HARFORD COUNTY, MARYLAND CHAPTER 7 BANKRUPTCY ATTORNEY

The decision to file for bankruptcy is never an easy one. However, the law recognizes that there are circumstances where someone has exhausted all of their resources and now they need relief from creditors. It’s times like these individuals turn to a trusted bankruptcy lawyer like Donna R.F. Beard.

If you have come to the conclusion that you are unable to pay your creditors no matter what you do, Chapter 7 bankruptcy may be a viable option. Creditors recognize that they are accepting a certain amount of risk when they make a loan or extend credit on products. Do not let financial insolvency displace you from your home or destroy your business. Contact a northern Maryland bankruptcy lawyer that you can trust.

In order to file a Chapter 7 bankruptcy, you must qualify based upon your income level, which varies depending upon the number of people living in your household, and a means test. Certain property is protected from the bankruptcy. Other assets, referred to as “nonexempt property,” can be sold or liquidated by the bankruptcy trustee to pay off your creditors. Most types of debt are discharged (go away) with the bankruptcy.

When you meet with attorney Donna Beard, she will examine your financial dilemma and make a determination as to whether Chapter 7 is the right move for you. She’ll then explain to you what assets are exempt from liquidation and what debt may still remain attached to those assets—even after the bankruptcy. A Chapter 7 bankruptcy can be an uncomfortable process for most people, but you’ll have the benefit of a trusted Maryland bankruptcy lawyer to guide you through the process. Donna Beard will ensure that you emerge from the Chapter 7 bankruptcy with as much of your life in tact as is legally possible.

To make an appointment with Harford County attorney Donna R.F. Beard in her Bel Air office, call 410-696-4385.