Recent Posts in Chapter 7 Category
Posted on Dec 24, 2011 By The Aylward Law Firm
Client's come to me on a regular basis, after working with a debt settlement company. Some of them have been in debt settlement programs for many months, up to two years. They have spent thousands ...
Continue reading "Debt Settlement, Does It Work?" »
Posted on Sep 1, 2011 By The Aylward Law Firm
Prudent Walkaway—A Dramatic Change from Strategic Default In the past two years many families have had to consider " strategic default " of their home. " Strategic default " ...
Continue reading "Prudent Walkaway--Shift From Stragic Default" »
Posted on Jun 9, 2011 By Nolo.com
Assess Your Personal Liability for Business Debts Many small business owners see their businesses as an extension of themselves. It can be tough (not to mention stressful and costly) to start a ...
Continue reading "BANKRUPTCY FOR SMALL BUSINESS" »
Posted on Oct 17, 2010 By
Most consumers want to know how much it costs to file bankruptcy when considering whether a bankruptcy filing is an option for them. The average cost for a chapter 7 petition in 2007 to 2008 was ...
Continue reading "How Much Does It Cost to File Bankruptcy?" »
Posted on Sep 20, 2010 By
Filing Bankruptcy? Disclose Everything, Hide Nothing Reprinted by permission Hiding property from a bankruptcy court could come back to haunt you. Your bankruptcy papers are signed under penalty of ...
Continue reading "Filing Bankruptcy? Disclose Everything, Hide Nothing" »
Posted on Sep 20, 2010 By
Eliminating Tax Debts in Bankruptcy Reprinted by permission Most taxes can't be eliminated in bankruptcy, but some can. You may hear radio commercials offering the hope of eliminating tax debts in ...
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Posted on Sep 20, 2010 By
Alternatives to Bankruptcy Reprinted by permission Learn when an alternative may be better than Chapter 7 or Chapter 13 bankruptcy. In many situations, filing for bankruptcy is the best remedy for ...
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Posted on Aug 31, 2010 By
According to Experian* strategic defaulters are defined as homeowners who choose to default on a home mortgage loan, once the value of their home dips below the amount due on their home mortgage loan. ...
Continue reading "Strategic Default--Two in Ten Mortgage Defaults are Strategic Defaults" »
Posted on Aug 28, 2010 By
by Attorney Shannon Miehe (printed with permission) If your business is in the red, take steps to protect your personal assets. If your business is in distress -- you owe a lot of money but you can't ...
Continue reading "When You Can't Pay Your Business Debts: Personal Liability and Bankruptcy Options" »
Posted on Aug 16, 2010 By
How Bankruptcy Stops Your Creditors: The Automatic Stay After you file for bankruptcy, the automatic stay offers potent legal protection against bill collectors. When you file for bankruptcy, ...
Continue reading "How Bankrupty Stops Your Creditors: The Automatic Stay" »
Posted on May 30, 2010 By
You've made the hard decision to prepare to file bankruptcy. What are the next steps?? Obtain your credit report We recommend obtaining a credit report from www.annualcreditreport.com . It is a free ...
Continue reading "How Do I Prepare For a Bankruptcy Filing--Next Steps" »
Posted on May 26, 2010 By
What is strategic default? If you own a house that is now worth far less than what you paid for it, you may consider walking away from your house and mortgage payments. This may be an option for you ...
Continue reading "Strategic Default--Is It An Option For You? " »
Posted on May 4, 2010 By Jillian K. Aylward
Most people do not have much information about how the bankruptcy process works. They fear that they will lose all or some of their assets. By discussing the top myths about the bankruptcy process I ...
Continue reading "BANKRUPTCY MYTHS" »
Posted on Feb 10, 2010 By Maryland Bankruptcy Attorney
We are pleased to announce the launch of our bankruptcy blog.
Continue reading "Welcome to Our Maryland and DC Bankruptcy Blog" »