Chapter 13

/Chapter 13

Maryland Bankruptcy Options

Maryland bankruptcy options vary based on several factors, including your income, whether you’re able to repay your debts, and your goals. For many people, Chapter 13 bankruptcy makes the most sense. However, Chapter 7 is also an option – but it offers different benefits than other types of debt relief offer. Chapter 13 Bankruptcy: Advantages [...]

What Documents Do You Need to File Chapter 13 Bankruptcy?

In order to file for Chapter 13 bankruptcy, you’ll need to compile a pretty significant amount of information that shows the U.S. Bankruptcy Court that you’re in need of debt relief. Your Maryland bankruptcy attorney can give you a comprehensive list of what you need, but it’s a good idea to pull together as much [...]

What is a Chapter 13 Repayment Plan?

When you file for Chapter 13 bankruptcy in Maryland, you’ll have to come up with a repayment plan so your creditors get a fair amount under the law—but what, exactly, goes into a repayment plan, and how is it structured? What is a Chapter 13 Repayment Plan? A Chapter 13 repayment plan is a detailed [...]

Chapter 13 Bankruptcy Filing: What You Need to Know

Who can file for Chapter 13 bankruptcy, and what do you have to repay? Will you be able to keep your belongings? These are just a handful of the most common questions we hear in our office about wage earner’s plans—but the good news is this: If you’re thinking about filing for Chapter 13 bankruptcy, [...]

What is the Automatic Stay in Chapter 13 Bankruptcy?

When you file for Chapter 13 bankruptcy, your creditors have to stop calling you, emailing you, and sending you notices that you owe money by mail. They’re no longer allowed to attempt to collect debts because the court issues what’s called an automatic stay. What is an Automatic Stay? An automatic stay is an order [...]

Chapter 13 Bankruptcy for Sole Proprietors in Maryland

When you’re considering bankruptcy in Maryland (or elsewhere), it pays to know as much as possible about the Chapter 13 discharge process, how bankruptcy can stop foreclosure, and the differences between other types of debt relief—and that’s especially true if you’re a business owner. The differences between Chapter 13 bankruptcy and Chapter 11 bankruptcy are [...]

What Are the Advantages to Chapter 13 Bankruptcy?

Chapter 13 bankruptcy is very different from other forms of bankruptcy, such as Chapter 7. It offers several advantages that other forms of debt relief don’t, as well. Before you choose to file for bankruptcy, it’s a good idea to talk to a Maryland bankruptcy attorney who can explain how the laws that apply to [...]

How to Stop Foreclosure With Chapter 13 Bankruptcy

If you’re facing foreclosure, Chapter 13 bankruptcy may help—and talking to a Maryland bankruptcy attorney can be a good start on the path to financial freedom. How to Stop Foreclosure With Chapter 13 Bankruptcy When you file for Chapter 13 bankruptcy (also known as a wage earner’s plan), you don’t have to lose any of [...]

What is a Wage Earner’s Plan?

If you’re struggling financially and you’re not sure where to turn, you may benefit from talking to a Maryland bankruptcy lawyer who can help you get back on track. What is a Wage Earner’s Plan? A wage earner’s plan (a common name for Chapter 13 bankruptcy) is a form of debt relief for people who [...]

What is a Chapter 13 Confirmation Hearing?

Whether you’re searching for a Chapter 13 bankruptcy attorney in Rockville, Maryland, or you simply need some general information about a Chapter 13 confirmation hearing, we can help. When you file for Chapter 13 bankruptcy, you begin a process that typically takes between three and five years to complete—and it involves you proposing a plan [...]