Should I file for bankruptcy?

Making the decision to file (or not to file) bankruptcy is a big one. While getting a fresh financial start through Chapter 7 or Chapter 13 bankruptcy can be a lifesaver for some people, it’s not the best solution for others.

In order to make the best decision for your financial situation, make sure you learn about the different types of bankruptcy, understand what will happen to your debts and property, and consider alternatives to dealing with your debts. Here are some things to consider before you decide to file for Chapter 7 or Chapter 13 bankruptcy.

You need to understand the different types of bankruptcy. Chapter 7 bankruptcy wipes out all of your debts, while Chapter 13 bankruptcy is a payment plan through the bankruptcy court to pay off some or all of your debts.

Although the internet has a lot of good information, the best way to find out if bankruptcy is right for you is to call a Maryland bankruptcy lawyer and get answers to your questions. Usually it only takes a 5 minute free phone call to figure out what is best for you.

My name is David Ruben and I have been filing bankruptcy cases for Maryland residents for more than 20 years. Whether you are here to learn your bankruptcy options or if you already know that bankruptcy is what you need, call me today so that we can discuss it further.

Call me today, at (410) 766-4044 or (301) 589-8700 and I will answer all of your questions.