What is Chapter 7 bankruptcy, and how can it help me?

Chapter 7 bankruptcy is a legal process that helps individuals or businesses eliminate most of their unsecured debts, such as credit card balances, medical bills, and personal loans. It allows you to get a fresh financial start by liquidating non-exempt assets and distributing the proceeds to creditors. If you’re struggling with overwhelming debt, Chapter 7 bankruptcy may provide the relief you need to regain control of your finances.

Am I eligible for Chapter 7 bankruptcy in Maryland?

To qualify for Chapter 7 bankruptcy in Maryland, you must pass a "means test," which compares your income to the state median. If your income falls below the median or you meet other specific conditions, you may be eligible. Speaking with an experienced bankruptcy attorney at Sirody & Ruben will help you understand your eligibility and navigate the process.

How long does the Chapter 7 bankruptcy process take in Maryland?

The Chapter 7 bankruptcy process in Maryland typically takes about four to six months from filing to discharge. However, the duration may vary depending on individual circumstances, such as the complexity of your financial situation. Consulting with Sirody & Ruben can provide a clearer timeline based on your case.

What is Chapter 13 bankruptcy, and how does it work?

Chapter 13 bankruptcy is a form of debt reorganization that allows individuals with regular income to create a repayment plan for their debts over a period of three to five years. Unlike Chapter 7, Chapter 13 helps you keep your assets while making manageable payments to creditors. This option is ideal for those who are behind on secured debts like mortgages or car loans but want to retain their property.

How does bankruptcy affect my credit?

Both Chapter 7 and Chapter 13 bankruptcies will negatively impact your credit score. Chapter 7 remains on your credit report for 10 years, while Chapter 13 remains for seven years after completion of the repayment plan. However, filing for bankruptcy may offer relief from unmanageable debt and a chance to rebuild your financial future.

Which bankruptcy option is better for me?

The best option depends on your financial situation. Chapter 7 may be better if you have little income and many unsecured debts, while Chapter 13 may be more appropriate if you have a steady income and wish to keep your assets while repaying some of your debt.

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This was the first time I ever filed bankruptcy and Mr. Ruben and his team were awesome!!! They didn’t judge me but better yet they understood me and my reasons to file. Any questions I had they were quick to respond back and answer. And best believe I had ALOT OF QUESTIONS! I truly appreciate everything they have done and did for me. I will forever recommend them. Love you guys!!!!!

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A Note From David L. Ruben, Esquire:

Ever wonder how you’re going to make it through the month on your income? Bills come in, paychecks get eaten up faster than ever, and it seems as if there is no end in sight. If it’s any consolation, you’re just like millions of people around the country. Filing for bankruptcy in Maryland is a way off of the financial treadmill. You were taught that part of being good and honest person is that you pay your bills – no matter what. That’s why filing bankruptcy just seems…..wrong. But here’s the thing: bankruptcy was created not as a dishonest way to get out of paying your bills, but rather as a way to help people get back into financial shape. In fact, Congress passed the Bankruptcy Reform Act of 1978 to enable people to get out from under the strain of overwhelming debt in order to re-enter the stream of commerce. In other words, Congress specifically created the bankruptcy laws in order to help people get back on their feet and rejoin society. You’ll never know which option is right for you until you talk with someone who understands the pros and cons of all of them. Take the first step in getting answers by setting up a free, no-obligation phone, e-mail or office consultation. Bankruptcy is Your Constitutional Right!

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Chapter 7

The laws regarding Chapter 7 filing in MD are very complex; it is best to consult an experienced, knowledgeable bankruptcy attorney.

Chapter 13

We have successfully represented Debtors in many different types of Chapter 13 Bankruptcy Proceedings. If you are thinking about filing Chapter 13, contact us.

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File bankruptcy and you will have less debt GUARANTEED! In some cases, NO DEBT LEFT AT ALL. It just depends upon your own particular situation.

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   Kyla Thompson 
 
 
 
 Trustindex verifies that the original source of the review is Google. I had an excellent experience with this law firm from start to finish. Everyone I worked with was professional, knowledgeable, responsive, and genuinely supportive throughout the entire process. They made sure I understood each step and always took the time to answer my questions. Thank you for giving me the financial restart I needed!
  
 
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   Gary 
 
 
 
 Trustindex verifies that the original source of the review is Google. I was very satisfied.  From start to finish. They were the ONLY firm to actually answer questions on the phone. Other firms want you to come in which is code so they can "sell you." I was in sales for 52 years so I get it. Good customer service is what sells/sold me.
  
 
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   Kathy Lopez 
 
 
 
 Trustindex verifies that the original source of the review is Google. From start to finish. Mr. Ruben and his staff are amazing. They did not show anything less than compassion, caring, and the eagerness to make you feel you are going to be okay. I highly recommend this company, all are truly professional, caring, and sincere. Thank you.
  
 
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   Meegain Pearce 
 
 
 
 Trustindex verifies that the original source of the review is Google. Excellent customer service.  Vicki is courteous and knowledgeable.
  
 
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   N K 
 
 
 
 Trustindex verifies that the original source of the review is Google. Very professional, informational, took good care of me and my wife in a time we didn’t know what to do and what was going to happen, guided us out of the dark thank you
  
 
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   Thomas Michael 
 
 
 
 Trustindex verifies that the original source of the review is Google. Mr. Rubens law firm did a fantastic job for me. I highly recommend them, they are competent and diligent.
  
 
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   Dawud Abdul-Alim 
 
 
 
 Trustindex verifies that the original source of the review is Google. From day one I knew I chose the right team. Honest, transparent, and smooth process!
  
 
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   Orlanda Percival 
 
 
 
 Trustindex verifies that the original source of the review is Google. My husband and I first utilized the Maryland Bankruptcy Center back in 2019.  As dauting and complicated as it was, they made the process of filing for bankruptcy so simple.  They provided step by step guidance and information.  We felt so supported the entire time.  They made themselves available through various avenues for easy communication.  There were some hiccups with our creditors but time and time again they swooped in and took care of everything.  One of the highest points besides the successful discharge of debt was knowing that we paid one flat rate.  There were not extra monies needed or fees we were not aware off that would pop up.  Then again in 2026 another issue popped up and once again the Maryland Bankruptcy Center came to the rescue.  Again, there was a flat rate and extra quick processing.  We frequently communicated with Attorney Turner and she was outstanding.  All in all, they are thorough, expedient and provide excellent customer service.  We highly recommend them!
  
 
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   Bea Cole 
 
 
 
 Trustindex verifies that the original source of the review is Google. I can't say enough great things about Ruben Law Firm! They truly turned one of the most stressful times in my life into a sense of calm and confidence. From beginning to end, everyone I encountered was professional, friendly, and genuinely caring. They took the time to answer my questions and made me feel supported every step of the way. And Lindsay is, without a doubt, the absolute best! Her kindness, dedication, and communication exceeded all of my expectations. I highly recommend Ruben Law Firm to anyone looking for a team that truly cares about their clients. Thank you for everything!
  
 
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   george preissler 
 
 
 
 Trustindex verifies that the original source of the review is Google. I came to Reuben law firm to get myself out of a serious jam. They were very helpful and got me through this. I want to thank everyone at Reuben law firm ,  I would definitely recommend this law firm..
  
 
  
  
 
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