Cecil County Bankruptcy Law Firm
Stop creditor calls and get a fresh financial start
For years, bankruptcy has had a negative social stigma attached to it. Many large financial companies have lobbied and spent tremendous marketing dollars on spreading the idea that filing for bankruptcy is a “cop out” or for lazy or irresponsible people.
The fact is, financial situations change, and often times due to this what we once budgeted for is no longer a reality.
The true reality is that bankruptcy law and filing for personal bankruptcy is a way to get out of the debt, and in many cases pay all, or just a reduced amount of the old debt, but to do so in a way that makes sense for everyone involved.
Our office and our partner offices handle bankruptcy cases throughout Maryland, Pennsylvania, and New Jersey.
Most people have been told that filing for bankruptcy will destroy your credit, when in fact most cases result in better credit score recovery in a quicker time frame,
It is best to have your individual situation evaluated by an experienced Maryland bankruptcy attorney to determine the best course of action for you.
In Maryland there are two basic types of personal bankruptcy filings:
- Chapter 7
- Chapter 13
In general, filing for either personal bankruptcy can help with some or all of the following:
- Keep your house after bankruptcy
- Keep your car after bankruptcy
- Restructure house or car payments
- Stop creditor harassment (calls and letters)
- Stop paycheck garnishment from the IRS
- Stop bank account levies
- Stop most civil lawsuits immediately
- Rebuild your credit
If you are in financial trouble due to a change in situation or any other reason and want to take a look at a responsible fresh start bankruptcy filing may be for you. Contact a bankruptcy lawyer today at 410-975-7000 to schedule a free consultation and discuss the available options to you.