Personal bankruptcy is a tool that is often used to stop a creditor from garnishing a debtors wages.
Chapter 7 Bankruptcy - What Happens to my Home After I File?
People filing Chapter 7 bankruptcy are concerned about how bankruptcy will affect the ability to keep or sell a personal residence.
Tips for Rebuilding Credit After Bankruptcy
One of the and most asked questions from clients considering bankruptcy is "Will I be able to rebuild my credit after bankruptcy?"
Will My Employer Find Out I Filed Bankruptcy?
A common question asked by many individuals considering bankruptcy ask me in an initial consultation is "Does my employer have to know I filed bankruptcy?"
Big Time Lawyer Not Immune to Chapter 7 Bankruptcy
Typically, when we think of bankruptcy, we don't think of a former partner of one of the biggest law firms in the world.
Country singer filing for Chapter 7 bankruptcy protection
Maryland residents familiar with country music may recognize the subject of today's article, which focuses on the individual bankruptcy of a member of the hit band Montgomery Gentry. Eddie Montgomery, one-half of the famous duo, has filed for personal bankruptcy, seeking Chapter 7 bankruptcy protection in the state of Kentucky. Official reports show that the man's assets are valued at $1.9 million, while his liabilities are estimated at $13.4 million.
Multiple Chapter 7, 13 filings ultimately prevent foreclosure
Sometimes, persistence in bankruptcy court pays off for Maryland filers. In one case, a family was able to preserve the title to their $800,000 home after making five trips to a federal bankruptcy court. A couple in the case was able to claim that they were the victims of overzealous and needless prosecution by lenders who are looking to foreclose on the home unfairly. That process began in 2007 according to official reports.
Settlement reached in football coach's Chapter 7 bankruptcy
One type of personal bankruptcy that individuals here in Maryland sometimes file for is Chapter 7 bankruptcy. Such bankruptcies generally involve a discharge of debts. Recently, a settlement was approved in the Chapter 7 bankruptcy case of a public figure and the figure's debts were discharged.
