When you’re suffering from financial hardship and can no longer handle your debts, you might be considering filing for bankruptcy. This can offer you some relief from the stress you’re experiencing and allow you to get back on your feet. However, this isn’t a decision that you should make lightly—bankruptcy should be carefully considered, and you should understand all aspects of it before filing.

The bankruptcy process can be confusing, especially if this is your first time filing. Having a bankruptcy lawyer on your side can make the entire process much easier. They can help you determine what’s right for you and answer any questions you have throughout filing.

Let’s take a look at what you need to know before you file for bankruptcy so that you can be fully informed.

Filing for bankruptcy once is enough of a hardship for you and your family. No matter how hard you tried, though, you weren’t able to get back onto your feet and keep your finances in check. When that happens, you might think that you need to file for bankruptcy again.

You might be able to reevaluate and determine that you’re okay and don’t need to file again. But if you don’t have any other options to help you out financially, you could need to file for bankruptcy a second time. There are limits to filing that you’ll need to know before you try to file again, which is why we’re here to help.

When you hit a hard spot financially, you might be interested in filing for bankruptcy. This is a decision that takes a lot of consideration, as it stays on your record for years and can affect whether or not you get loans or other financial decisions you could make in the future. One of the biggest concerns that many people have when they want to file for bankruptcy is that they lose all of their major possessions.

However, that’s not true. There are exemptions in place to ensure that debtors maintain control of some things in their lives. The property that is protected from bankruptcy is what’s necessary for living, which also ensures that debtors will still be able to live their lives during and after filing.

Some states follow only federal regulations, but in Maryland there are both state and federal exemptions when it comes to bankruptcy.

The COVID-19 pandemic has been hard on many of us. Due to shutdowns, many people were out of work and even lost their jobs with no way to find a new one or know if they will get their job back when everything opens back up. This uncertainty about where you’ll get the money to pay your bills is stressful and can lead to you exploring your options. While the stimulus checks provided some relief, for most people, they didn’t provide enough.

Because of that, one of the options you might be considering to get back on your feet is filing for bankruptcy. Even though this leaves a mark on your financial record, you could think it’s the only option you have to get your finances back in order after losing your income.

Let’s take a look at filing for bankruptcy, and how it might be a viable option after losing your income because of the COVID-19 pandemic.

The new year is rapidly approaching. With 2021 right around the corner, new laws and law changes will be put into effect. It’s important to know what Maryland law changes are happening and when so you’ll be up to date with state laws and will know if they will affect you. This way, you’ll be prepared for the upcoming law changes.

One law change focuses on schools and the need to have outbreak response plans to follow should an infectious disease break out. Other law changes have to do with vehicle laws. There’s also an amendment to an employer’s timeframe for when they have to notify their employees of certain changes. Let’s take a look at these laws.

Belsky, Weinberg & Horowitz, LLC is proud to host an annual scholarship aimed to help students obtain a higher education. The Fall 2020 submission period just came to a close, and we were humbled by the applications we received. Thank you to every student who applied!

We’re pleased to announce we’ve chosen a winner.

Congratulations to Julia Veeser of Michigan!

Julia is studying law at Chicago-Kent College of Law.

This was the essay topic:

If you could ask a person one question–alive or dead–and receive a 100% honest answer, what would that question be and why?

Filing for bankruptcy is a process that can help a person discard debt or make a plan to repay debt. If you’re in a position where you think bankruptcy is the right option for you, you’ll need to have a comprehensive understanding of the process. A lawyer from Belsky, Weinberg & Horowitz, LLC can help.

You may be wondering about the time limits associated with filing for bankruptcy. While there are no limits associated with when you are first allowed to file, there are restrictions in the event you need to file more than once. In order to understand those time limits, let’s start by taking a look at the bankruptcy code.

When you’re prescribed or administered medication, you expect it to be the correct dosage or administered the proper way. If a medication mistake occurs, the side effects could be minimal or could be more severe. On one end, you could have prolonged treatment because you didn’t receive enough medication. On the other end, you could overdose or have an allergic reaction and die from the medication.

After a car accident leaves you with injuries and damages that weren’t your fault, you could choose to file a claim against the person or party responsible for your damages. Hiring a car accident lawyer to represent you by fully investigating what happened and building a strong case would benefit you and ensure that you don’t have to take on the legal process alone. If your crash happened in Baltimore, then Belsky, Weinberg & Horowitz, LLC would be able to take your case and help you get the compensation that you deserve.

When you’ve been injured because of the negligence of another party, you may decide to take legal action to hold them accountable for your injuries and losses. To give your case the best chance of success, you may seek out a personal injury attorney. But what if your legal representation doesn’t fight for you the way most would? If your attorney makes errors, forgets to prepare your case, mishandles funds, or exhibits other signs of negligence, then you may have gotten an unfavorable result and don’t know what to do.