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September 2015 Archives

Know your options when facing foreclosure in Washington, D.C.

The threat of losing a home is very real for many people living in and around Washington, D.C. If you have concerns about making your mortgage payments, you should know the options at your disposal. At Ammerman & Goldberg “Bankruptcy” Law Office, we take the time to outline possible courses of action for homeowners with financial distress.

The relationship between medical bills and personal bankruptcy

The U.S. Bankruptcy Court for the District of Columbia reports that in August of this year, there were 58 filings for bankruptcy. In total this year, there have been 457 total filings for Chapter 7, Chapter 11 and Chapter 13 bankruptcies. That number is down from the year-to-date total compared to last year.

What are the pros and cons of Chapter 7 bankruptcy?

Like others in Washington, DC who are struggling with overwhelming debt, you may have considered filing for Chapter 7 bankruptcy. This option is not always right for every person and situation, however. Understanding the pros and cons of declaring bankruptcy under this chapter may help you determine if it is the right option for you.

The prevalent problem of the zombie title

Homeowners in Washington, D.C., who fall on hard times may find themselves receiving a notice of foreclosure. Upon receipt of such notice, they pack everything, move out, and believe that the house will be sold at auction. However, in some cases, banks fail to follow through on the foreclosure and the homeowners become the victim of the zombie title.

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Office Locations

1115 Massachusetts Ave NW,
Washington, DC 20005
Phone: 202-559-1428

10512 Pohick Court,
Fairfax Station, VA 22039
Phone: 703-550-7030

6926 Seven Locks Road,
Cabin John, MD 20818
Phone: 301-890-4500

Toll-Free: 877-441-4076
Fax: 202-638-5858

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