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Changes to Maryland’s Chapter 13 Local Rules and Form Plan »

On October 19, 2007, the Bankruptcy Court announced changes to Local Rules applying to Chapter 13 cases and to the form Chapter 13 Plan. These changes take effect on November 1, 2007, and are fairly significant. (The new/changed language is in italics):

Medical Bankruptcy »

I am often told by potential clients that they want to file a “medical bankruptcy.” Is there such a special type of bankruptcy designed to deal only with medical debts? No. But a recent blog I posted to the Bankruptcy Law Network discusses how someone with crushing medical bills can file for bankruptcy relief while, […]

The Sabbatical Year and the Forgiveness of Debts »

Tonight, September 12, 2007, marks the beginning of the Jewish new year of 5768. Unless you’re Jewish, this probably doesn’t mean a lot to you. But it is an important year, for 5768 is is a Shemitah (literally, “release,” but commonly known as the Sabbatical) year. Part of the observance of the Sabbatical year includes […]

Can I Be Fired if I File for Bankruptcy? »

One question I am often asked is whether someone can be fired if they file for bankruptcy. The short answer is, “No.” The Bankruptcy Code contains specific protections for people who file. Section 525(b)() says, “No private employer may terminate the employment of, or discriminate with respect to employment against, an individual who is or […]

Will I Lose My Student Loans if I File for Bankruptcy? »

One question I’m often asked is whether someone loses the ability to get student loans if they file for bankruptcy. The short answer is, “No.” Section 525(c)(1) of the Bankruptcy Code specifically states that a student loan, grant, guarantee or insurance cannot be denied to someone because they filed for bankruptcy. I’ve had many clients […]

Can I File Bankruptcy Just on Medical Bills? »

I often get a call from a potential client asking whether they can file for bankruptcy just on their medical bills, and not include their credit cards or other debts. The short answer is that they can file, but not just on their medical bills. The slight longer answer explains why. Continue reading about filing […]