No matter how tirelessly you may have worked, you might be at a point where you can no longer keep up with your business debts. This does not mean that it is the end of the road, though. You have the option to restructure your debt with Chapter 11 bankruptcy. Like many other people in […]
Many Maryland homeowners with federally backed mortgages have been able to take advantage of special forbearance programs through the 2020 CARES Act during the past year. While some are ready to resume payments once the forbearance period is over, others may be in the same — or worse — financial position as before. This has […]
Getting into debt is surprisingly easy, while getting out of it can sometimes feel like an insurmountable task. Bankruptcy offers a smart, proven method for addressing impossible amounts of debt, but Maryland consumers are often hesitant to take this step. There is a lot of fear and misunderstanding that makes some people feel as though […]
It is no secret that going to the doctor is outside of many people’s budget. However, when faced with a serious medical problem, patients have virtually no other options. Medical costs can add up quickly as people receive necessary or even lifesaving care — medical costs that they cannot afford to pay. Rather than find […]
Foreclosure is not a problem that strikes out of nowhere. Despite this, some people in Maryland do not realize when they start on the initial path toward foreclosure, which is a period of time called preforeclosure. Better understanding when preforeclosure starts, what it entails and what actions to take may help struggling homeowners keep their […]
Both consumers and businesses can file for bankruptcy through one of several options. Chapter 11 bankruptcy is most commonly associated with small businesses and large companies that have significant amounts of debts. What many people do not realize is that under certain circumstances, individual consumers can also file for Chapter 11. Individual Chapter 11 bankruptcy […]
Buying a house is a big investment, both financially and emotionally. Families spend years building memories in their homes, and it is not uncommon for homeowners to spend more and more money on upkeep and improvements. The thought of losing a home with that much time, energy and love invested into it can be frightening. […]