Chapter 13 Bankruptcy

Avoid Foreclosure Through Chapter 13 Bankruptcy

Attorneys for Debt Relief and Bankruptcy Protection, located in Montgomery County, Maryland

Chapter 13 bankruptcy protection offers many advantages that Chapter 7 bankruptcy does not. Individuals in Chapter 13 bankruptcy proceedings are able to consolidate all of their debt into a convenient and affordable repayment plan that is supervised by the bankruptcy court. At The Law Offices of Richard B. Rosenblatt, PC, we assist individuals in the bankruptcy process and help them make sense of whether a Chapter 13 bankruptcy case is the correct decision for them. Most often, the Chapter 13 bankruptcy is used for homeowners facing foreclosure. In most cases, by repaying the mortgage arrearage over a five year payment plan with modest payments to other creditors, clients are able to keep their houses and discharge their consumer debts. Chapter 13 is also used where incomes exceed the levels allowed under Chapter 7 cases.

In addition, Chapter 13 bankruptcy allows you to repay and discharge debts that are typically not eligible to be discharged under a Chapter 7 bankruptcy. This includes mortgage arrearages for an existing home that you want to keep, certain taxes, as well as recently incurred consumer debt.

Debt Reorganization May Be Your Best Bankruptcy Option

At The Law Offices of Richard B. Rosenblatt, PC, we assist clients in many bankruptcy options, including Chapter 7, Chapter 11 and Chapter 13. While each of these options has benefits depending on the situation, Chapter 13 can often be the correct option for many individuals and their families. This form of bankruptcy can typically save people thousands of dollars in interest, late fees and penalties that they are paying to creditors. Individuals who file for Chapter 13 bankruptcy protection can also feel confident about keeping their home while they repay their debts.

Our bankruptcy lawyers will assess your situation and present legal options and solutions for you and your situation. We will work to help you to understand and feel good about your financial future.  

Contact The Law Offices of Richard B. Rosenblatt, PC

Pay off your debts through a payment plan that is manageable. Contact us at The Law Offices of Richard B. Rosenblatt, PC. We offer a free initial consultation to every prospective client. Call us today at 301.637.0402 discuss your case and to schedule an appointment.  Our clients come from Montgomery County, Prince George's County, Frederick County and throughout Maryland.

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