Why to Hire a Bankruptcy Lawyer

Life is full of difficult situations that may leave you with an empty bank account. The assistance of an experienced attorney can help you if you are facing debt.

At Soubra Law Firm, I, attorney Imad Soubra, provide knowledgeable legal assistance to clients who are facing mountains of debt. I can help you understand your bankruptcy options to help you get a fresh start. Contact my law office in Frederick, Maryland, by calling 301-219-5038.

Whether you want to file a Chapter 7 or a Chapter 13, you want to consult with me to determine which is the best option for you. It depends on how you want to proceed during the Bankruptcy process. If you want to save your home which it depends on how much equity it has in it, you can speak with me which Bankruptcy protection either Chapter 7 or Chapter 13 best fits your needs in order for you to get a fresh start in your financial situation. Chapter 7 is a straight liquidation process where people who file this do not have many properties and the property does not have much value. In determining how the Bankruptcy Court will determine the value of the property. I can tell how they value the property to see if all of it falls within the exemptions. Under Maryland law, the Bankruptcy Court will allow you to keep certain if not all your items depending if they fall in line with the Exemptions. Many occasions when people file for Bankruptcy protection they can keep their home, personal properties, proceeds, etc depending on what they have.

Chapter 13 is like a payment plan that can eliminate most or all your debts after the payment plan are over within 3 to 5 years. To qualify for this plan, you must earn enough income to be able to qualify for this Chapter 13 plan. You must be able to make the payments timely. If you miss any payment under the Chapter 13 plan, you case can be dismissed where you are no longer eligible for Chapter 13 protection. Usually, Chapter 13 plan it can covers your unsecured debt anywhere from 0 to 100% depending on your income.

When you are buried under a pile of debt, it may seem impossible to get out. Do not give up hope. If you are in a difficult financial situation, bankruptcy may be the right option for you.

At Soubra Law Firm, I can assist you with all your bankruptcy-related needs. In an initial consultation, I can meet with you to determine if you should file for bankruptcy.

I help individuals file for Chapter 7 or Chapter 13 bankruptcy. In a Chapter 7 bankruptcy, you are able to erase most of your debt. This includes:

• Credit card debt
• Hospital bills
• Utility bills
• Bank loans
• Older tax debt

If you do not qualify for Chapter 7 bankruptcy, you may be able to file for Chapter 13. In a Chapter 13 bankruptcy, we can work together with a bankruptcy trustee to develop a repayment plan. This plan usually lasts for 36 to 60 months and it is based on what you are able to pay.

To learn more about the bankruptcy process, schedule an appointment at my law office today.

• Chapter 7
• Chapter 13

You deserve a fresh start. I can help you file for bankruptcy so that you are free of debt. Contact my Frederick law firm at 301-219-5038 to schedule a free consultation with an experienced lawyer.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.

As your Frederick Bankruptcy Chapter 7 and Chapter 13 Attorney to deal with bankruptcy issues, the Law Firm is here to serve Frederick, Montgomery, Washington, and Carroll Counties as well as the remaining Maryland area. The Firm would like to be your Bankruptcy Chapter 7 and Chapter 13 Lawyer to deal with bankruptcy issues.