How Much Debt Do You Need To File For Bankruptcy?

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

When people come into our Waldorf or Lexington Park office for a free bankruptcy consultation, there are certain questions they will ask.  One of these is “How much debt do you need to have to file for bankruptcy?” The truth is that there is no minimum amount of debt that you are required to have...

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The Coronavirus Shutdown: What Happens if I Can’t Make My Chapter 13 Plan Payments

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

  In a chapter 13 plan you are supposed to send in regular plan payments to the bankruptcy trustee.  The Trustee disburses the money to the creditors. Usually this payment comes right out of our paycheck after the plan is confirmed. If you don’t get a paycheck because you were laid off because of COVID19,...

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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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Budgeting for Coronavirus

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

Even if you have been keeping up with your bills, now is the time to do some emergency budgeting.  Nobody knows how bad this will get. (Things have been changing fast. This post was published on March 14th.  Not even a week later bars and malls were closed.  Now the problem is even bigger.  Unemployment...

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Video Legal Consultations and Meetings

by Dave Gormley | Posted in What's New With Us | Reading Time: 2 minutes

Virtual Consults Now in Waldorf & Southern Maryland With everyone in Waldorf and Southern Maryland having busy schedules, and many having long commutes, getting to your lawyer’s office can be a challenge. Because of this we have always been willing to do appointments and consultations by phone.  Now with the with the corona virus going...

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After A Divorce, Who Gets To Claim The Kids On Their Taxes?

by Nasheia Smith | Posted in Family Law | Reading Time: 2 minutes

Child Support Lawyers Maryland

Normally, the legal issue of who can claim the children will be something your lawyer will deal with during the divorce. If you have children of the marriage, your separation agreement or divorce decree will usually address the issue of who gets the kids at tax time. This is something that can be negotiated. You should...

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VA Loans & Bankruptcy

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

Foreclosure mediation in Maryland.

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 Are The Different Types Of Bankruptcy?

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

Sometimes when people come into our Waldorf or Lexington Park office they know exactly what type of bankruptcy they want to file. Other times a person just comes in to find out what options they may have. During your initial consultation we may even find that deciding what is the best bankruptcy option is a...

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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 bankruptcy law you find...

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