Helping People File for Bankruptcy in Maryland

Severna Park bankruptcy attorney

The Law Office of Kevin R. Hayes, LLC works with people to find debt relief that gives them financial breathing room to get a fresh start by filing for Chapter 7 or Chapter 13 bankruptcy. I understand that dealing with financial matters may be particularly complex and that your decisions regarding whether to file for bankruptcy will affect you personally and financially for years to come. That is why I am dedicated to providing my clients with comprehensive and compassionate legal representation. For most people, bankruptcy is considered a last resort, but it can actually provide a second chance for a new financial beginning.

During your free initial consultation I will explore your present financial circumstances and provide you with an explanation of the advantages and disadvantages of filing for bankruptcy. Bankruptcy is not always the right option for everyone. My goal is for my legal counsel to be comprehensive and compassionate. By answering your questions and offering honest, straightforward advice, I will assist you in making an informed choice about filing for bankruptcy.

Chapter 7 bankruptcy

Chapter 7 is the most common and quickest type of consumer bankruptcy. Chapter 7 is typically preferred for those people who qualify because it usually offers complete debt relief, including eliminating unsecured debts, ending wage garnishments and stopping debt collector harassment. You can generally expect to receive a discharge of your debts within four to five months of filing for bankruptcy.

Chapter 7 is sometimes referred to as liquidation because the non-exempt property of the debtor is turned over to the Trustee to be liquidated and the funds distributed to the unsecured creditors. In most Chapter 7 cases, however, there are little or no non-exempt assets to be turned over to the Trustee. Exempt property is not subject to attachment by creditors or included in a bankruptcy — which means you get to keep it.

Back to top

Chapter 13 bankruptcy

Chapter 13 is a reorganization of consumer debt. As part of the bankruptcy case, debtors are allowed to restructure payments to creditors by combining many debts into their "plan" and then pay a single monthly payment to the Chapter 13 Trustee for all of the debts included in the plan. Filing a Chapter 13 bankruptcy case is usually appropriate for those who have fallen behind on their mortgage or car loans and need to catch up on payments before foreclosure or repossession. Chapter 13 may also be appropriate if debtors have sufficient disposable income to pay a significant portion of their debt over time or there is valuable non-exempt property that would not be protected in a Chapter 7 bankruptcy case. Many factors go into determining whether or not a debtor qualifies for or should pursue Chapter 13 bankruptcy protection. I can help you with these issues.

Learn more about bankruptcy by reading through some frequently asked questions.

Back to top

Contact The Law Office of Kevin R. Hayes, LLC for a free initial consultation

The Law Office of Kevin R. Hayes, LLC offers free consultations during regular business hours and by appointment on evenings and weekends. Contact attorney Kevin Hayes’ Severna Park office online or at (410) 544-0506.

Kevin Hayes serves clients in Severna Park, Annapolis, Baltimore, Glen Burnie, Crofton, Pasadena, Odenton, Arnold, the Eastern Shore and all the surrounding areas of Maryland.

The Law Office of Kevin R. Hayes, LLC is a debt relief agency. I help people file for bankruptcy relief under the U.S. Bankruptcy Code.

National Association of Consumer Bankruptcy Attorneys