Articles Posted in Bankruptcy

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…

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…

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,…

Do you remember the moment when you ripped open your first paycheck and saw the harsh reality that it’s just not enough money? Learning the difference between gross and net pay, setting up a budget to cover bills, finding ways to curb expenses. All of these are jarring lessons in “adulting.” Just as important is…

As a bankruptcy lawyer, I get debt collector calls multiple times a day. When I file a bankruptcy for a client, my number becomes associated with all of that client’s collection accounts. So I get lots of calls verifying representation and validating debts and checking account numbers. Many times, creditors simply want to know our…

If you have a foreclosure auction scheduled, then you must act fast. Here are the top seven ways to stop a foreclosure sale fast. Call us to stop a foreclosure sale We are thoroughly familiar with all of the options available to homeowners facing foreclosure. We can help you think through solutions and work out…

In 2019, for the first time ever, the number of personal income tax filers in Washington DC who reported earning $100,001 or more topped any other income group. As reported by the Washington Business Journal, the District of Columbia had 354,901 total filers in 2019. And 87,759 of them reported earning at least six figures.…

According to a new study, getting out of debt reduces anxiety and improves cognitive function. You can improve your decision-making ability by getting rid of your debt. The psychological costs of servicing debt Chronic indebtedness afflicts rich and poor nations alike. One in four families in the lowest income quintile in the United States spend…