Month: February 2021

Bankruptcy

Current low rate of bankruptcy filings could change by mid-2021

Given the ongoing health crisis and the financial challenges many people in Maryland and across the nation are facing, there has been a long-held expectation that bankruptcy filings would skyrocket. According to the statistics, that has not happened. In fact, there has been a record reduction in bankruptcy filings. Still, people who have managed to […]
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Bankruptcy

Am I eligible for Chapter 7 bankruptcy?

Deciding whether to file for Chapter 7 or Chapter 13 bankruptcy can be difficult, as each option has its own advantages and disadvantages. Before you make your decision, you should know that not everyone is eligible for Chapter 7 bankruptcy. Only people that pass the bankruptcy means test will be eligible for Chapter 7 bankruptcy. […]
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