Sirody & Associates has successfully helped thousands of Marylanders just like you get the fresh start they deserve. Our team of experienced and knowledgeable bankruptcy attorneys will give you the personal attention and peace of mind you need as you move towards a debt-free future.
Sirody & Associates goes beyond traditional bankruptcy assistance to help you not only escape debt, but rebuild your good credit, with services like real estate loans, mortgage services, and bankruptcy buyouts.
Discover why thousands of folks from Baltimore and all over Maryland have relied on Sirody & Associates to regain their financial freedom. Request your FREE bankruptcy consultation today!
Bankruptcy is an official legal process, and it requires the advice and representation of a qualified legal professional. At Sirody & Associates, our team of attorneys will work closely with you to help determine if bankruptcy is the most advantageous option for your current financial situation.
Often Marylanders who are seeking financial relief from growing debt are unsure which bankruptcy (Chapter 7 or Chapter 13) is right for their situation. Either Chapter can help resolve issues with credit card debt, medical bills, and even stop lawsuits and wage garnishments. But, it’s important to understand the purpose and benefits associated with each filing. Some people will qualify for both Chapters and some may only quality for one. It’s rare that people will fail to qualify for either Chapter. Income level and amount of debt are both factors in determining which bankruptcy a person may qualify for.
In general, under Chapter 7 bankruptcies, assets are paid off in order to pay creditors. Chapter 7 bankruptcies are generally faster, but filers must qualify based on income. Chapter 13 bankruptcy may be an option for filers who do not qualify for Chapter 7. Under Chapter 13, debts are reorganized and paid off over a longer time period according to a repayment plan. More debts may be discharged under Chapter 13 as compared to Chapter 7.
In helping thousands of Marylanders get out of debt, we have found that no client’s circumstances are exactly like another’s, and that every case is unique. Request your FREE bankruptcy consultation today, and let Sirody & Associates help you get the fresh start you deserve.