Divorce Can Make Refinancing Your House Difficult

by Nasheia Conway | Posted in Family Law | Reading Time: 3 minutes

I saw a recent news article about a stay at home mom trying to refinance her house. She was running into major problems. She thought she should be able to just refinance the house into her name only, but the bank wasn’t willing to do it. She was surprised this was a problem. It made...

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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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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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The Mortgage Debt Forgiveness Act Is Back! And Gone?

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

At the end of 2019 the Mortgage Debt Forgiveness Act was reinstated.  Unfortunately, this has not received any media attention.  From the bankruptcy cases we handle we know there were a lot of short sales and foreclosures in Southern Maryland the last two years.  Therefore, we know it is important to get the word out....

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Should I Request Maryland Foreclosure Mediation?

by Dave Gormley | Posted in Bankruptcy & Foreclosure | Reading Time: 9 minutes

Foreclosure mediation in Maryland.

Requesting Foreclosure Mediation in Maryland When someone comes into our Waldorf or Lexington Park offices for a foreclosure consult, they often have a packet from their mortgage company that includes the Maryland Foreclosure Mediation Op-In Form.  Many people ask if going to mediation is worth the $50 fee. The answer is it may be worth...

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