As more and more Americans find themselves heavily in debt, many will seek avenues back to financial stability. According to many reports, debt levels have increased steadily over recent decades, while incomes have not kept the same pace. For those in Maryland who owe more than they can ever hope to repay, bankruptcy protection might offer the fastest and most certain path back to solid ground.
Having the guidance of a trusted legal professional is essential during any type of legal proceeding. Bankruptcy law, in particular, is a complex and every-shifting matter, and individuals in Maryland and other states who are unfamiliar with the rules regarding bankruptcy can find themselves in a great deal of trouble if they break those rules. An example is found in a man who has been forced to turn his motorcycle over to a trustee as part of his consumer bankruptcy case.