If you are a recently divorced single mother in Maryland struggling to handle bills and keep up with debt payments in spite of working a a full time job with decent pay, filing for bankruptcy may be an option to consider. There are three main chapters of the federal...
PLEASE NOTE: We remain open and we are available for video conference, regular teleconference or in some limited situations will accept in person consultations.
The Law Office of
Donald L. Bell
Free Consultation
240-624-0748
240-624-0748
3 tips on dealing with the stress of debt
Persistent stress takes a toll on your health, that is why you should minimize your stressors in life, including those surrounding your debt. Know that you are not alone in your struggles. Many Americans worry about the state of their finances. If thoughts of your...
How can I prevent medical debt?
Injuries and illness can strike just about everyone, which is why it is so important to have the right health coverage in place. However, even with health insurance, you might find yourself mired in medical debt. Here are a few ways to prevent accruing debt, even when...
How are credit scores calculated?
A great credit score can get you great interest rates on loans, help you secure employment, and even make the dream of owning a home a reality. There are a lot of different factors looked at when calculating a credit score, each of which gives an indication of your...
After a divorce, your credit may take a hit
Many things change when you get a divorce in Maryland. You have to learn to live as a single person again. You need to parent your children by yourself. You may have to move. There may also be a change to your credit report. It is not uncommon to have a drop in your...
Debtors should respond to legal debt collection notices
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...
Many American consumers do not know they owe money
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 individuals....
Have your debt problems led to insolvency?
When you wake up in the morning, do your thoughts immediately go toward how little money you have in your bank account and how many bills have piled up on your table? If so, you are not alone. Numerous people in Maryland and across the country struggle with financial...
Why younger people are struggling with credit card debt
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...
How medical debt can affect credit scores
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...
