Alexandria Bankruptcy Trustee’s Office Relocates
Every bankruptcy Meeting of Creditors in Alexandria, Virginia is held in the Alexandria Bankruptcy Trustee’s Office. As of today, the United States Trustee’s Office for the Eastern District of Virginia has relocated to a new location. Here is the U.S. Trustee’s Office new address for every Chapter 7 and Chapter 13 bankruptcy meeting of creditors: […]
What is Foreclosure Loss Mitigation?
Foreclosure loss mitigation is the process that mortgage lenders use to work with homebuyers who are behind on their mortgages. You may be able to modify your mortgage, obtain approval of a short sale, or otherwise more efficiently surrender the property to your lender. Loss mitigation in Virginia and Maryland is very different from loss […]
DC Region Leads Nation in Complaints About Debt Collection
The Washington, D.C. region again outpaces the nation in complaints about debt collection in 2018, according to the latest Complaint Snapshot report from the Consumer Financial Protection Bureau, or CFPB. Washington, D.C. ranks first in the nation in debt collection complaints per capita, while Maryland ranks third and Virginia ranks eighth. The D.C. area has […]
Select the Best Bankruptcy Lawyer for You
Select the best bankruptcy lawyer for you. Make a personal connection, communicate, and ask questions. If you have a problem and want to tell someone about it, then you will probably want to tell a friend. Friends listen, and although they may not always understand, they always try. That’s why they’re you’re friends. We all […]
What Is Preforeclosure?
Preforeclosure (or pre-foreclosure) is the period between default on a mortgage and the formal, legal foreclosure process. Mortgage companies typically distinguish these stages by the length of delinquency. The formal foreclosure process in Virginia and Maryland commences between three and six months of default. Foreclosures in Washington, DC typically begin between four and 10 months […]
The Power and Complexity of the New Chapter 13 Bankruptcy Plans
New Chapter 13 bankruptcy Plans took effect nationwide on December 1, 2017. Trustees, creditors and debtors alike are grappling with the new Plans, which are the result of extensive revision by nationally-recognized leaders in bankruptcy practice. What is a Chapter 13 Plan? When you file a Chapter 13 bankruptcy, you are doing so for one […]
Business Disputes: When It’s Time to Sue
Most business disputes are the result of a breach of contract. Since contracts are written documents, the language of the contract, as well as the actions of the parties, will determine whether the dispute will result in litigation. Be reasonable and attempt to settle first, but also know when it’s time to sue. Corporations are […]
Student Loan Debt in DC, Virginia, and Maryland
In October 2017 the Consumer Financial Protection Bureau (CFPB) published a 50 State Snapshot of Student Debt. Since its formation, the CFPB has handled tens of thousands of complaints related to student loan lenders, servicers, and debt collectors. Student loan debt in DC, Virginia, and Maryland is truly enormous. Total outstanding student loan debt in DC is $6.76 […]
New Chapter 7 Means Test Numbers Take Effect
New Chapter 7 means test numbers take effect November 1, 2017. The means test numbers purport to state the median income per family size based on jurisdiction. To file a Chapter 7 bankruptcy, you must qualify under the Chapter 7 bankruptcy means test. In most cases, your income must be less than or equal to the […]