This is one of the most commonly asked questions by people who are considering bankruptcy. At the Maryland Bankruptcy Center we eliminate more credit card debt than nearly every other law firm in the state of Maryland. Here is how it works.
If y…
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The meeting of creditors is provided pursuant to this Section 341 of the United States Bankruptcy Code. The meeting is often referred to as the 341 meeting of creditors or your bankruptcy court date. At the meeting of creditors, you along with your…
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I saw this article online and thought it was excellent, please read if interested in learning about or filing Chapter 7 bankruptcy, I couldn’t have said it any better myself.
Can Chapter 7 bankruptcy help?
When most people think of filing for b…
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I saw this article today and had to pass it along. It is very true and I couldn’t have said it better myself.
Is Credit Counseling a Step in the Right Direction?
Credit counseling most often involves consolidating outstanding debts as much as…
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Bankruptcy filings in June declined for both individuals and businesses. Still, bankruptcies so far this year are 9 percent ahead of last year’s monthly average, according to data compiled from court records by Automated Access to Court Electro…
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Why is it that credit reporting companies have so much control over our lives? One false report on your credit report could cost you the ability to buy a house, car or to even obtain a credit card. Is that fair? No way. Is there anything you…
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News Flash! November 8, 2010 —Bankruptcy cases filed in federal courts for fiscal year 2010, the 12-month period ending September 30, totaled 1,596,355, up 13.8 percent over total FY 2009 bankruptcy filings of 1,402,816, according to statistics rel…
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I came across this article today on the internet and thought it was very interesting. Often times potential or actual bankruptcy client’s ask me what affect bankruptcy will have on their credit. My answer is always the same. That is, it w…
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November 08, 2010
October Filings Hold Steady
2007
2008
2009
%
2010
%
Jan
55,200
70,300
89,000
27%
102,600
15%
Feb
58,800
79,500
102,000
28%
117,800
15%…
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National Bankruptcy Research Center October 2010 Bankruptcy Filings Report
The raw numbers suggest that bankruptcy filings in October rose slightly from the previous month (to 132,000 from 130,000). But that trivial increase suggests a substantial b…
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