Are you a firefighter or EMT who is dealing with a huge burden of debt? Financial difficulties can be extremely stressful, and your high-pressure job requires that you be alert and focused 100% of the time – lives depend on it. Depending on your situation, filing for bankruptcy can be a practical and expedient way […]
The United States is known as a nation of consumers, and the numbers surrounding credit card usage have reached staggering proportions. According to the Federal Reserve, credit card balances for Americans surpassed the $1 trillion mark in March of 2018 which is an all-time high. The average credit card balance in Maryland is currently $7,043, […]
Nationwide, one-third of Americans hold at least one debt that is in collections, so it’s safe to assume that debt collectors are pretty busy. Over the years, debt collectors have shifted their tactics. While they still send letters and harass people with phone calls, some are now incorporating other forms of communication such as text […]
Thousands of people file for bankruptcy each year, and it can be a smart financial move to make a fresh start and start rebuilding a stronger financial future. Bankruptcy is becoming increasingly common for licensed professionals who may be burdened by high annual professional fees and/or tuition debt. As an example, medical school costs are […]
In today’s high-tech landscape, identity theft is a problem that has grown to massive proportions. And, this trend is expected to continue as cyber criminals become even more sophisticated. According to the Insurance Information Institute, there were nearly 17 million victims of identity theft in 2017, and during that year a total of almost $17 […]
If you’re looking forward to getting some debt relief and making a fresh start financially, you may be wondering how long your bankruptcy will take. There are several factors that can add to the complexity of the bankruptcy timeline, but there also may be some steps you can take to help move the process along. […]
The prospect of owing back taxes can be stressful, and even more so if you are filing for bankruptcy. Knowing what you will and will not be expected to pay can help you plan for what’s to come. Let’s take a look at how bankruptcy may affect your tax burden. Are you facing growing tax […]
In the often-distressed housing market, there are instances when a homeowner may have a difficult time meeting their mortgage payment obligations for a variety of reasons. If you’ve fallen behind in mortgage payments and at risk of losing your home, you do have options. Although at first glance a short sale or mortgage adjustment may […]
As the US population ages, long-term care has become a serious financial consideration for many households. In some cases, people may have underestimated just how expensive long-term care can be, leaving them unprepared as parents age and are no longer able to be in their own homes. In other cases, families believed that aging parents […]
When you’re working diligently to aside money for the future, the thought of losing those hard-earned funds can be frightening. To put your mind at ease, in nearly all cases, retirement and pension plan funds are protected from bankruptcy. However, there are a few exceptions. Also, if you are receiving retirement benefit payments as part […]
