When the Debt Becomes Too Much…
The decision to file bankruptcy is never easy, but there are many cases when protecting your home and assets can only be achieved by making use of the nation’s federal bankruptcy laws. The team at our Bankruptcy Assistance Center is here to help you through these difficult decisions. With offices in Rockville and Hyattsville, our Bankruptcy Assistance Center is dedicated to helping individuals and businesses throughout Maryland tackle the bankruptcy filing process.
Richard Gilman and Kasey Edwards are both members of the National Association of Consumer Bankruptcy Attorneys (NACBA), and have the expertise to guide you through every step of the process. If you want to get a fresh start on your finances, and stop harassing phone calls and wage garnishments, turning to our Bankruptcy Assistance Center is the best option for you. Contact us for a free initial consultation.
What our Bankruptcy Assistance Center Has to Offer
The experienced team at our Bankruptcy Assistance Center is well prepared to assist you in all types of bankruptcy filings, as well as alternatives to bankruptcy. We look at the details of each case, and help you decide what course of action is best for you or your business.
Chapter 7 Bankruptcy — A Chapter 7 bankruptcy filing is complete and total relief provided to you under Federal Bankruptcy law.
By filing a bankruptcy case under Chapter 7, individuals can receive complete debt relief — relief from credit card debt, personal loans, medical bills, past due bills, repossession and foreclosure deficiency, past due rent, and even some taxes. Upon receipt of a Chapter 7 bankruptcy discharge all credit card debt, medical bills, personal loans, and the like are wiped clean, giving you a fresh start. The filing of a personal bankruptcy case will stop all garnishments, lawsuits, repossessions, and even foreclosure on your home.
Chapter 13 Bankruptcy — The goal of every individual who files a Chapter 13 bankruptcy case is to reorganize debt at an affordable monthly amount. Upon completion of a Chapter 13 bankruptcy case, you will have brought your mortgage and car payments current, and receive a discharge of all credit card debt, medical bills, and personal loans, sometimes for pennies on the dollar, all at pace that was tailored to you. Only through the filing of a personal bankruptcy case can an individual receive a discharge from the Federal Bankruptcy Court.
Speak to the qualified representatives of our Bankruptcy Assistance Center to see if Chapter 13 bankruptcy is the right course of action for you.
Chapter 11 Bankruptcy — Chapter 11 Bankruptcy is available to corporations, partnerships and other businesses that need debt relief to remain viable. During this form of bankruptcy, the Chapter 11 debtor proposes a reorganization plan to pay debts over an extended period of time. This type of bankruptcy often allows debtors to remain in business while making adjusted payments to satisfy creditors.
Our Bankruptcy Assistance Center is here to provide knowledgeable and professional representation to Chapter 11 debtors, creditors and creditors’ committees in individual business and corporate bankruptcies. Chapter 11 bankruptcy stops business foreclosure and freezes debt collection. It is a complex process that depends on a number of circumstances and can lead to different results for different businesses. Contact the knowledgeable team at our Bankruptcy Assistance Center to see if Chapter 11 bankruptcy is the correct move for you or your business.
Alternative Debt Resolution – Our Bankruptcy Assistance Center can also provide guidance and expertise with alternatives to bankruptcy. These strategies include loan modifications, work-outs, debt settlements, IRS offer-in-compromises and mediation. Put our experience and knowledge in your corner, so you are able to shed the debt and move forward.
Call our Bankruptcy Assistance Center Today
Bankruptcy is governed by federal law and is not to be taken lightly. It requires in-depth analysis and understanding to afford you the relief you deserve.
The qualified representatives of our Bankruptcy Assistance Center have broad experience in consumer finance law, enabling them to explain all your options in detail, and offer skilled credit counseling focused on your needs. We have offices in Montgomery County and Prince George’s County, and we are committed to helping people in Maryland and Washington, D.C. face their debt issues head on.
You don’t have to face serious financial circumstances alone. Our Bankruptcy Assistance Center can help! Contact us to learn whether bankruptcy is right for you or your business.