Payment Options When You Owe Money to the IRS
loan, etc.), tax season can add even more stress to your financial situation. What happens if you are unable to pay your federal income taxes? Are there payment options when you owe money to the IRS (U.S. Internal Revenue Service)?
Full StoryConfessed Judgments in Maryland: The 11th Circuit Ruling and its Effect in Maryland
Confessed judgments are only permitted in 8 states: Maryland, Michigan, Illinois, New Jersey, Minnesota, Ohio, Pennsylvania, Virginia, and Texas. These clauses, found in almost all commercial loans and leases in Maryland, allow a creditor to immediately proceed to judgment without the benefit of a merit trial and can be severely harmful to unwitting borrowers.
Full StoryWho Can Garnish Wages?
What you, specifically, want to know is who can garnish wages? Can a debt collector garnish wages? What about unemployment or the IRS? We will explore these questions and more throughout this article.
Full StoryHow to Stop Wage Garnishment in Maryland
If you find yourself falling behind on payments, creditors can come after your paychecks. It should come as no surprise that one of the questions we hear most often is “How do I stop wage garnishment in Maryland?” How does wage garnishment work? Who can garnish wages? How much can they take out of my paycheck? How long does wage garnishment last?
Full StoryCan You Get Divorced While in Chapter 13?
What happens if you file for Chapter 13 jointly, but then decide to get divorced? Can you get divorced in Chapter 13? The short answer is YES…but it’s complicated. So, let’s dive right in.
Full StoryCan One Spouse File Chapter 7 and the Other Chapter 13?
Let’s be honest. When it comes to bankruptcy, there may be a lot you just don’t know. Bankruptcy is complicated. And it gets even more complicated when you’re married and have separate debt from your spouse. So, it’s natural to have a lot of questions. That’s where we come in. We recently answered the question “Can one spouse file for Chapter 13 and not the other?” but this is just one option married couples have when considering bankruptcy. Another common question we’re asked is, “Can one spouse file Chapter 7 and the other Chapter 13?” We will address this question and more throughout this article.
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