Foreign Judgments in Maryland
Nov 09, 2012
Once a creditor gets a judgment, then it can move forward with garnishments to collect the money owed. But if the judgment is entered in one state, and the debtor lives and/or works in another state, t...
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Vehicle Repossessions in Maryland
Nov 02, 2012
Car dealers and other merchants dealing in very valuable goods who allow customers to finance their purchases usually keep a security interest in the goods they sell. If the purchaser defaults on the p...
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Credit Reports
Oct 26, 2012
In lending, collections, and bankruptcy, credit reports are often used to determine a borrowers creditworthiness and to collect on the loan if he defaults. Credit reports are very important and everyon...
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Representing Yourself in Bankruptcy
Oct 19, 2012
Hiring a bankruptcy attorney can be a big investment. Some debtors try to represent themselves in order to save money. It is usually a mistake to do so.
The procedures of bankruptcy are complicated an...
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Alternative Legal Remedies: Assignment for the Benefit of Creditors
Oct 12, 2012
(This three-part series on Alternative Legal Remedies draws heavily on the lecture and written materials provided by Paul Sweeney and Raymond Peroutka Jr. and Lawrence Block, at the May 2011 CLE Progra...
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Alternative Legal Remedies: Forbearance Agreements
Oct 05, 2012
(This three-part series on Alternative Legal Remedies draws heavily on the lecture and written materials provided by Paul Sweeney and Raymond Peroutka Jr., at the May 2011 CLE Program of the Bankruptcy...
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Alternative Legal Remedies: Receiverships
Sep 28, 2012
In bankruptcy, debtors complete a Statement of Financial Affairs which asks them if they have recently used any legal alternatives to bankruptcy. One of these alternatives is a receivership. Its usuall...
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Typical Timeline for Maryland Chapter 7
Sep 21, 2012
Many people want to know how long bankruptcy takes from start to finish. Every case is different in its early stages, but once a case is filed, it is normally over in about 90 days. Heres a pretty aver...
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Chapter 11 Bankruptcy Cases
Sep 14, 2012
Most consumers who file for bankruptcy file for either Chapte 7 liquidation or Chapter 13 restructuring. Chapter 7 allows you to keep up to $12,000 plus some other property that is exempt. Chapter 13 a...
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Rebuilding Credit After Bankruptcy
Sep 07, 2012
People who file for bankruptcy normally have lost their credit ratings long before the bankruptcy petition actually gets filed. Every delinquent account reduces their credit scores. And the bankruptcy ...
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