Posts Tagged ‘Bankruptcy’
Can I file Bankruptcy if I have an ITIN?
Bankruptcy laws don’t require a legal status or U.S. citizenship for a debtor in order to file for Bankruptcy. The U.S. Code, in its title 11 for Bankruptcy, chapter 1 § 109 titled “Who May be a debtor” states that: (a) Notwithstanding any other provision of this section, only a person that resides or has a…
Read MoreNew Maryland Rules for Debtors
Beginning January 1, 2012, if you are being sued by a debt collector, new Maryland rules may help you. The Baltimore Sun reported that Maryland’s Court of Appeals has enacted rules to protect Maryland debtors. Reading the new Rules, at p.4 through 11, it is clear that the Court is reacting to the excesses of…
Read MoreWhat Bankruptcy Can and Can’t Do
What Bankruptcy Can Do Filing bankruptcy can: Stop all further collection activity – creditors can no longer call or write, any pending lawsuits and/or wage garnishments are stopped. Stop foreclosure proceedings. Prevent repossession of a car or other property, and in some cases, force a creditor to return property even after it has been repossessed…
Read MoreWhat is Chapter 7 Bankruptcy?
Bankruptcy is a right provided by Federal law to people in debt who need relief from their creditors and an opportunity to get back on an even financial footing. A decision to file should be made only after determining that bankruptcy is the best way to deal with your financial problems, and this article cannot…
Read MoreStudent Loans Discharged in May 2012 Maryland Bankruptcy Case
In November of 2009, a Baltimore woman, Carol Todd, filed bankruptcy in the U.S. Bankruptcy Court, in Baltimore, Maryland. As part of that bankruptcy, she requested a discharge of student loans, in the amount of $339,361. In May of 2012, the Judge in the case, (Maryland Bankruptcy Judge Robert Gordon) ruled that because of a…
Read MoreMaryland Bankruptcy Laws: Discharge a Student Loan
Increasing tuition costs causes student borrowing to rise. Two-thirds of college students borrow to pay for college and according to the U.S. Department of Education federal student loan disbursements are steadily increasing each year. In the 2008-2009 academic year the total amount that students borrowed and schools received grew to $75.1 billion.
Read MoreBancarrota- La diferencia entre Capitulo Siete y Capitulo Trece
Cuando clientes vienen a mi oficina para una cita sobre bancarrota, todos quieren archivar una caso de capítulo siete. Todos quieren archivar un capitulo siete porque esta fácil y rápido. Al igual, que sus cuentas pueden ser eliminadas aproximadamente en seis meses. Sin embargo, hay tres razónes en la cual usted necesita archivar una capítulo trece: 1. Si ingreso…
Read MoreNice words from a client about my office
Jeff, Just this week, I finished up a bankruptcy for a client who had a lot of worries (understandably and correctly) before she filed for Chapter 7 relief. She had many questions and deserved extra time for answers to the issues she raised. Now that we are finished, I received the following email that I…
Read MoreBancarrota en Maryland- Si vive en Maryland, sabia usted que….?
1. Usted no tiene que ser ciudadano de los Estados Unidos. 2. Usted no necesita un número de seguro social. 3. Usted solo necesita vivir en Maryland. 4. Usted debe archivar y pagar sus impuestos a el estado de Maryland y USA. 5. En cual estado puede usted archivar bancarrota? Eso depende…Usted puede archivar en…
Read MoreIf you have been sued by LVNV Funding LLC, Resurgent Capital Services, Alegis Group, Sherman Acquisition, Sherman Funding or Sherman Financial Group, your case may have been dismissed!!!
Chief Judge Ben C. Clyburn of the District Court of Maryland signed an order on October 26, 2011 staying the cases filed by the the above companies for violations of the Maryland Collections Agency Licensing Act and the Maryland Consumer Debt Collection Act. So, if you have been sued by any of the above named…
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