Debtors

In theory, annual child support payments in the United States are supposed to total more than $33 billion. However, in reality, fewer than half of custodial parents receive full child support payments based upon a court order or informal agreement. The consequences...

One reason people are sometimes slow to file for Chapter 7 bankruptcy is that they know it means they have to liquidate their assets. They believe this means they’ll lose everything they own, which sounds worse than having debt they can’t afford to pay off.  But is...

To be certain, bankruptcy can happen to anyone. They can be any age, any gender and from any economic background. After all, bankruptcy normally comes from medical debt in the United States, and anyone can experience an unexpected injury that puts them in the...

For anyone facing serious debt problems, there are many complex considerations. Should you file bankruptcy at all? If you do file for bankruptcy, should you file a chapter 7, a chapter 13 or other type of bankruptcy? What will happen after you file? These are just a...

Facing the possibility of having your wages garnished can be a frightening experience. Creditors generally do not use wage garnishment as a first attempt to recover owed debts, though. Instead, this approach usually only comes when someone in Maryland is significantly...

For a lot of people in Maryland, finding a secure, stable job usually means getting a college degree first. Attending college is not cheap, though, and student loan repayments often outpace people’s initial earnings. This often results in stressful financial...

Maryland consumers might find themselves living with too much debt for all kinds of reasons. For some, debt can come from a single, unexpected event. For others, it is more of a slow accumulation that leads to debt. Regardless of how one finds him or herself in a...

You do not want to struggle with your finances for the rest of your life, but maybe you are not sure whether taking action will really improve your situation. However, life after bankruptcy is not only possible, it is wholly realistic. Here are the steps you can to...

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...