Learn More About Collections Law in Potomac, Maryland

Potomac is a census-designated place (CDP) in Montgomery County, Maryland, United States, named for the nearby Potomac River. The population was 44,822 at the 2000 census. The Potomac area is known for its very affluent and highly-educated residents. CNNMoney. com placed Potomac seventh on its list of top-earning American towns for 2008, one place ahead of neighboring McLean, Virginia. Potomac is also the seventh top-educated American small town according to Forbes. Many Potomac residents work in Washington, D.C..

What is collections law?

Lawyers who practice collections law assist creditors in the collection and satisfaction of outstanding debt, including car loans, student loans, credit cards, judgments, medical debts, mortgage debt, enforcement of rights under liens, and recovery of court-ordered judgments. Debt collections attorneys may also assist clients in repossessing the real and personal property of insolvent debtors.

Personal Bankruptcy and Business Bankruptcy attorneys can advise on debt relief options and guide individuals through each phase of a federal bankruptcy filing.

Answers to collections law issues in Maryland

What are the different options for bankruptcy?

There are six basic types of bankruptcy cases provided for under the Bankruptcy Code, each of which is discussed...

How can I protect myself from debt collectors?

Laws prohibit debt collectors from using abusive or deceptive tactics to collect a debt. Unfortunately, many...

When can a creditor garnish my wages, place a lien on my house, seize my bank account, or take my tax refund?

For the most part, a creditor must sue you, obtain a court judgment, and then solicit the help of a sheriff or other...

How soon after I miss a house payment will the bank begin foreclosure proceedings?

This varies from state to state and lender to lender, but most lenders don't start foreclosure proceedings until you...