MORE BANKRUPTCY INFORMATION:

• FREQUENTLY ASKED QUESTIONS (FAQs)

• BANKRUPTCY EXEMPTIONS

• FREE BANKRUPTCY ANALYSIS

• FILING FEES

• DOCUMENTS YOU'LL NEED TO PROVIDE TO GET STARTED

• CREDIT REPAIR

• TALK DIRECTLY TO AN ATTORNEY FREE OF CHARGE

• BANKRUPTCY LINKS

• BANKRUPTCY BLOGS

• BANKRUPTCY GLOSSARY

• NOTICE REQUIRED BY 11 USC § 527(b)

• BANKRUPTCY QUESTIONNAIRE

FREE BANKRUPTCY ANALYSIS

Call 301-805-5892 ( Maryland residents) or 202-327-5475 (DC residents) to speak with an attorney today. You will need to provide answers to the following questions:

• Have you filed a bankruptcy within the last 8 years?

• Are you married? Will you be filing an individual bankruptcy or with a spouse?
• What is the estimated amount of your total debt?
• What form is that debt in (e.g., credit cards, tax bills, student loans, etc.)?
• Is there a codebtor on your debts?
• What assets do you have other than household goods; do you own a home/car?
• What is the estimated value of your asset(s)?
• How much equity do you have in your asset(s)?
• Have you made any cash advances for $825 or more in the last 70 days?
• Have you made any purchases of $550 or more in the last 90 days?
• What is your annual income?
• Based on your responses to these questions, an attorney will be able to provide you with an analysis of your financial position, help you determine whether you will qualify for bankruptcy and for which type, describe the bankruptcy process, and the differences

FILING FEES

The following filing fees are charged by the Bankruptcy Court:

• Chapter 13 - $274

Attorney's fees at Adams Law Office, LLC start at $950 for a simple individual Chapter 7 bankruptcy. Please call 301-805-5892 (in Maryland ) or 202-327-5475 (in DC) for an analysis of your particular case and to receive a flat fee quote.

DOCUMENTS YOU'LL NEED TO GET STARTED

• Copy of your driver's license

• Copy of your last 6 months of paystubs

• 4 years tax returns (if you do not have these available, tax transcripts will be ordered from the IRS )

• Bills/statements from creditors that you have received in the last 2 months

• Certificate of completion from a credit counseling course provider (a financial management course will need to be completed after the petition has been filed)

• Completed questionnaire (provided by the attorney)

CREDIT REPAIR

Some of the most important ways to improve your credit are paying your outstanding bills on time and not living beyond your means. If you cannot afford to pay cash for something you want to buy, it is likely that you cannot afford it; therefore, you should not buy it. Keep this in mind when you are tempted to use a credit card to pay for consumable items such as food from restaurants, clothing, electronics equipment, etc. The best way to acquire these consumables is to save the money to purchase them in cash - this gives you time and the perspective to know whether you really need the item or not. Your credit will slowly improve over time as you pay your bills on time and keep your credit to a necessary minimum. Also, keep in mind that some debt is good. For example, student loans and a mortgage represent debts that improve your overall lifestyle by creating additional career opportunities (student loans) and providing a means to accumulate equity (mortgages).

TALK DIRECTLY TO AN ATTORNEY FREE OF CHARGE

Call 301-805-5892 ( Maryland residents) or 202-327-5475 (DC residents) to speak with an attorney today!

ADAMS LAW OFFICE, LLC, 4201 Northview Drive, Suite 504, Bowie, Maryland 20716. 

Serving Bowie, Maryland and surrounding areas of Prince George's County, Anne Arundel County, Charles County, and Washington, DC.

This website is designed for general information only.  The information presented on this website should not be construed to be formal legal advice nor the formation of a lawyer/client relationship.