Bankruptcy Lawyer in Montgomery County, Maryland
Chapter 7 ◊ Chapter 13 ◊ Chapter 11
At the offices of attorney Charles M. Maynard, we handle all matters related to bankruptcy filings for individuals and small businesses, including petitions under Chapter 7, Chapter 13 and Chapter 11. We are zealous advocates for our clients, treating you at all times with the utmost respect while working hard to help you accomplish your objectives. We place a high priority on client confidentiality and pay careful attention to make certain that our legal fees are always commensurate with the type of legal assistance you need.
To schedule an appointment, contact our office online or call us at 301-294-6003 (in Rockville) or 301-741-4127 (in Silver Spring).
Our Bankruptcy Practice
We provide comprehensive counsel to consumers and small businesses who seek a fresh start through bankruptcy, preparing and filing all the necessary documents to initiate and complete the process, and acting as your advocate in all formal hearings with creditors, the trustee or the court. Upon filing, you are immediately protected from your creditors, who cannot call, write or take legal action outside the bankruptcy proceeding to collect debt from you. Consequently, a bankruptcy petition can be an effective way to stop home foreclosure, wage garnishment, harassment and repossession.
Chapter 7 Bankruptcy
In a Chapter 7 bankruptcy, also known as liquidation, you are allowed to permanently discharge certain unsecured debts, such as credit card balances and medical bills. Individuals or businesses may file under Chapter 7. We will help you determine whether you qualify and, if so, will make certain you know which debts can be discharged before you file. We will also ensure that any exempt assets, such as funds in a retirement account up to a stated amount, are excluded from your creditors.
Chapter 13 Bankruptcy
Under the 2005 bankruptcy law, if you have the means to repay your creditors over a 3 to 5 year period, you cannot discharge debts under Chapter 7, but must restructure or reorganize your debt under Chapter 13. Chapter 13 is available only to individual consumers, and is the choice of many consumers with secured assets such as homes and vehicles.
Chapter 11 Bankruptcy
A Chapter 11 bankruptcy petition allows a small business to reorganize and restructure debt, similar to Chapter 13. In some situations, where the amount of debt exceeds the limits set for Chapter 7 and Chapter 13, an individual consumer may be allowed to reorganize debt under Chapter 11.
Contact Our Offices
For an appointment, contact us by e-mail or call us at 301-294-6003 (in Rockville) or 301-741-4127 (in Silver Spring). Our offices are conveniently located near the courthouses in Rockville and Silver Spring. We will also meet with you off-site, if necessary. We answer our phones 24 hours a day, 7 days a week.