A Bankruptcy Attorney in Prince Georges County, MD assists consumers who have fallen deeply into debt and need a permanent solution. Through bankruptcy these consumers find a reasonable option that enables them to pay smaller monthly payments. All debts are consolidated into one claim to stop harassing collection calls and prevent legal action against the consumer. If you have considered bankruptcy as a debt-relief solution, contact your attorney and begin this process
Avoiding Foreclosure and Repossession
Through a bankruptcy claim you can avoid foreclosure and repossession. These claims enable you to secure your property by including them in your claim. This will prevent the finance companies from taking legal action against you and allow you to remain in your home and use your automobiles without worry. By including these properties in your claim, you prevent further finance fees and late charges.
The bankruptcy claim is designed to allow you to pay smaller payments and eliminate all debts over time. The only drawback of a bankruptcy claim is that you are unable to purchase any new items by utilizing your credit. However, once your bankruptcy claim is discharged, your attorney can assist you in rebuilding your credit.
Local Bankruptcy Attorney
The Law Offices of Laura Margulies and Associates offer bankruptcy solutions that enable you to become debt free. These solutions are designed for both individuals and business owners. They allow you to choose between reorganization and liquidation to settle your debts. These attorneys are familiar with these claims and will assist you in this journey. To schedule a consultation, contact these attorneys at the local number listed on their website at law-margulies.com.
Summary
Your Bankruptcy Attorney in Prince Georges County MD will guide you through the claims process. They will review each detail of your claim to ensure that all debts and current balances are listed. He or she may contact your creditors to determine if a settlement for these debts is possible. By filing a bankruptcy claim, you can also avoid foreclosure and repossession. Your attorney will instruct you of methods to secure your home and automobiles through a bankruptcy claim.
