Month: December 2020

The repayment plan of Chapter 13 bankruptcy

Financial problems impact Maryland residents for diverse reasons. Unemployment and underemployment hurt families during tough economic times, and unexpected medical bills can quickly wipe out savings for individuals with health crises. Others may simply make bad decisions with their assets and may struggle to stay afloat as they move into the future. No matter the […]
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How the automatic stay guards against claims of creditors

Many residents of Maryland who are in financial difficulty have considered the possibility of filing a petition for relief under Chapter 7 of the Bankruptcy Code, but they are dissuaded from doing so by fear of harm to their financial reputation and their standing in the community. Many of these would-be debtors are unaware of […]
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