On behalf of The Law Office of Donald L. Bell | Sep 23, 2019 | Ch. 13 Bankruptcy
Homeowners in Maryland who are struggling to pay their monthly expenses may want to consider bankruptcy to find relief from the stress of overwhelming debt. The U.S. Courts explains that Chapter 13 bankruptcy allows people who have a reliable income that does not...
On behalf of The Law Office of Donald L. Bell | Aug 20, 2019 | Ch. 13 Bankruptcy
If you file bankruptcy in Maryland, then you may know that there are some debts you must continue to pay. If you file a Chapter 13, the IRS explains there are certain things you must do in regards to your taxes. If you fail to do them, then you could end up having...
On behalf of The Law Office of Donald L. Bell | Aug 6, 2019 | Ch. 13 Bankruptcy, Ch. 7 Bankruptcy
Whether tax debt can be discharged in bankruptcy is not always clear. Maryland residents may be stuck with paying off tax debt even after they complete bankruptcy. However, no matter whether you file for Chapter 7 or Chapter 13 bankruptcy, it is possible to get rid of...
On behalf of The Law Office of Donald L. Bell | Jul 8, 2019 | Ch. 13 Bankruptcy, Firm News
In Maryland and across the United States, people in debt do not enjoy dealing with debt collectors. However, debt-related problems continue to grow. The Consumer Financial Protection Bureau released statistics showing that approximately 70 million Americans feel...
On behalf of The Law Office of Donald L. Bell | Jun 24, 2019 | Ch. 13 Bankruptcy, Firm News
In Maryland and across the United States, a lengthy marriage culminating in divorce may cripple a spouse’s financial circumstances. Many women with children were previously living comfortable lives only to find themselves financially struggling as single...
On behalf of The Law Office of Donald L. Bell | Jun 12, 2019 | Ch. 13 Bankruptcy, Firm News
Generally speaking, younger adults in Maryland and throughout the country were less likely to use credit cards or take on debt. However, new data indicates that 8% of credit card balances among individuals aged 18-29 are 90 days or more past due. Younger individuals...
On behalf of The Law Office of Donald L. Bell | May 28, 2019 | Ch. 13 Bankruptcy, Firm News
Even the most financially responsible person in Maryland can have difficulty keeping up with obligations when faced with mounting medical debt. According to Consumer Reports, 3 out of every 10 Americans has unpaid medical debt of $500 or more. This type of debt can...
On behalf of The Law Office of Donald L. Bell | May 16, 2019 | Ch. 13 Bankruptcy, Firm News
Maryland residents who are struggling to make ends meet due to overwhelming student loan debt currently have few options, but their situations could soon change if a bill introduced recently in both the House of Representatives and U.S. Senate garners enough support...
On behalf of The Law Office of Donald L. Bell | May 1, 2019 | Ch. 13 Bankruptcy, Firm News
If a Maryland resident filed for bankruptcy nine years ago, that bankruptcy will generally have little impact on his or her credit score or history. However, if that bankruptcy was filed just a year ago, it could have a significant impact on that person’s credit...
On behalf of The Law Office of Donald L. Bell | Apr 17, 2019 | Ch. 13 Bankruptcy, Firm News
The actions that debt collectors in Maryland can and cannot take are governed by the Fair Debt Collection Practices Act, or FDCPA. While debt collectors are allowed to contact individuals about a valid debt, those who are contacted have a right to verify what the debt...
