Debtors

Owing money is not necessarily an indication of poor financial decisions. Indeed, most people in Maryland would not be able to purchase a vehicle home without borrowing money to do so. Reasonable amounts of debt can quickly spiral out of control, though, and people of...

Carrying around debt of any kind is not easy, but it is fairly normal. Consumers in Maryland may have all types of outstanding debts, including mortgages and credit cards. When dealing with these debts becomes too much, it may be time to consider options like...

Struggling to pay off one’s debt is difficult enough without the added concern of having something repossessed. Unfortunately, this is a major concern with which many people in Maryland are currently dealing. It may be helpful to address some of these worries by...

Student loans have burdened almost an entire generation of Maryland students with decades worth of debt. Many borrowers do not even try to file for bankruptcy, while others buy into the myth that their student loans do not qualify for any type of relief. Although it...

Getting into debt is surprisingly easy, while getting out of it can sometimes feel like an insurmountable task. Bankruptcy offers a smart, proven method for addressing impossible amounts of debt, but Maryland consumers are often hesitant to take this step. There is a...

It is no secret that going to the doctor is outside of many people’s budget. However, when faced with a serious medical problem, patients have virtually no other options. Medical costs can add up quickly as people receive necessary or even lifesaving care -- medical...

When considering bankruptcy, it is important to know that there are typically two types of consumer bankruptcy that Maryland residents can pursue. These are Chapter 7 and Chapter 13 bankruptcy. While many people might have heard these terms before, they may be...

There are few things more disheartening than realizing that your business can no longer shoulder its debt load. Like many business owners in Maryland you might think that this is the end of the road for your business, but you might be overlooking an important option...

Student loans pose a unique threat to the financial stability of borrowers. Attending college in Maryland is not cheap, so these loans are usually for tens of thousands of dollars and are difficult to repay. This is especially true during times when it is difficult to...

There was a lot of speculation going into the new year regarding whether or not the Mortgage Debt Relief Act of 2007 would be extended through 2013. The Mortgage Debt Relief Act protects distressed homeowners from having to pay taxes on the difference between the...