Glen Burnie, MD
Amid all the vibrancy associated with Glen Burnie, individuals facing financial challenges often find solace in the expertise of Sirody & Ruben Bankruptcy Center. With a steadfast commitment to guiding clients through the complex nature of bankruptcy law, Sirody & Ruben Bankruptcy Center has carved a reputation for itself – offering effective legal assistance to those within the Glen Burnie area.
Bankruptcy Attorney Glen Burnie, MD
At Sirody & Ruben Bankruptcy Center, we have helped countless individuals and families in the area make meaning out of the bankruptcy law jargon. Our goal is to provide you with the guidance and support you need to make informed decisions about your financial future.
We specialize in both Chapter 7 and Chapter 11 bankruptcy filings, and we will work closely with you to determine the best course of action for your unique situation. Our team takes the time to listen to your concerns, assess your financial circumstances, and develop a personalized strategy to help you get on a fresh start.
We also offer free initial consultations and provide our clients with the professional representation they deserve.
Chapter 7 Glen Burnie, MD
We understand how challenging filing for Chapter 7 bankruptcy in Glen Burnie, MD can be. That’s why we offer our clientele thorough guidance – from start to finish – helping them understand the eligibility requirements and determine if Chapter 7 is the right choice for their financial situation. When you file for Chapter 7 bankruptcy, you can expect the following:
- A comprehensive review of your assets, debts, and income
- The appointment of a bankruptcy trustee to oversee your case
- The liquidation of non-exempt assets to pay off creditors
- The discharge of most unsecured debts, such as credit card balances and medical bills
While the thought of losing assets can be stressful, rest assured that Maryland’s laws allow for the protection of many of your possessions. Our team of experienced attorneys will work diligently to help you keep as much of your property as possible while still achieving the debt relief you need to move forward with your life.
Chapter 13 Glen Burnie, MD
Chapter 13 bankruptcy, also known as a wage earner’s plan, is designed for individuals with a steady income who want to repay all or part of their debts through a structured repayment plan. Unlike Chapter 7, which liquidates assets to pay creditors, Chapter 13 allows you to keep your property while catching up on missed payments over three to five years. This option is ideal for Glen Burnie residents who are facing foreclosure, have fallen behind on payments, or are struggling with debts they can’t pay off immediately.
One of the key benefits of Chapter 13 is that it provides the opportunity to reorganize your debts while protecting your assets. You can stop foreclosure proceedings and repay mortgage arrears over time, which is crucial for those who wish to remain in their homes. It also helps to address car payments, credit card debt, medical bills, and other unsecured debts, making it a flexible option for managing financial challenges.
If you live in Glen Burnie and are considering Chapter 13 bankruptcy, Sirody & Ruben Bankruptcy Center can guide you through the process. Our experienced legal team will help you develop a repayment plan that fits your budget and ensure that you remain compliant with the court’s requirements throughout the duration of your case.
