What does “discharged” mean?
The goal of a bankruptcy proceeding is to obtain a discharge of debts. When a debt is discharged, it is no longer enforceable against the debtor personally.
Personal liability
When you have personal liabilit…
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If you’ve recently found yourself buried under a pile of debt, you’ve probably spent some time researching ways to dig yourself out. Most likely, filing for personal bankruptcy did not sound like the most appealing choice. However, like visiting…
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Think about this:
Just because you can pay your minimum payments each month, does not mean you are financially fit. Low monthly minimum payments benefit the credit card company, the “minimum amount due” is cleverly calculated to keep you…
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I have noticed a trend in the last few weeks. More and more people are calling for help with their overdue credit cards bills, medical bills and wage garnishments. I think that due to the recession, Chapter 7 bankruptcy’s are going to incre…
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Did you know that Chapter 7 bankruptcy, if you qualify, will completely eliminate your credit card bills and all of your other debt? Yes, it’s true, and there is nothing that the credit card companies can do about it. Alot of people think…
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Maryland Enacts Foreclosure Mediation Law. On April 13, Maryland Governor Martin O’Malley signed a law (H.B. 472) giving homeowners the right to mediate foreclosure with a neutral third party and requiring lenders to conduct loss mitigation ana…
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This is the first post on the Maryland Bankruptcy Center bankruptcy information blog. My name is David L. Ruben. I am an attorney in the state of Maryland and have recently created this website and other websites for a couple of reasons. I st…
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