Chapter 7 and Chapter 13 Bankruptcy
The Law Offices of Frank E. Turney, P.A.
Baltimore Bankruptcy Attorneys
The bankruptcy attorneys of Frank E. Turney, P.A. have the expertise and knowledge to help you get out of debt and keep your personal property. Whether you are behind on car payments or mortgage payments, we can show you how bankruptcy can be the solution you are looking for. We have assisted hundreds of clients with resolving their financial troubles and building a financially stable life with lasting debt relief.
Personalized Bankruptcy Representation
What sets our law firm apart is that we provide personalized attention for each and every client. We are dedicated to giving everyone our full focus and attention. As your bankruptcy lawyer, we will explain your rights and options so you can make the decisions that are best for your financial needs. Prior to accepting your case, we will provide an in-depth consultation and analysis that is completely free of charge. Once we have an understanding of your case, we will provide you with a reasonable quote that includes payment options.
When you need bankruptcy lawyers you can depend on in the Baltimore area, you can turn to the law offices of Frank E. Turney, P.A. We will help you to understand the process of bankruptcy as well as the laws and requirements.
Schedule a Free Consultation
One thing that distinguishes our law firm from other bankruptcy firms is the personal attention we give everyone who contacts us for help. Even before deciding whether to accept a bankruptcy case, our attorney does a detailed analysis, at no charge to the potential client. Once we understand the nature of the case and how much work will be involved, we are able to explain the options and quote a reasonable fee with payment options.
Changes in the New Bankruptcy Law
In 2005, Congress totally revamped the country's bankruptcy system. There are many pitfalls in the new system that can lead to real problems. The best way to avoid them is to choose an experienced bankruptcy attorney who can help you understand your options, and your obligations, under the law.
- All debtors are now required to get credit counseling before they can file for bankruptcy.
- Some debtors with higher incomes are no longer allowed to file for Chapter 7 bankruptcy.
- A person's eligibility for Chapter 7 is based, in part, on his or her median income as set by the IRS. If you are under the median level, there is an assumption that you are not abusing the system. Above the level triggers a complex formula to determine your options.
- A person filing for Chapter 7 or Chapter 13 bankruptcy protection must show proof of income by providing federal income tax returns for the previous years, as well as pay stubs and other income sources.
- The new law makes additional demands of lawyers. For example, lawyers must personally vouch for the accuracy of all the information their clients give them.
If you are on the verge of bankruptcy, you don't need to be afraid. But you do need to take action. The first thing you should do is contact an attorney who fully understands the new bankruptcy law and has the experience required to help you. Call today at 410-788-8830 or contact us online to tell us about your situation.