What Should You Do With Your Government Stimulus Check?

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

As a bankruptcy lawyer in Southern Maryland, I know people will be asking me what to do with their government stimulus check. To make sure I was ready to answer this question, I figured I would look at what advice financial experts are giving. The advice I read seemed to be the same advice that…

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My COVID 19 Financial Problems: Is Bankruptcy the Answer?

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

Like so many things in life the answer to this question is “that it depends.” The right advice for one person can be the wrong answer for someone else. A person laid off from a restaurant is in a different situation than a person who is working for the federal government. Recently, some clients have…

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Families First Coronavirus Response Act

by Tucker Clagett | Posted in Civil Law & Consumer | Reading Time: 3 minutes

Two new federal laws take effect April 1, 2020. Both were created in response to the Covid-19 threat on March 18, 2020. Both provide significant new protections for employees. And, predictably, both are confusing and unclear! Our firm does not handle employment law cases, but since these laws are of great interest to many of…

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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: 3 minutes

man holding onto money by a thread

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, those…

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Budgeting for Coronavirus

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

earth dollar

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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