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What is a Cancellation of Debt?

What is a Cancellation of Debt?

What Is a Cancellation of Debt? If you’ve had a credit card balance forgiven, settled a loan for less than you owed, or had a lender write off a portion of your debt, you may have experienced something called a cancellation of debt. While having debt forgiven can feel...
How to Use Bankruptcy to Stop Foreclosure in Maryland

How to Use Bankruptcy to Stop Foreclosure in Maryland

Facing foreclosure can be overwhelming, especially when missed mortgage payments begin to threaten your ability to remain in your home. For many Maryland homeowners, foreclosure is not just a financial crisis but an emotional one, creating stress, uncertainty, and...
How Long After Bankruptcy Can You Apply for a Loan?

How Long After Bankruptcy Can You Apply for a Loan?

Filing for bankruptcy can feel like the end of your financial freedom, but in reality it is often the beginning of a path toward rebuilding your financial life. If you are a Maryland resident who has gone through bankruptcy, one of the most common questions you may...