Frederick MD Chapter 7 Bankruptcy Attorney
If you are having a hard time paying off your debt, you may want to consider filing for bankruptcy. Chapter 7 bankruptcy may be the right option for you to be free of debt and have a fresh start to your financial future. At the Law Offices of John C. Hanrahan, LLC, our attorney focuses his practice on helping individuals throughout Maryland navigate bankruptcy proceedings.
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If you have decided to file for bankruptcy, the firm can walk you through the means test established by the 2005 revisions to the bankruptcy code. The bankruptcy means test will help determine whether you qualify to discharge debts under Chapter 7.
Attorney John C. Hanrahan will help prepare and file your petition with bankruptcy court. Chapter 7, also known as straight bankruptcy, is an option that most individuals choose to relieve their personal debt. Bear in mind, some debt is not dischargeable. In Chapter 7 bankruptcy, some of your property may be liquidated (sold) to pay your creditors.
Chapter 7 will, however, relieve you of unsecured debt, such as:
- Credit card debt
- Medical bills
- Wage garnishments
- Utility bills
- Certain tax debt
Another benefit of filing for Chapter 7 bankruptcy is that you will immediately receive an automatic stay. During the stay period, creditors are prohibited from calling, writing or taking other action to collect debt. If you do not qualify for Chapter 7, you may still be eligible to file for Chapter 13 bankruptcy.
Contact Our Law Firm
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.