When you fall behind on your bills and other expenses, it can be extremely stressful. Many fears that come along with debt include creditors harassing you with phone calls, your wages being garnished, and the risk of losing your home and/or car. Filing for bankruptcy is a possibility that many people will consider when trying to find ways to reach financial stability. As soon as you file, wage garnishments will halt and creditors can no longer contact you.
Hiring an attorney to help you with the bankruptcy process will give you the peace of mind that all required actions are being executed correctly and in a timely manner. Every private attorney will charge a different fee for handling your bankruptcy case. In addition to your payment to the lawyer, you will also have to pay court fees in order to officially file with the U.S. Bankruptcy Court. The court fees in Maryland for Chapter 7 are $338.00 and $313.00 for Chapter 13. Bankruptcy fees in Maryland can be one of the major obstacles for those who would benefit from filing.
The deadline to file your taxes is quickly approaching, and a possible refund could be coming your way. If you book a consultation now, you can get information on when exactly you can file for bankruptcy, and prepare to allocate money from your tax refund to make your final payments. This will also give you time to gather and make requests for all necessary documents including two years of tax returns, six months of pay stubs, two months of bank statements, retirement accounts, life insurance policies, and vehicle titles, as well as complete an online credit counseling course.
When looking into filing for bankruptcy in Maryland, you might have a lot of questions. At Ruben Law Firm, you can schedule a FREE consultation with one of our experts to discuss filing for Chapter 7 or Chapter 13 Bankruptcy. After this free consultation, you can begin making payments. Once the entire payment is made and documents are submitted, we will begin to prepare your case to be filed.
An initial consultation with a bankruptcy expert at Ruben Law Firm is easy to do over the phone or in person, and during this first meeting, you will be able to get answers to questions you may have about the process of filing and your eligibility. Your expert will help you to determine if bankruptcy is the right choice for you and which type of bankruptcy is best for you to pursue. Call 410-766-4044 to speak to a representative now, or visit MDBankruptcyCenter.com for more information!