ATTORNEY JAMES F. CARMON II LOCATED IN PRINCE GEORGE’S COUNTY, MD
If your wages are being garnished, creditors are suing you, have a vehicle repossession, owe the IRS taxes, or a foreclosure is pending bankruptcy may be an option for relief.
There is a high rate of foreclosures in Prince George’s County, Maryland which leads a number of citizens filing for bankruptcy in Prince George’s County, Maryland.
The filing fees that the Bankruptcy Court charges are $335 for Chapter 7 and $310 Chapter 13.
Bankruptcy is a big decision for clients and the process for filing for bankruptcy is complicated. Getting an attorney involved from the start will help ensure that things are done correctly from the start.
I offer reasonable rates and payment plans towards attorney fees. I have experience filing Chapter 7 Bankruptcy and Chapter 13 Bankruptcy.
If you are not interested in filing bankruptcy but would like to resolve a debt issue, I can assist you with creditor negotiations.
I’m a bankruptcy lawyer located in Prince George’s County, MD that can help relieve financial stress. Contact me to schedule a free consultation.
**Currently offering discount rates for a “simple” Chapter 7 Bankruptcy**
CAN I KEEP MY CAR OR HOUSE IF I FILE BANKRUPTCY
Can I keep my car or house are questions that potential bankruptcy clients frequently ask me. The answer to this question varies depending on the status of the payments on the car or house, the amount of equity in the car or house, and the individual clients desire to keep or surrender these things.
The simple answer is that a car or house can be kept by the Debtor in a bankruptcy if he or she is current on the payments on these things. If the Debtor has past due payments for their car or house and desires to keep their car and/or house the Debtor must file a chapter 13 bankruptcy to reorganize. The Debtor will have to pay the arrearage for their car or house through chapter 13 plan payments if their intent is to keep their car or house.
The amount of equity and how the car or house is titled effects what assets are exempt in bankruptcy. The chapter of bankruptcy (7 or 13) a debtor files depends on whether the equity in the car or the house is exempted. In Maryland, Debtors can exempt $11,000 of personal property and have a homestead exemption of $23,675 for their residence. Special exemptions apply for a house if it is titled tenants by the entirety. If you are contemplating filing bankruptcy in Prince George's County, Maryland you can contact me for a free consultation to discuss the specifics of your finances and your bankruptcy options.