Maryland Bankruptcy

/Maryland Bankruptcy

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 [...]

Chapter 13 Discharge Process: What You Need to Know

When you file for Chapter 13 bankruptcy in Maryland, you’ve completed the first step in a process that gives you the fresh start you deserve. For most people, the Chapter 13 discharge process takes between 3 and 5 years to complete. Remember, though, that the court system is designed to help you you’re your creditors) [...]

Chapter 7 Bankruptcy in Maryland: Our Most Common Questions

Filing Chapter 7 bankruptcy in Maryland is the right debt relief solution for many people—but how do you know if it’s right for you? By understanding what sets Chapter 7 bankruptcy apart from other types of debt relief, you can make a decision that meets your needs and helps you get out from under a [...]

Chapter 13 Bankruptcy in Maryland: What Property Can You Keep?

When you file a Chapter 13 bankruptcy in Maryland, you’re proposing a 3-year to 5-year repayment plan to all the creditors who have a claim against you. Many people choose to use Chapter 13 as a form of debt relief, because it can: Help prevent foreclosure on your home Give you time to make up [...]

What Happens After You File Chapter 13 Bankruptcy in Maryland?

Chapter 13 bankruptcy, commonly called reorganization bankruptcy, is a process that allows you to repay your creditors over time. It’s unlike Chapter 7, which dissolves your debt but requires you to give up many of your assets in the process, because you keep most (or even all) of your assets after creating a repayment plan. [...]

Do I Qualify for Chapter 13 Bankruptcy in Maryland?

If you’re like many people, you’re in serious financial straits and you’re not quite sure where to turn. You may have asked yourself, “Do I qualify for Chapter 13 bankruptcy in Maryland?” While not everyone does qualify to file for this type of debt relief, you might; the courts determine who is eligible and who [...]

Filing Chapter 7 in Maryland: An Overview

Filing Chapter 7 in Maryland You must show that you received credit counseling approved by the U.S. Trustee in Maryland to qualify for Chapter 7 bankruptcy, and you must have completed the counseling within the 6-month period before you filed. Our state has its own set of bankruptcy exemptions, as well. These exemptions help you [...]