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You took out an SBA loan to save your business. Maybe it worked for a while, maybe it didn’t. Either way, you’re sitting on a debt that feels impossible to repay, and you’re wondering whether bankruptcy is a way out. So can you discharge an SBA loan in bankruptcy? Understanding how to manage an sba…

Serving Federal Employees & Contractors Throughout DC, Maryland & Virginia. Free Consultations Available Evenings & Weekends. Your Federal Job Was Supposed to Be the Safe Bet For most of your career, it was. Steady income, good benefits, a pension, and the kind of job security the private sector rarely offers. That assumption is gone. Tens…

You’ve Been Sued Over a Debt. Now What? Being served with a lawsuit over an unpaid debt is alarming, but it does not mean the situation is hopeless. Whether the suit was filed by an original creditor, a debt collection agency, or a debt buyer, you have legal rights and more options than you might…

Over 80% of new homes sold today are governed by homeowner associations, or HOAs. If you own a home in a community with an HOA, you should get to know your HOA for a number of reasons. First and foremost, working with your HOA protects your investment. After all, in some cases you’re just one…

Your cell number is your cell number, and you’re not changing it. You’d lose contact with too many people you care about. Unfortunately, everyone else has it, too. If you’re getting debt collection calls, you may have other things to think about in terms of your overall financial picture. But here’s how to handle a…

Titan Asset Purchasing purchases defaulted loans from QuarterSpot, Inc., whose loan agreements contain “choice of venue” clauses providing for litigation in Virginia. QuarterSpot loans also require small business owners to personally guarantee their loans. So when Titan Asset Purchasing sues a business, it also sues the business owner, personally. Choice of venue: Arlington Circuit Court Both…

You have enough to worry about. We will take your debt collection calls for you. Some debt collectors are pretty good at their jobs. The more adept debt collection companies will try to force you into making bad decisions. But you don’t have to let that happen. You have to take control of the situation.…

You don’t have to have a perfect credit score. Few do. Yet having good credit is important for getting good interest rates on credit cards, mortgages, and vehicle loans. Employers look at credit scores, too, when making hiring decisions. Even if you have a suboptimal credit history, you can boost your credit score by avoiding…

Economists now agree that the American economy has entered a recession. Since March 2009, America has witnessed history’s longest bull market in which the S&P 500 rose 330 percent. Unfortunately, the party is over. The deadly and highly contagious coronavirus has shut down our economy. Since March 2020, tens of thousands of Americans have died,…

The raging coronavirus epidemic has prompted the suspension of foreclosures in DC, Virginia and Maryland. Pursuant to the Coronavirus Aid, Relief, and Economic Security Act (the CARES Act), servicers of federally-backed mortgage loans may not initiate or execute any judicial or nonjudicial foreclosure-related eviction or foreclosure sale. Two-thirds of residential mortgages in the United States…