It is no secret that fear can be a powerful motivator and such an emotion could influence one’s decisions in various scenarios. Individuals in Maryland who experience dire financial straits may wish to seek much needed relief through outlets such as bankruptcy, but...
Bankruptcy
Analyzing the possible downsides of certain forms of debt relief
When financial challenges arise, many individuals in Maryland and elsewhere may find it helpful to know that there may be various options with which to help address the situation. However, while some of the available options may seem appealing at first glance, they...
The toll debt could take on retirement plans
It might not be uncommon for many individuals in Maryland and elsewhere to spend decades saving for the golden years of life. Those approaching this stage might not want to let anything disrupt their plans, sometimes things might not be so simple. Those who struggle...
What is the means test for Chapter 7 bankruptcy?
Chapter 7 bankruptcy is the most common form of bankruptcy people seek – largely because you can discharge thousands and thousands of dollars of debt in a Chapter 7 bankruptcy. Yet to qualify for a Chapter 7 bankruptcy, you have to pass a means test. The means test...
Understanding the toll debt can take on your relationships
When financial hardships first arise, it might seem as though the challenges you face may prove to be only temporary. Should these issues persist, you may still be somewhat hesitant to take the necessary steps to seek relief, as making major financial decisions can...
Entering the new year facing high levels of debt
With the end of the year approaching swiftly, many individuals in Maryland and elsewhere may already be compiling a list of resolutions for the upcoming year. In some cases, these resolutions could revolve around finding ways to regain control over one’s financial...
Determining if bankruptcy is the correct path
Many individuals in Maryland and across the nation may be no stranger to the strain of dealing with high levels of debt. While there are outlets such as bankruptcy that could help provide relief from similar hardships, knowing how to choose the best path for relief...
Understanding why credit card debt may be a common issue
Ease of access and use and the concept of buying an item now and paying for it later are just a couple of examples of the appeal of carrying a credit card. With promotional periods with low to no interest rates and offers for rewards programs on many cards, you may...
Knowing one’s rights when dealing with debt collectors
Dealing with constant phone calls and collection letters may feel like an everyday task for individuals in Maryland and elsewhere who struggle under the weight of financial strain. Unfortunately, many of those who face similar trials might not always be aware of their...
Protecting your financial future by knowing when to seek relief
It may come as no surprise that dealing with the trials of financial struggle can be a harrowing process. Although you may take every possible measure to keep such hardships at bay, such a goal might not always be a simple task as taking on at least some level of...