Representing All Greenbelt, & Surrounding Areas, MD
Beltsville Bankruptcy Attorney
Skilled & Accomplished Bankruptcy Attorney In Beltsville, MD
For over 20 years, practicing in the Greenbelt Bankruptcy Court, Jill Phillips is a very experienced Beltsville Bankruptcy Attorney. She has been admitted to practice law before all Maryland State and Federal Courts, as well as the United States District Court for the District of Columbia and several U.S. Circuit Courts of Appeal.
If your credit card debt has gotten out of hand, or you just can’t pay your debts and you are thinking about filing for Chapter 7 or 13 bankruptcy in Beltsville, MD, it’s important to work with a lawyer who knows the local rules and processes of the Court and tendencies of the Bankruptcy Trustees.
Beltsville, MD is a small town located north of Washington D.C. It was founded in the early 18th century and has been a quiet agricultural area ever since. Despite its size, it has a ton to offer residents who live there.
Beltsville contains a number of historic sites and buildings that help to give the town its charm. These include: Oak Hill, a 19th-century plantation house; Patuxent Research Refuge, which provides land for scientific study; and the Knoll Golf Course, one of the oldest in Maryland. The vibrant history can be seen throughout the town.
Discharge Debt With A Beltsville Bankruptcy Attorney
Often times credit card bills can get out of hand. When this happens bankruptcy may be a viable option for alleviating some stress and expense, but there are stiff penalties if creditors violate an automatic stay that has been put into place following someone’s filing with either Chapter 7 or 13 filings
Chapter 7 Filing
Chapter 7 bankruptcy allows people with financial trouble to wipe out most forms of debt. Most types of credit card debt can be eliminated through this method, but there are a few exceptions, such as mortgages. If you are trying to determine what your options are for getting rid of credit card debt, this article will outline the facts about chapter 7 bankruptcy and credit card debt.
There are two types of credit cards in use today: secured and unsecured. Unsecured credit cards rely on the creditor trusting that the consumer will pay their bills. This trust is built into the interest rate charged to the borrower. Secured credit cards are backed by something tangible, usually a home or car. If you stop making payments on your secured credit card bills, they will contact you and seize the asset used as collateral for the line of credit.
Creditors cannot take any actions against an individual who files for Chapter 7, due to the bankruptcy code and the debt can be wiped out in 90 days.
Chapter 13 Filing
A Chapter 13 bankruptcy can help wipe out or reduce credit card debt, through a repayment plan that’s based on your ability to pay. This means you get leverage and control over how much is paid back- not just what the creditors want! A firm understanding of all legal proceedings will be critical when it comes time for filing since this type if proceeding includes some specific guidelines which should always be followed exactly as they’re written without deviation from those details could result in delays during court proceedings leading up until trial where verdicts are reached accordingly; so make sure there aren’t any surprises waiting around every corner with these plans by consulting with a Beltsville bankruptcy attorney
Using The Automatic Stay
Are credit cards and personal loans giving you a headache? Do bill collectors harass you about medical bills debt you simply can’t pay? The federal Bankruptcy Code includes an automatic stay that stops debt collection efforts.
The automatic stay is the first process used by a law firm filing for relief under the bankruptcy code to stop debt collectors from mailing, calling and harassing you.
Debt Settlement Services
For people who have been unemployed or injured and are struggling with high credit card bills, debt settlement can be an option. Debt relief attorneys in Beltsville will work on behalf of your creditors to reduce the amount owed by up to 60% while negotiating reduced lump sums payment that fit into a manageable monthly budget for you, generally without any lawsuits from creditors!
Don’t let harassing phone calls keep bothering you at night when there is no need; stop wage garnishing as well since this takes away some earnings each month (and it’s illegal); also discontinue creditor lawsuits which will only cost more money down the line.
Adversary Proceeding & Litigation
The Phillips Law Offices can defend any challenge by your Trustee or Creditors in the Bankruptcy Court and help protect your right as an individual debtor against their attempts at interference with your right to a fresh start, while also ensuring orderly proceedings are followed through all steps necessary until final approval has been granted from courts allowing your discharge of debt to be entered.
