Falling into debt often serves as one of the most difficult points of your life, and getting back out of it can take a lot of time and effort. Needless to say, once you get back out of it, you want to do everything in your power to keep from falling back. Some areas...
Month: August 2021
Understanding Chapter 13 bankruptcy
If you have large amounts of debt that you are struggling to pay, you probably are wondering what your options are. You may be considering bankruptcy but do not want to lose all of your assets. One option is Chapter 13 bankruptcy. To file, you must meet certain...
How does debt collector harassment differ from misrepresentation?
The Fair Debt Collection Practices Act (FDCPA) serves as a way to protect people like you from falling victim to unfair collection practices on the part of debt collectors. Unfortunately, they sometimes utilize underhanded, coercive or even threatening tactics in...
Is this debt collector misrepresentation?
When dealing with debt collectors, misrepresentation is likely not the first concern that springs to mind. Most people fear harassment instead, as this often involves actual physical threats or the use of crude and vulgar language. However, the Fair Debt Collection...
How do you change your credit card spending behaviors?
Dealing with debt is a difficulty no one wants to face, and it can take a long time for you to dig yourself back out of it. Needless to say, once you gain your footing again, the last thing you want is to end up in a position where you fall back into debt. So how can...
Understanding the means test for Chapter 7 bankruptcy
Chapter 7 bankruptcy allows Maryland residents to discharge many eligible debts. However, you must pass the means test, which evaluates your income, assets and obligations, to qualify for Chapter 7. If you live in Maryland and struggle with mounting debt, learn more...
How the automatic stay shields debtors from collection activity
Many people file bankruptcy to shield their remaining assets from collection proceedings by their creditors. Unless these debtors have filed a bankruptcy previously, they may have no awareness of the automatic stay and how it can protect them from ongoing collection...
