Can Eviction Happen in Cold Weather?
Landlords in Virginia can legally evict you during a blizzard, but in Maryland and DC, whether you can be evicted depends upon just how cold it is. Cold weather evictions in Washington, DC In the District of Columbia, the U.S. Marshals Service executes writs of restitution issued by DC Superior Court judges. D.C. Code § 42–3505.01 […]
How Student Loan Debt Prevents Homeownership
Perhaps it’s no surprise, but student loan debt prevents homeownership. In just the third quarter of 2018, total outstanding student loan debt increased by a whopping $37 billion. The amount of student loan debt in the United States now stands at an eye-popping $1.56 trillion. Out of necessity, student borrowers must delay homeownership while attempting to […]
Think Twice Before You Co-Sign for a Loan
A family member or a close friend is usually a person with whom we have a special connection. We highly regard these relationships which allows us to willingly assist them when there is a need, especially when we are able. How does this translate when asked to co-sign for a loan? It may not be […]
Why Chapter 13 Bankruptcy Cases Get Dismissed So Often
Chapter 13 bankruptcy cases get dismissed for lots of different reasons. Most dismissals, however, can be avoided. Chapter 13 is complicated Obtaining trustee and creditor consensus on a court-approved repayment plan takes hard work, finesse, and expertise. Chapter 13 allows a debtor to propose several plans in an attempt to reorganize. But unnecessary delay will […]
The Case for Universal Basic Income
Could universal basic income bring an end to poverty in America? A lot of big thinkers think so. What is Universal Basic Income? Universal Basic Income (or “UBI”) is the idea of providing a guaranteed income (like $500 a month) to every American worker. The idea behind UBI is to provide income sufficient to meet […]
What is a Notice of Intent to Accelerate?
Almost every mortgage contains the requirement that your lender send a Notice of Intent to Accelerate before it can initiate foreclosure proceedings. What is a Notice of Intent to Accelerate? Sometimes called a Default Letter, the Notice of Intent to Accelerate usually states that a mortgage loan is in default. The letter will also state […]
Tips for Litigating a Warrant in Debt in Virginia
Traps abound in any lawsuit, especially if you’re the defendant. A single misstep can prove very costly. Here are some tips for litigating a warrant in debt in Virginia. Call the lawyer Deal directly with the attorney who filed the case. Do not attempt to contact the named plaintiff or original creditor. Once a warrant […]
Chapter 7 Means Test Numbers in Washington D.C. Area Increase
Effective November 1, 2018 new Chapter 7 means test numbers take effect. Year-over-year means test numbers for household incomes in the D.C. area increased between 3 percent and 21 percent across the board. When the means test numbers increase, more people qualify for Chapter 7 bankruptcy. What is the Chapter 7 means test? Chapter 7 […]
Setting Realistic Foreclosure Defense Objectives
If you are facing foreclosure, you must take a pragmatic, level-headed approach to your foreclosure defense objectives. Often time is of the essence, and it will do you no good to explore unrealistic avenues of resolution. One important service that a good foreclosure defense attorney will provide to you is helping you to set realistic […]