Bankruptcy Lawyer In Annapolis MD

As a Bankruptcy Lawyer in Annapolis MD

Bankruptcy is a useful and powerful tool which can help individuals and businesses to eliminate or reorganize debt. It can also stop lawsuits, creditor harassment, garnishment, foreclosure, and repossessions. There are different types of bankruptcy available (Chapter 7, 11, 12, and 13) and it can be very complicated to go through. With offices in Elkridge, Annapolis, Gaithersburg, and Towson we are here to help you determine if bankruptcy is right for you and help you throughout the entire process from start to finish. Contact a Nager Law Group Bankruptcy Lawyer in Annapolis Md for help.

Filing For Chapter 7 Bankruptcy

Chapter 7 Bankruptcy is a court process that is designed to wipe out credit card debt, medical debt, and other types of unsecured debts that you are not able to repay. To learn more about Chapter 7 Bankruptcy please visit our Contact Us Page.

Filing For Chapter 11 Bankruptcy

A form of bankruptcy that involves the reorganization of a debtor’s business affairs, debts, and assets. Chapter 11 is generally filed by corporations that require time to restructure their debts, and gives the debtor a fresh start, subject to him or her fullfilling their obligation under the plan of reorganization. To learn more about Chapter 11 Bankruptcy please visit our Contact Us Page.

Filing for Chapter 12 Bankruptcy

A form of bankruptcy designed for “family farmers” or “family fisherman” with a regular annual income. Chapter 12 allows family farmers and family fisherman in financially distressed situations to propose and carry out a plan to repay all or parts of their debts. These repayment plans generally last three to five years. To learn more about Chapter 12 Bankruptcy please visit our Contact Us Page.

Filing For Chapter 13 Bankruptcy

Chapter 13 allows a debtor with regular income to adjust his or her debts using a repayment plan. In Chapter 13 a debtor is allowed to keep his or her property and pay back their debt over time. To learn more about Chapter 13 Bankruptcy please visit our Contact Us Page.