Facing the possibility of having your wages garnished can be a frightening experience. Creditors generally do not use wage garnishment as a first attempt to recover owed debts, though. Instead, this approach usually only comes when someone in Maryland is significantly behind on payments. What kind of debts can lead to wage garnishment? Creditors can […]

For a lot of people in Maryland, finding a secure, stable job usually means getting a college degree first. Attending college is not cheap, though, and student loan repayments often outpace people’s initial earnings. This often results in stressful financial situations. For some people, bankruptcy could be the solution. Bankruptcy and student loans A common […]

Maryland consumers might find themselves living with too much debt for all kinds of reasons. For some, debt can come from a single, unexpected event. For others, it is more of a slow accumulation that leads to debt. Regardless of how one finds him or herself in a financially strapped situation, bankruptcy can offer reprieve. […]

You do not want to struggle with your finances for the rest of your life, but maybe you are not sure whether taking action will really improve your situation. However, life after bankruptcy is not only possible, it is wholly realistic. Here are the steps you can to improve your financial status after filing for […]

Learning that one might face foreclosure can be disheartening. Foreclosure occurs when a homeowner falls behind on his or her mortgage payments, usually for three months. It is not unheard of for some lenders to wait as long as six months before starting foreclosure proceedings, although it is not as common. There are alternatives to […]

Owing money is not necessarily an indication of poor financial decisions. Indeed, most people in Maryland would not be able to purchase a vehicle home without borrowing money to do so. Reasonable amounts of debt can quickly spiral out of control, though, and people of different ages borrow for different reasons to roughly 33% of […]

Carrying around debt of any kind is not easy, but it is fairly normal. Consumers in Maryland may have all types of outstanding debts, including mortgages and credit cards. When dealing with these debts becomes too much, it may be time to consider options like refinancing, debt consolidation or bankruptcy. The average homeowner has an […]