Elder Bankruptcy

Filing for bankruptcy in Maryland can raise concerns about the fate of retirement accounts. Fortunately, the law protects most retirement accounts during bankruptcy, allowing individuals to retain their savings while seeking debt relief. Bankruptcy and retirement...

Many senior citizens work hard and practice careful financial planning. However, unforeseen circumstances can lead to financial strain. Sometimes, the strain may prompt some seniors to file for bankruptcy relief in Maryland. Adult children Seniors may find themselves...

Filing for bankruptcy can significantly lessen your debts and present you with a fresh start. While this is a valuable advantage, you may feel unsettled about starting over during your retirement years. When you know some of the ways that bankruptcy may impact your...

If you are age 65 or older and facing substantial credit card debt issues, you are not alone. The National Consumer Law Center reports that, nationwide, people in this age demographic have approximately four times as much credit card debt as people aged 25 and...

Aging often comes with several health, medical and mental issues, but older adults often face financial hardship, too. In recent years, more older adults filed for bankruptcy to cope with their mounting money struggles. MarketWatch explores the reason behind the tide...

Bankruptcy is a legal status where a person declares they are in a financial fix and might not be able to pay for their debts. Individuals, businesses, and even big companies file for bankruptcies all over the world.  What is alarming is the high number of older...

You expect your golden years in Maryland to be a time of relaxing and enjoying life. Debt can crush those expectations, though, and fill every day with stress. At The Law Office of Donald L. Bell, our legal team often helps retirees to gain the freedom that debt has...