Alimony is not tax deductible anymore and that may complicate things

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

Maryland divorce cases got harder to resolve after the 2017 tax law.  Alimony is now treated completely differently for tax purposes. While the law was passed in 2017 the changes take effect for tax year 2019. Alimony is a complicated subject in a Maryland divorce. Click here to read our post answering all of your...

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Large Tax Bills Are A Sign You May Need To File Bankruptcy

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

Most people we meet with for a bankruptcy consultation have done anything and everything they possibly could to avoid filing for bankruptcy.(that bankruptcy consult is free, by the way) Often, “anything and everything” includes increasing their tax allowances and exemptions at work so payroll will start withholding less money from their paycheck. If not done...

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No New Year’s Resolutions

by Dave Gormley | Posted in Civil Law & Consumer | Reading Time: 4 minutes

Should you make a budget and track all of your spending to make sure you follow it? Sure, but is making a New Years resolution really going to make you do it? Probably just the opposite. Almost all New Year’s resolutions fail in the first few months of the year.  My New Years resolution each...

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Can You Keep Your House When You File For Bankruptcy?

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

Foreclosure mediation in Maryland.

For the person who owns a house, the first question they may ask when they come in for a bankruptcy consult is “Can I keep my house?”  The real question is “What do you have to do to keep your house when filing for bankruptcy?” You can keep your house when you file for bankruptcy...

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