Should I File For Chapter 13 Bankruptcy In Maryland?

Is Chapter 13 Right for Me? A Baltimore City Bankruptcy Lawyer Explains

In Chapter 13 bankruptcy, you will work with the court and your Baltimore City bankruptcy lawyer to create a repayment plan for your debts. Chapter 13 can be a powerful tool for some families, and it is a great way to save your home from foreclosure and stop collection harassment. However, although Chapter 13 is the right choice for many people, it is not right for every situation.

If you are having trouble deciding whether or not to pursue Chapter 13 bankruptcy in Maryland, keep in mind that Chapter 13 is generally best for people who:

  • Are behind on mortgage payments and wish to keep their homes
  • Own any non-exempt property that they cannot stand to lose
  • Are burdened by debts that are non-dischargeable under Chapter 7 bankruptcy
  • Have already filed for Chapter 7 bankruptcy in the past eight years
  • Meet the debt and income requirements for Chapter 13 bankruptcy
  • Hope to protect a co-signer on a debt

For more information about bankruptcy and whether it’s right for you, please see our helpful free bookStopping Foreclosure in Maryland—The Truth About Loan Modification, Mediation, and Chapter 13 Bankruptcy, which will aid in your decision-making process and explain more about your rights and options.

If you need immediate help with Chapter 13 bankruptcy in Maryland, please give us a call at 443-860-0088 today to speak with an experienced and friendly Baltimore City bankruptcy lawyer who can start taking action on your case right away. We would be happy to meet with you in a FREE and convenient legal consultation to talk about your situation and how best to handle your case. If you decide to hire Baltimore bankruptcy attorney James Logan to represent your case, we will immediately start working to stop foreclosure on your home, stop the harassing debt collection calls, and stop utility turnoffs—at least temporarily.

At the James R Logan PA., we are devoted to helping you find peace of mind and start building a better future. Our Maryland bankruptcy law firm stands ready for your phone call to give you a helping hand.