For an individual, there are two types of bankruptcy–a Chapter 7, which is a liquidation, and a Chapter 13, which is a reorganization of debts. The names come from the part of the federal bankruptcy code that provides information and requirements for both legal proceedings. Bankruptcy involves both federal and state law. So, you may […]
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What is a STET?
STET is a Latin term that means “let it stand.” According to the Baltimore County state’s attorney office, a STET is an indefinite postponement. A guilty verdict is not entered, but a STET is not an acquittal or dismissal. The charges remain; but they are not active in the system. So what is a STET […]
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