Buying A Car While In A Chapter 13 Bankruptcy

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

wallet coins & key

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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Government Programs to Stop Foreclosure & Avoid Bankruptcy

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

house on blue

There is a lot of help available for those Maryland homeowners who face foreclosure. There are a lot of federal laws too. To be honest, many of these government programs are not as helpful as they were meant to be. Some only consider people in a very narrow set of circumstances. Some are narrow in…

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Short Sales in Maryland

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

A short sale (also called a pre-foreclosure sale) is one of your options to prevent a foreclosure on your home. To see a complete list of your options, click here and read our Free Legal Consumer Guide about Foreclosures.  And you need to explore your options with an attorney before deciding if a short sale…

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Bankruptcy & Your Credit – How to Rebuild It

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

money with arrow

Filing for bankruptcy will probably not affect your credit as much as you think. If you are in a situation where bankruptcy is an option, your credit is probably bad already. So a bankruptcy may not do nearly as much damage as you may think. All credit reports will show your bankruptcy for a period…

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It is Better to File Bankruptcy Sooner than Later

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

calendar with date

The main reason to get a bankruptcy consultation is to find out your options and figure out the best one. What about waiting? Is that an option? Why take action now? What many people do not know is that IF you are going to have to file for bankruptcy, it is much, much better to…

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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…

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VA Loans & Bankruptcy

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

Think you will never be able to get a mortgage again if you file for bankruptcy?  In this video Dave Gormley discusses with Seanna Smallwood of Southern Trust Mortgage how a person with VA eligibility can get a mortgage while their Chapter 13 Bankruptcy is pending. Want to know more? Discover what you need to know about…

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What To Bring To Your Bankruptcy Consult

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

Want to know more? Discover what you need to know about bankruptcy in Maryland. Click here to see our Free Legal Consumer Guide to Maryland bankruptcy cases and get answers to your questions today.Or see the United States Courts Bankruptcy Basics page. Know your options. Be informed. Protect yourself. Need a bankruptcy lawyer? Please contact us for a consultation…

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The US Trustee’s Information Sheet

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

Hereis 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 he…

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The Salisbury Trustee Meeting Room

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

The Trustee meetings for most of the Eastern Shore take place in the Federal Building in Salisbury, Maryland.  This building houses the Post Office, Federal Court House and other federal agencies.  When you enter the building turn to your right and walk past the metal detector into the court room.  Yes, the meetings will be…

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