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 Tag
How COVID-19 is affecting middle-class bankruptcy cases
Bankruptcy should never be seen as a sign of failure. It is a legal way to rebuild after an emergency. If you are deeply in debt, consider taking advantage of this opportunity to protect yourself and your family, but be sure to understand the process and its implications. The bankruptcy court of Maryland warns that […]Continue readingMore Tag
What Happens After My Bankruptcy Papers Are Filed With The Court?
Bankruptcy can be a seemingly confusing process. However, there are constants that come with every bankruptcy case. At the Law Offices of Nicholas J. Del Pizzo, III P.A we have handled thousands of bankruptcy cases. With our experience in these cases, we have compiled a breakdown of what to expect after your papers are filed […]Continue readingMore Tag
COVID-19 Small Business Bankruptcy Relief
Many small businesses throughout the U.S. have sadly struggled to survive the challenges posted by the novel coronavirus. If a business is overwhelmed by debt, its owners may decide to file for bankruptcy. Businesses most often file for bankruptcy under Chapter 11 or Chapter 7 of the Bankruptcy Code. While Chapter 11 historically has proven […]Continue readingMore Tag
How much do you have to be in debt to file for Chapter 7 Bankruptcy?
Chapter 7 is known as the “liquidation bankruptcy” because it discharges most of your unsecured debt. There truly is no set minimum amount of debt you must have in order to file for Chapter 7 bankruptcy relief. However in order to determine if you should consider bankruptcy there are many steps to consider. One of […]Continue readingMore Tag
How Does Bankruptcy Affect Your Retirement Account?
You’ve been saving up for your retirement. But then, with the pandemic and the economic downturn, you might not be able to pay your bills. You may be thinking of getting some debt relief and you may even be thinking about filing for bankruptcy. How does bankruptcy affect your retirement account? But what stops you […]Continue readingMore Tag
How to work with a Baltimore Bankruptcy Lawyer?
Filing for bankruptcy can be a stressful period in your life, but it does not always have to be. Working with an experienced bankruptcy lawyer who can guide you through the entire process and take on the burden you are dealing with can help you relieve stress and get your life back on track. At […]Continue readingMore Tag
Protecting Your Financial Future Through Bankruptcy
When dealing with the struggles of financial burden you may start to consider if you will even have a positive financial future. There is a delicate balance between keeping financial obligations from turning into potential concerns, and with high interest rats on most credit accounts, balances can build in a hurry. In some cases, part […]Continue readingMore Tag
How Coronavirus is Impacting a Bankruptcy Case
Due to the outbreak of the coronavirus many people are wondering what the impact of it may have on their bankruptcy case. This is a very good question as many the courts have had to adjust their rules in light of the global pandemic. At the Law Offices of Nicholas J Del Pizzo, a Baltimore […]Continue readingMore Tag
Bankruptcy for Married Couples
When there are consistently more months with expenses then earned income and your financial situation continues to deteriorate due to a job loss, medical bills, or consumer debt, it may be time to consider your legal alternatives. Among these options available is bankruptcy for married couples. If you are married and filing for bankruptcy there […]Continue readingMore Tag