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bankruptcy

Recovering from your bankruptcy

Filing for bankruptcy could be a highly positive step in the right direction for people who are interested in rebuilding their financial situation. Following all the necessary steps during the bankruptcy process could lead a Maryland debtor to embark on life with a...

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Car loans and bankruptcy

Filing for bankruptcy provides an opportunity to discharge some or all of your debts without the need to give up property such as a Maryland home. However, it may complicate your efforts to apply for vehicle financing as the bankruptcy remains on your credit report...

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Listing assets in Chapter 7 proceedings

Chapter 7 bankruptcy may be a good way for someone in Maryland to escape insurmountable debt. Under Chapter 7 rules, the debtor will liquidate non-exempt assets to pay creditors. This category is different from Chapter 11, which involves a payment plan. When filing...

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Common myths about bankruptcy

Bankruptcy represents a last resort when it comes to financial issues, but there's nothing wrong with making that choice if your circumstances warrant it. Hundreds of thousands of Americans file for bankruptcy every year, many of them located in Maryland. Despite how...

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