Steps in Filing Chapter 7 Bankruptcy in Maryland

by Dave Gormley | Posted in Bankruptcy & Foreclosure | Reading Time: 5 minutes

filing chapter 7 in maryland

When financial burdens become overwhelming, filing Chapter 7 in Maryland can provide relief by eliminating unsecured debts. This legal process offers individuals a fresh financial start while protecting essential assets. However, bankruptcy law is complex, and missteps can lead to delays or even case dismissal. At Southern Maryland Law, we have been helping individuals throughout...

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Can You Keep Your Car When You File For Bankruptcy?

by Dave Gormley | Posted in Bankruptcy & Foreclosure | Reading Time: 5 minutes

 What Happens to Your Car in Bankruptcy? If you live in Southern Maryland it is hard to make do without a car. Because of this one of the things we do when you come in for a free initial bankruptcy consult in our Waldorf or Lexington Park offices is figure out what you have...

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Can Bankruptcy Help With My Gambling Debt?

by Dave Gormley | Posted in Bankruptcy & Foreclosure | Reading Time: 6 minutes

As the gambling options in Maryland have continued to grow, I have seen more and more people in Charles, St. Mary’s and Prince George’s County who need to file for bankruptcy because of their gambling debts. The problem is that the number of people dealing with gambling addiction continues to grow. With the legalization of...

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Three Ways to Stop an Eviction in Maryland in 2021

by Tucker Clagett | Posted in Bankruptcy & Foreclosure | Reading Time: 6 minutes

The Federal Eviction Moratorium was recently stricken down by the Supreme Court. Thousands of tenants in Maryland are subject to eviction. Congress has done nothing to renew it, so there is no federal lgal protection from eviction right now. If you, or someone you know, is subject to an eviction because they fell behind on...

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What Happens If I Can’t Make My Chapter 13 Plan Payment Due To The Government Shutdown?

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

If the government is shutdown it is going to cause intense financial pressure on government workers and contractors.  But especially those who are in a Chapter 13 Bankruptcy. Individuals in a Chapter 13 plan are supposed to send in regular plan payments to the bankruptcy trustee, who disburses the money to their creditors. If their...

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Government Shutdown Crisis Budgeting

by Dave Gormley | Posted in Bankruptcy & Foreclosure | Reading Time: 5 minutes

Budgeting crisis.

Here we go again. The government shut down is scheduled to start December 21st. Federal employees may soon be unsure about when they will get a paycheck. This one could last a long time.  What is the best way to budget for a short term crisis like the government shutdown? As a bankruptcy attorney in...

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How Is a Chapter 13 Bankruptcy Payment Plan Calculated?

by Dave Gormley | Posted in Bankruptcy & Foreclosure | Reading Time: 5 minutes

Bankruptcy can be an intimidating time for individuals and families. Many myths and cautionary tales abound about what to expect during bankruptcy proceedings. While Chapter 13 bankruptcy is undoubtedly a big undertaking, it is a way for you to gather your financial footing if you find yourself overburdened with debt.  During a Chapter 13 bankruptcy,...

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Can I Be Denied for Chapter 13 Bankruptcy?

by Dave Gormley | Posted in Bankruptcy & Foreclosure | Reading Time: 5 minutes

Chapter 13 bankruptcy can be a lifeline for individuals and families looking to restructure their debts and start anew. However, potential clients often ask us, Can you be denied for a chapter 13 bankruptcy? The answer is yes. The chapter 13 bankruptcy process isn’t straightforward, and courts will reject a chapter 13 bankruptcy filing in...

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Who Can Qualify for Chapter 7 Bankruptcy?

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

Chapter 7 bankruptcy offers a fresh start for individuals. If you’re struggling with credit cards or medical bills, Chapter 7 can erase your debts within a few months. However, because it discharges most consumer debts, not everyone will qualify for Chapter 7 bankruptcy.  The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (BAPCPA) requires...

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