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 […]
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. […]