Baltimore Bankruptcy Attorney: How Bankruptcy Could Help You When Facing Foreclosure in Maryland

Informative article on how filing for bankruptcy could be a good option when facing foreclosure. Click Here. For a free, confidential conversation to discuss your bankruptcy filing options with a local Maryland attorney, and to learn if bankruptcy is the best legal option for you and your family, contact Maryland bankruptcy attorney Stephen J. Reichert […]

Posted by reichertlegal
Posted in Bankruptcy Baltimore Maryland, Bankruptcy Law Maryland
Jan, 07, 2014
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Chapter 7 Bankruptcy: How are Estate Property and Financial Claims Handled?

–Guest Blogger: Savannah Brien, Financial Advisor Chapter 7 bankruptcy, mostly known as the liquidation, is a court monitored process that helps debtors eliminate financial obligations. In Chapter 7 bankruptcy, the nonexempt property of the debtor is auctioned by the bankruptcy court and the proceeds are distributed amongst the creditors. In this way, debtors get to […]

Posted by reichertlegal
Posted in Bankruptcy Baltimore Maryland, Bankruptcy Law Maryland
Dec, 10, 2013
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Legal Definitions

This section is updated when new terms are used in the Law Office of Stephen J. Reichert, LLC blog. Ancillary Probate – If decedent had real property in another state (ancillary) probate is required in that state. Bankruptcy Trustee – A person appointed by a bankruptcy court to supervise the affairs of a person or […]