When financial troubles loom and the weight of debt becomes unbearable, the thought of filing for bankruptcy can offer a glimmer of hope. However, when it comes to married couples facing financial hardships, the decision to file for bankruptcy can become even more complex. One common question that arises is whether one spouse can file […]
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What Happens If You Owe Taxes While Filing for Chapter 13 Bankruptcy?
Filing for Chapter 13 bankruptcy is a significant step towards financial recovery, but what happens when you owe taxes while navigating this process? In this article, we will explore the implications of owing taxes while filing for Chapter 13 bankruptcy and provide essential insights to help you manage your tax obligations. This article is written […]
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Can You Get Divorced While Filing for Chapter 13 Bankruptcy?
Filing for Chapter 13 bankruptcy is a significant step toward financial recovery, but life doesn’t always follow a straight path. During the three to five years of your Chapter 13 payment plan, various life events, including divorce, can unfold. So, can you get divorced while filing for Chapter 13 bankruptcy, and what happens next? In […]
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How to Stop Wage Garnishment in Maryland
If you’re facing wage garnishment in Maryland, it can feel like a financial nightmare. But fear not, as there are ways to stop this process and regain control of your finances. In this article, written by Nicholas J. Del Pizzo, a bankruptcy lawyer in Baltimore, MD, we will explore what wage garnishment is, who can […]
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What Happens to Life Insurance Policies During Bankruptcy?
Bankruptcy can be an incredibly challenging and overwhelming experience for individuals or businesses struggling with overwhelming debt. At The Law Offices of Nicholas J Del Pizzo, we understand the complexities and emotional toll that bankruptcy can bring. Our expertise and personalized approach allow us to tailor our strategies to your unique circumstances, ensuring that you […]
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Should you file for bankruptcy before or after filing your tax return
Both filing for bankruptcy and filing taxes can be confusing processes on their own and when you combine them it can become even more complicated. At The Law Offices of Nicholas J. Del Pizzo, III, we understand the difficulties you may face during this process and our team of experienced professionals is here to help […]
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The Origin of the Word Bankruptcy
Bankruptcy, a term commonly associated with financial failure and insolvency, has a rich history that spans across different cultures and time periods. One fascinating chapter in the story of bankruptcy can be found in the city of Florence, Italy, where the word “bankruptcy” originated and played a significant role in the economic and social fabric […]
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Can I file for bankruptcy again?
When many of us hope to never face a financial crisis, there are some who will face more than one in their lifetime. Often times life events such as an illness, or losing one’s job can lead to bankruptcy and seeking a fresh start financially. You may find yourself asking, can I even file for […]
Continue readingMore TagWhat does a debt lawyer do?
A debt lawyer is a legal practitioner who helps people collect, pay or write- off debts. These are the three basic services debt lawyers provide: Debt lawyers help you collect debts owing to you. Small business owners and professionals often need a lawyer who can run after other businesses, customers and clients who owe them […]
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While filing for bankruptcy is not something you’d ever thought you would have to do, it’s important to remember that you are not alone. Bankruptcy filings are actually very common, with over 500,000 Americans filing for bankruptcy in 2020. There are many misconceptions about bankruptcy that can make this process seem very frightening. Let’s take […]
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