Chapter 13 Bankruptcy

Rockville Chapter 13 Bankruptcy Reorganization Lawyers

Debt relief can take many forms. Chapter 13 bankruptcy can provide needed relief for people who have assets they wish to protect from their creditors. They have a regular source of income such as wages, pension, or Social Security and may otherwise not qualify for Chapter 7 bankruptcy protection.

Generally, in a Chapter 13 bankruptcy case, you can keep your property and reorganize your debts according to a payment plan lasting three to five years. Whether filing for Chapter 13 bankruptcy reorganization is the right choice depends on your circumstances. It is important to speak to a knowledgeable Rockville, Maryland Chapter 13 bankruptcy lawyer before making decisions that can impact you for years to come.

Edwards Philip Amourgis, PC
Edwards Philip Amourgis, PC

Discuss Your Legal Needs With Our Lawyers 

At Edwards Phillip Amourgis, PC, our experienced Rockville, Maryland Chapter 13 bankruptcy lawyers represent clients in Maryland, Virginia, and Washington, D.C., in Maryland Chapter 13 bankruptcy, Maryland Chapter 7 bankruptcy, and Maryland Chapter 11 bankruptcy matters. To schedule a free initial consultation to discuss your financial situation with a Rockville, Maryland Chapter 13 bankruptcy lawyer, call (301) 768-4606, toll-free at (877) 631-4002, or contact us online.

Chapter 13 Bankruptcy Instantly Stops Your Creditors

In many cases, people file for Maryland Chapter 13 bankruptcy protection when they want to protect their home from foreclosure or their car from repossession. Filing for chapter 13 bankruptcy protection generally stops or "stays" any collection activities against you or your property. Unlike a Chapter 7 bankruptcy case, a Chapter 13 bankruptcy case can be effective to:

Paying Your Debts Over Time

When you file for Chapter 13 bankruptcy protection, you will be able to repay your debts over a period of time without fear that your home or car will be taken from you. You will be required to file a Chapter 13 Bankruptcy Plan, which will determine which of your creditors get paid, how much they will be paid, what property or properties you intend to keep, and which you will give up. The Rockville, Maryland bankruptcy lawyers at Edwards Phillip Amourgis, PC, will help you develop a Chapter 13 Bankruptcy Plan to repay your debt, stop foreclosures, and keep the property that means so much to you.

Contact a Rockville Chapter 13 Bankruptcy Lawyer

With offices in McLean (Virginia), Rockville (Maryland), Columbia (Maryland), Frederick (Maryland), Baltimore (Maryland), and Washington, DC, the Chapter 13 Maryland bankruptcy lawyers at Edwards Phillip Amourgis, PC assist clients all over the Baltimore, Northern Virginia and Washington, DC metro area. We offer the skill and knowledge you need to help you navigate the Maryland bankruptcy process. Call (301) 768-4606, toll-free at (877) 631-4002, or contact us to schedule your free initial consultation with one of our Rockville, Maryland Chapter 13 bankruptcy lawyers.