Bankruptcy Basics For Real Estate Professionals

by Dave Gormley | Posted in Bankruptcy & Foreclosure | Reading Time: < 1 minute

If you are a real estate professional in Southern Maryland here are some bankruptcy basics that you need to know.  Here is a slide share video of Dave Gormley giving a lunch and learn presentation to a group of real estate professionals in our office.   Along with an overview of bankruptcy law you find...

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Insurance You Need (And Some You Don’t)

by Tucker Clagett | Posted in Civil Law & Consumer | Reading Time: 9 minutes

Do you really know what insurance you need to cover you? Do you know what level of coverage will properly protect you? What if caused a car accident and the other person sued you? What if another person with no insurance (or too little insurance) caused an accident that injured you? What if your house...

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Alimony is not tax deductible anymore and that may complicate things

by Nasheia Smith | Posted in Family Law | Reading Time: 4 minutes

Maryland divorce cases got harder to resolve after the 2017 tax law.  Alimony is now treated completely differently for tax purposes. While the law was passed in 2017 the changes take effect for tax year 2019. Alimony is a complicated subject in a Maryland divorce. Click here to read our post answering all of your...

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Buying A Car While In A Chapter 13 Bankruptcy

by Dave Gormley | Posted in Bankruptcy & Foreclosure | Reading Time: 4 minutes

You have a pending Chapter 13 bankruptcy in Southern Maryland and your car has died or needs a huge repair. You may be surprised that you do have the option of getting a loan to buy a new or used car. What shouldn’t surprise you is that it is a bit of a pain, and it...

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Your Lawyer Will Be A Robot One Day

by Tucker Clagett | Posted in Laughing @ Lawyers | Reading Time: 4 minutes

Will Robots Replace Your Attorney? If you think replacing lawyers with robots is a good idea (there are about a million lawyer jokes that come to mind when I write that), you may be in luck. A new report by a tech consulting firm says that within 15 years, robots will replace most lawyers. This...

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Does Bankruptcy Clear Income Tax Debt?

by Dave Gormley | Posted in Bankruptcy & Foreclosure | Reading Time: 4 minutes

Filing for bankruptcy may help you deal with your tax problems. While it is difficult to discharge tax debt, it is not impossible.  If your tax debt is old enough, bankruptcy can help eliminate or reduce how much you have to pay back on your taxes. However even when the bankruptcy doesn’t discharge the tax...

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The US Trustee’s Information Sheet

by Dave Gormley | Posted in Bankruptcy & Foreclosure | Reading Time: < 1 minute

Here is the link to US Trustee Bankruptcy Information Sheet that anyone who files for bankruptcy in Maryland is required to review. While we include a copy of in the folder we give to every client we figured having an online version couldn’t hurt. Maybe now Dave Gormley will get rid of that laminated copy...

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Large Tax Bills Are A Sign You May Need To File Bankruptcy

by Dave Gormley | Posted in Bankruptcy & Foreclosure | Reading Time: 2 minutes

Most people we meet with for a bankruptcy consultation have done anything and everything they possibly could to avoid filing for bankruptcy.(that bankruptcy consult is free, by the way) Often, “anything and everything” includes increasing their tax allowances and exemptions at work so payroll will start withholding less money from their paycheck. If not done...

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The Mortgage Debt Forgiveness Act Is Back! And Gone?

by Dave Gormley | Posted in Bankruptcy & Foreclosure | Reading Time: 3 minutes

At the end of 2019 the Mortgage Debt Forgiveness Act was reinstated.  Unfortunately, this has not received any media attention.  From the bankruptcy cases we handle we know there were a lot of short sales and foreclosures in Southern Maryland the last two years.  Therefore, we know it is important to get the word out....

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Your Family Law Scheduling Conference

by Nasheia Smith | Posted in Family Law | Reading Time: 4 minutes

So you received the notice in the mail that we have a Scheduling Conference or Settlement Conference coming up. This post will explain what exactly that means, especially for Charles, St. Mary’s and Prince George’s Counties. A Settlement / Scheduling Conference is a formal meeting with the Judge or Magistrate. It is a way for...

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