Bankruptcy | Estate Planning | Business Incorporation
Chapter 13

Bowie Chapter 13 Bankruptcy Attorneys

Outstanding Client Care in Prince George's & Anne Arundel Counties

The purpose of bankruptcy is to alleviate crushing, unsustainable debt. Chapter 13, known as wage-earners’ bankruptcy, is generally available to two types of filers:

  1. Those with too high of an income to qualify for Chapter 7; and
  2. Those with secured assets they wish to keep that might be liquidated through Chapter 7.

As opposed to liquidation, Chapter 13 involves a 3-5-year plan to repay as much debt as possible. At the end of the payment plan, whatever unsecured debt remains will be discharged, leaving you with a clean slate.

At Adams Law Office, LLC, our Bowie Chapter 13 bankruptcy lawyers can thoroughly review your income, assets, debt, and legal objectives to determine whether Chapter 13 will work for you. The reputation we have developed among local bankruptcy trustees and judges helps us obtain the best possible resolutions for our clients. We bring decades of combined legal experience to every case and a determination to serve you with the highest possible quality of service. In short, we don’t just handle cases—we build real relationships with the people we serve.

To learn more about how Chapter 13 bankruptcy can benefit you, contact us online or call (301) 900-5940 for a free initial consultation.

Chapter 13 Bankruptcy in Maryland

To qualify for Chapter 13 bankruptcy, you must have a reliable and steady source of income, and your total debt cannot exceed certain amounts. This is because you will be responsible for making payments to your creditors through the bankruptcy court. Our firm will propose a 3-5-year plan, during which you will make one payment based on your disposable income to the trustee, who will then distribute it to your creditors. Your disposable income is based on your income minus your reasonable expenses.

Under Chapter 13, your dischargeable (unsecured) debt will not be fully forgiven until the end of your repayment plan. You must complete the payment plan to be eligible for the discharge of whatever unsecured debt remains.

While you will need to wait 3-5 years for this forgiveness, you will have access to an immediate benefit after filing your petition: the automatic stay. This court order prohibits your creditors from attempting to collect your debt in any way—except for through the bankruptcy court.

As such, Chapter 13 bankruptcy can be used to stop a foreclosure or vehicle repossession. You can also pay back-taxes and stop interest accrual on local, state, or federal taxes through your repayment plan. This form of bankruptcy provides a route for getting current on these payments over time and, where applicable, reinstating original agreements. Because of the 3-5-year restructuring process, this type of bankruptcy can lower your monthly payments.

Your Payment to the Bankruptcy Trustee

Your monthly payment will depend on your specific circumstances—namely, your income and expenses. At Adams Law Office, LLC, we understand that every case is unique, and we will work to get this payment as low as the law will allow through a careful presentation of your situation to the court.

Need advice and guidance regarding your overwhelming debt? Give us a call at (301) 900-5940 to speak with our skilled legal team.

What Sets Us Apart?

Our Bowie attorneys have built a reputation for excellence among judges, bankruptcy trustees, and our community. We have decades of combined legal experience, which we put to work every day for each client.

What truly allows us to succeed, however, is not our qualifications and years of practice—it is our deeply personal commitment to building real relationships and better futures. You can trust us to invest our time, energy, and resources into your case because client care is our passion and our purpose.

  • Over a Decade of Experience

    Over the last 10 years, we have developed a relationship with the trustees and judges in the area, helping to get the top-quality representation you deserve.

  • Streamlined Process

    We have streamlined our legal processes so preparation and processing are as efficient as possible and the result is what you are looking for.

  • Premier Client Care

    From start to finish, our aim is to provide excellent service to our clients. You are never just another case.

  • Free Consultations

    Whether in-person, over the phone, or virtual, your first initial consultation with us is 100% complimentary.

  • Christian Legal Society
  • Elder Counsel
  • DC Bar
  • MSBA
  • Wealth Counsel
  • US News 2020 Best Law Firms
  • Avvo 2020
  • Avvo 2019
  • Avvo 2018
  • Avvo Clients' Choice Award 2019
  • America's Most Honored Professionals 2019
  • America's Most Honored Professionals 2018
  • Alliance of Black Women Attorneys
  • 2019 Lawyers of Distinction

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