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 October 1. 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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What Should You Do With Your Stimulus Check in 2021?

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

Last year in 2020, I wrote an article about what to do with your government stimulus check. We’ve gotten two more since then, and my advice has changed. Last year the right answer was to save it as an emergency fund for the coming pandemic, and to use it to pay down debt if you...

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Is Bankruptcy the Answer to my Covid19 financial problems?

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

Recently, some clients have mentioned during their consults that they heard this is the “perfect” time to file for bankruptcy. While I certainly think bankruptcy is a good answer for many people, bankruptcy is not the answer for everyone. Is it a good answer for you? Like so many things in life the answer to...

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Will I Ever Be Able To Buy A House After Bankruptcy?

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

When someone here in Southern Maryland comes to me to file for bankruptcy they sometimes ask if they will ever be able to get a mortgage to buy a house. Many people just assume they never will be able to qualify for a mortgage in Maryland after filing a bankruptcy. That just isn’t true. I...

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Bankruptcy & Your Credit – How to Rebuild It

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

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: 5 minutes

The main reason to get a free bankruptcy consultation is to figure out your options. Once you know your options you can make informed, intelligent decisions. 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,...

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Medical Care after a Car Accident – How do I pay for it?

by Tucker Clagett | Posted in Personal Injury | Reading Time: 5 minutes

Your primary concern after suffering any sort of personal injury should be getting quality medical care and getting well. Believe it or not, this can actually be fairly difficult. Why? Because our health insurance system, and the laws governing it, are a hot mess! The doctors are getting jerked around by the insurance companies. The...

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Final Words to Your Family

by Tucker Clagett | Posted in Wills & Estates | Reading Time: 3 minutes

This is the suggested format of a letter we suggest you write in our Free Legal Consumer Guide to making a will. This letter is not legally binding, but it goes with your will just to make things easier for your heirs after your death. Please read our entire Free Legal Consumer Guide to why...

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Divorced Couples Should Work Together – At Least At Tax Time!

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

Each tax filing season can bring up thorny issues that will affect couples long after they’ve separated. Unless ex-spouses can set aside their differences, one or both partners will often end up overpaying. For example, one tax preparer in a Wall Street Journal story told of a tax return he did where the wife was...

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