Top Lexington Park, MD Chapter 7 Bankruptcy Lawyers Near You
22335 Exploration Drive, Suite 2030, Lexington Park, MD 20636
We found a limited number of Chapter 7 Bankruptcy law firms in Lexington Park. Below are some of the closest additional firms.
21 North Hanson St., Suite 110, Easton, MD 21601
Other Nearby Offices
In the Lexington Park, Maryland area, Maronick Law LLC can help you resolve your Chapter 7 Bankruptcy issues.
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6305 Ivy Lane, Suite 315, Greenbelt, MD 20770
Clients who need legal help with Chapter 7 Bankruptcy concerns can contact The Law Office of Donald L. Bell, a reputable law firm in Lexington Park, Maryland.
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30 Courthouse Square, Suite 302, Rockville, MD 20850
For those working through a Chapter 7 Bankruptcy issue in the Lexington Park, Maryland area, The Law Offices of Richard B. Rosenblatt, PC can be your partner in law.
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401 N. Washington Street, Suite 500, Rockville, MD 20850
Get assistance for your Chapter 7 Bankruptcy issue in the Lexington Park, Maryland area. Morris Margulies, LLC can help.
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8850 Columbia 100, Parkway #310, Columbia, MD 21045
Other Nearby Offices
Law Offices Robert M. Stahl LLC has experience helping clients with their Chapter 7 Bankruptcy needs in Lexington Park, Maryland.
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11705 Berry Road, Suite 202, Waldorf, MD 20603
11705 Berry Road, Suite 202, Waldorf, MD 20603
8400 Corporate Dr, Suite 230, Landover, MD 20785
4301 Garden City Dr., Suite 300, Hyattsville, MD 20785
185 Admiral Cochrane Drive, Suite 130, Annapolis, MD 21401
129 North West Street, Suite 1, Easton, MD 21601
101 Bay Street, Suite 2, Easton, MD 21601
110 N Washington St, 3rd Floor, Easton, MD 21601
1116 West Street, Suite C, Annapolis, MD 21401
Lexington Park Chapter 7 Bankruptcy Information
Lead Counsel independently verifies Chapter 7 Bankruptcy attorneys in Lexington Park and checks their standing with Maryland bar associations.
Our Verification Process and Criteria
Ample Experience
Attorneys must meet stringent qualifications and prove they practice in the area of law they’re verified in.Good Standing
Be in good standing with their bar associations and maintain a clean disciplinary record.Annual Review
Submit to an annual review to retain their Lead Counsel Verified status.Client Commitment
Pledge to follow the highest quality client service and ethical standards.
What Is Bankruptcy?
Bankruptcy is a legal process that allows people to get out from under debts that are causing serious financial harm. Through the bankruptcy process, you may be able to get rid of debts like medical bills, credit card bills, and other unsecured debts. Factors such as your income and whether you have assets that you can sell to pay off some of the debts are taken into account when filing for bankruptcy and will determine what happens.
What Happens When I File for Bankruptcy?
When you file for bankruptcy, you will be under a federal bankruptcy court’s supervision and protection. During this time, you, your lawyer, the court, and your creditors will work on a plan for discharging your eligible debts. Collectors will also be unable to repossess property and garnish your wages or bank accounts during this time.
How Much Does It Cost To File for Bankruptcy?
There is no easy answer to this question. The ultimate cost will be a mix of court filing fees and what you owe your attorney for guiding you through the process. What you owe will depend on how complicated your case is and whether there are any prolonged disputes with creditors. Most likely, however, the debt relief that comes with bankruptcy will outweigh any fees.
How Long Does Bankruptcy Stay on Your Credit Report?
A Chapter 7 bankruptcy filing will stay on your credit report for up to 10 years, while a Chapter 13 will remain for up to seven years. A bankruptcy filing will also harm your credit score. However, if you need to file for bankruptcy, it’s likely your score is not that high anyway, and your bankruptcy will give you a chance at a fresh start and time to rebuild your credit score.