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. […]
When considering bankruptcy, it is important to know that there are typically two types of consumer bankruptcy that Maryland residents can pursue. These are Chapter 7 and Chapter 13 bankruptcy. While many people might have heard these terms before, they may be unfamiliar with the details or which type they even qualify for. Only those […]
Buying a home is an important financial accomplishment. Unfortunately, financial circumstances often change throughout life, and homeowners in Maryland might find that it is difficult — or even impossible — to keep up with their mortgage payments. Some worry that they are destined to end up in foreclosure. A mortgage loan modification offers an alternative. […]
There are few things more disheartening than realizing that your business can no longer shoulder its debt load. Like many business owners in Maryland you might think that this is the end of the road for your business, but you might be overlooking an important option — Chapter 11 bankruptcy. This form of bankruptcy is […]
No matter how secure someone might feel in his or her finances, the reality is that everything can disappear in the blink of an eye. This is especially true when the unemployment rate is in double digits and people in Maryland are struggling to find work. Experts now predict that there will be a new […]
Smaller, midsize law firms find it’s feast or famine during pandemic