Tag Archives: washington dc bankruptcy lawyer

Can Bankruptcy Affect My Contract with the Government?

Answers from a Maryland Bankruptcy Lawyer The effects of the federal government shutdown continue to be felt both in the Beltway and across the country. Although federal employees faced the most direct difficulties from the lapse in fund appropriations, thousands of government contractors undoubtedly suffered losses as well. In these dire economic times, an increasing number of individuals are turning to bankruptcy as a way of reworking their finances and getting relief from crushing debt. However, some individuals may hesitate to pursue bankruptcy relief out of a concern that they will lose their government contracts. Can the Government Deny My Contract Because I Filed Bankruptcy? The bankruptcy code states that “a governmental unit may not deny, revoke, suspend or refuse to renew a [contract]…to a person that is or has been a…bankrupt or debtor under the Bankruptcy Act.” The law makes it clear that a past or ongoing bankruptcy cannot…
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Bankruptcy as a Federal Employee

Our Maryland Bankruptcy Attorney Explains Even after the reopening of the government, countless federal employees may still be feeling its financial effects. Between the shutdown and sequester, some individuals found themselves without a source of income for close to two months. Understandably, these circumstances have resulted in many families considering consumer bankruptcy as an effective debt relief method for their financial troubles. Our Washington DC bankruptcy attorney is experienced in helping people and their families find relief from the burden of overwhelming debt. If you are financially struggling in the wake of the federal government shutdown, contact our office today to explore your options. Is Bankruptcy Right for Me? It is natural to have some anxiety about seeking a solution to your debt through bankruptcy. Many federal workers do not consider bankruptcy out of a fear that it will affect their ability to stay employed with the government. However, it…
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Handling Creditor Harassment While in Bankruptcy: Tips from a Maryland and Washington DC Bankruptcy Lawyer

When you file for bankruptcy, an automatic stay goes into effect that bars most creditors from taking collection actions against you while your bankruptcy case is pending. It is important to note that if you have had one or more bankruptcy cases pending and dismissed within the past year, the stay may be limited to 30 days or not take effect at all. In those situations, a qualified Washington DC and Maryland bankruptcy attorney can assist you with filing a motion to impose or extend the stay. Automatic Stay Protection The automatic stay prohibits most creditors from engaging in collection activities while your bankruptcy case is pending, including: Starting or continuing foreclosure proceedings Repossessing or seizing property Garnishing wages or bank accounts Filing or continuing lawsuits Enforcing a judgment Perfecting a lien Attempting to collect a debt through any means, including phone calls, emails and collection letters The automatic stay…
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