When someone files for Chapter 13 Bankruptcy in Maryland they are entering into a 3 to 5 year repayment plan to all of their creditors who have a claim against them. There are many reasons why people file for Chapter 13 Bankruptcy in Maryland such as: It helps to prevent foreclosure on a home It […]
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Will I have to appear in Bankruptcy Court?
For many Baltimore residents, bankruptcy is a way to help re-establish a firm financial stability after dealing with a personal economic crisis. One question that often arsis however during the process however is, will I have to appear in Bankruptcy Court? Often times people who file for bankruptcy are afraid of the process or the […]
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Can bankruptcy eliminate back taxes?
When the debt you owe is too much for you to pay back, the stress can be overwhelming. What can help to alleviate that stress is knowing what you will and will not be expected to pay back. Often times individuals filing for bankruptcy will ask, can bankruptcy eliminate back taxes? In order to answer […]
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