Author: marylandbankruptcy

Which Bankruptcy Court will be assigned?

(1) Cases originating in Allegany, Calvert, Charles, Frederick, Garrett, Montgomery, Prince George’s, St. Mary’s, and Washington Counties are assigned to the Greenbelt Divisional Office, 300 U.S. Courthouse, 6500 Cherrywood Lane, Greenbelt, Maryland, 20770, (301) 344-8018. (2) Cases originating in Baltimore City, Anne Arundel, Baltimore, Caroline, Carroll, Cecil, Dorchester, Harford, Howard, Kent, Queen Anne’s, Somerset, Talbot, […]

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Maryland Exemptions

Maryland homestead amount is keyed to the inflation adjusted amount of the federal exemptions. Those inflation adjusted amounts can be found here. http://bit.ly/federal-exemptions-2010 Can you double exemptions for joint filers? (General principles) If you are married and filing together, you and your spouse must use the same law; one cannot use federal law while the […]

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Should I Reaffirm my mortgage?

What is debt reaffirmation? In almost all cases where the debtor has a car loan or a mortgage, the creditor asks that the debt be reaffirmed. Except in rare instances, we strongly recommend against reaffirming any debt. Reaffirming a debt is promising all over again to pay the debt even though it is discharged in […]

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Taxes in Chapter 13

Filing timely tax returns is key if you wish to discharge tax debt in bankruptcy. It is possible to discharge income tax debt in bankruptcy, however, not all taxes are eligible and timing plays a very important role. If you’re anticipating tax troubles on the horizon, it is always best to go ahead and file […]

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