Bankruptcy

There is Hope

Financial hardship is extremely stressful, regardless of its causes. No matter how hard you try to change course, you may feel you are trapped on a one-way street. Some people hesitate to claim bankruptcy to avoid its stigma. But when you're overwhelmed with debt, you have far more to gain than lose by filing for bankruptcy. And there is no reason for friends, family, or colleagues to ever know about it. As for financial stigma, claiming bankruptcy can impact your credit score, but you'd be surprised how fast you can bring it back up again.

Congress created the bankruptcy option to help hard-working citizens such as yourself deal with life's inevitable complications. A successful bankruptcy claim will eliminate or consolidate your debt, allowing you to get a fresh financial start. Don't hesitate to exercise your legal rights. There is hope, and you don't have to go it alone. An experienced bankruptcy attorney can put you back in control of your finances and get you started on your recovery.

Types of Bankruptcy

There are two types of bankruptcies you can choose from—Chapter 7 and Chapter 13. The option that is right for you will depend on your financial status. A Chapter 7 bankruptcy yields a full forgiveness of debts when the debtor has few or no assets and/or a very low income. A Chapter 13 bankruptcy allows higher-income debtors to hold on to their property and assets while they slowly pay off creditors.

Both Chapter 7 and Chapter 13 bankruptcies can stop creditor harassment, protect against foreclosures, wipe out credit card debt, discharge debt due to divorce, eliminate medical debt, consolidate alimony and child-support payments, prevent wage attachment, provide tax-debt relief, and allow you to rebuild your credit.

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Call Today for a New Start

If you're ready to take back control of your finances, call 301-589-4597 or email me at ds@dsteinlaw.com to discuss your options. I offer free consultations to those enduring severe financial strain in Maryland and Washington D.C., including areas around Baltimore, Bethesda, Silver Spring, Gaithersburg, Rockville, Wheaton, Upper Marlboro, Bowie, College Park, Laurel, Frederick, Hagerstown, Hyattsville, Salisbury, Towson and Glen Burnie. Let me help you make a new start today.