Bankruptcy and Student Loans
Jun 15, 2012
Student loans are very difficult to discharge in bankruptcy. Student loan debts also tend to be very substantial, so its important that borrowers understand their rights and their obligations.
There a...
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Bankruptcy Courts in Maryland
Jun 08, 2012
Maryland is one district for the purposes of federal court. The Maryland District has two divisions: the Northern Division in Baltimore and the Southern Division in Greenbelt. Bankruptcy proceedings ar...
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Famous People in Bankruptcy
Jun 01, 2012
Consumers who are considering bankruptcy are sometimes discouraged by the idea. They may not know anyone who has been through the process before. Actually, most of us do know someone who has been throu...
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Identity theft: what to know
May 25, 2012
Identity theft is the accessing of resources or credit through the unauthorized use of another partys identity. It is a federal crime, punishable by 5, 15, 20 or 30 years in prison. 18 U.S.C. 1028. Ac...
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The Foreclosure Backlog in Maryland
May 18, 2012
Foreclosures have dropped since last year, but that doesnt mean that the economy has recovered. There are thousands of houses whose owners have defaulted on the mortgage payments, waiting for the forec...
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Bankruptcy and the Means Test in Maryland
May 11, 2012
Form 22 is a form used in Chapter 7 and Chapter 13 bankruptcy cases. It is very important in both of those kinds of bankruptcy cases, but in different ways. Its somewhat complicated, and it deserves a ...
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HOAs, Condos and Bankruptcy in Maryland
May 04, 2012
Homeowners associations and condominiums normally charge monthly or quarterly dues to homeowners in their territory. These dues attach to the property as well as to the homeowner(s), and they are impor...
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Bankruptcy and the Supreme Court 2012
Apr 27, 2012
The Supreme Court hears the most important cases in the federal court system. This term, its hearing at least two bankruptcy cases. The decisions are normally released in June.
RadLAX Gateway Hotel LL...
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Old Debt in Maryland
Apr 20, 2012
Ive worked for both debtors and creditors in trying to resolve old debt. This week I want to take a look at the rights of both parties when the debt is very old.
In Maryland, the statute of limitation...
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"Cramdowns" in Chapter 13 Bankruptcy Cases
Apr 13, 2012
What happens if a person owes more on their car than it is worth? In Chapter 7, the debtor should file a motion to redeem the car at its fair market value. But what if the debtor is in Chapter 13 inste...
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