We Can Make A Difference for You Or Your Business

Qualifying for Chapter 7 Bankruptcy in Rockville, MD

Chapter 7 Bankruptcy Lawyers in Maryland

It is the mission of The Kurland Law Group, to assist people and companies in resolving financial difficulties. Chapter 7 bankruptcy is an effective legal remedy for Marylanders who are drowning in debt.

Through Chapter 7 bankruptcy, our law firm can assist you in making a new start. For a legal consultation, call 301-804-0625 to speak with one of our competent bankruptcy attorneys.

What Is Chapter 7 Bankruptcy and How Does It Work?

Bankruptcy courts and laws were established by the United States government to help individuals and businesses resolve their obligations. All parties engaged in a dispute are protected by these courts and laws. 

Any unsecured debt is discharged in a Chapter 7 bankruptcy (i.e. credit cards, personal loans, bills, etc.). To meet the requirements of Chapter 7, a trustee must gather and sell non-exempt assets. The trustee will allocate any exempt monies to you and the debtor. Liquidation trustees take a cut of the net revenues before paying off any debts owed to their creditors.

All of your duties under Chapter 7 cannot be waived. The following are debts that you can’t get rid of:

  • Alimony
  • Taxes 
  • Child support
  • Restitution
  • The majority of student debt

How Do I File for Bankruptcy Under Chapter 7?

You have the option of filing for Chapter 7 bankruptcy in federal court. It all starts with filling out a mountain of paperwork that requests personal information as well as specifics about your employment, income, disability insurance, taxes, and other financial obligations.

Because the paperwork is time-consuming, many experts recommend that you hire an attorney to help you file for Chapter 7 bankruptcy. Because there are so many moving parts, accuracy is critical to ensuring a smooth and successful operation.

Assess your assets’ seizure-free status. This step is handled by the Maryland District Bankruptcy Court. First, you must file a two-page petition with your schedules (a slew of papers).

Having an attorney by your side might help you have your request approved by creditors and the court. If everything goes according to plan and your financial condition improves, you won’t have to worry about losing any of your assets.

However, there are a few reasons why Chapter 7 bankruptcy may be denied:

  • Dishonest claims
  • Concealing one’s income
  • Transferring, relocating, or hiding property
  • Failing to complete the two financial education courses mandated by the court
  • Using a credit card while you’re filing for bankruptcy

Benefits of Chapter 7 Bankruptcy

Debt relief may be achieved via a Chapter 7 Bankruptcy, which can put your finances back on track. Among the benefits of Chapter 7 bankruptcy are:


Paying your debts quickly and properly is an option that might help you avoid bankruptcy. If you apply for Chapter 7 Bankruptcy, you are not compelled to return any of the qualifying debts. You don’t have to be concerned about repaying any of your debts (such as credit card obligations or personal loans).


As long as you have the assistance of an attorney, most Chapter 7 bankruptcy cases may be completed in less than six months.


To prevent your debtors from harassing you or seizing your property, you must petition for bankruptcy protection with the court so that the automatic stay can be activated.


Not all assets must be liquidated while filing for Chapter 7 bankruptcy. To ensure that you may keep the things that are most essential to you, the law contains exemptions.


If you file for Chapter 7 Bankruptcy, you may start again and rebuild your credit rating.

Bankruptcy As An Option To Resolve Your Financial Issues

The Kurland Law Group focuses its practice on helping individuals, families, and businesses recover from the overwhelming burden of debt. The firm’s attorneys are committed to providing the highest levels of service and communication. You won’t find the firm to be “just another” bankruptcy law firm. You will get personalized client service, attention to detail, and an honest commitment to help you transform your financial future.

How Does Chapter 7 Bankruptcy Affect Your Credit?

For seven to ten years, a bankruptcy will appear on your credit report, permanently damaging your credit score. In the aftermath of bankruptcy, it will be more difficult to reestablish credit. Chapter 7 bankruptcy is substantially more expeditious than Chapter 13 bankruptcy. Once you’ve filed for Chapter 7 bankruptcy, creditors won’t bother you with phone calls or lawsuits again. All things considered, being in debt has its advantages!

You may be eligible for Chapter 7 bankruptcy, but is it the right choice for you?

If you have a lot of unsecured debt and little assets, you’re more likely to file Chapter 7 bankruptcy than Chapter 13. These debts may be discharged in Chapter 7 bankruptcy by selling all assets.

Reaffirming certain secured debts, like your car, furniture, or home, may help you keep them. You may be required to sign a voluntary “Reaffirmation Agreement” to keep these debts.

Your pre-bankruptcy obligations still apply. If you do this, you will still owe the money and must repay it.

Consulting a local Chapter 7 bankruptcy attorney is the best way to determine whether Chapter 7 is correct for you. With the help of a competent attorney, determine whether Chapter 7 bankruptcy is right for you.

Bankruptcy Lawyers in Rockville, MD 

Debt may make you feel powerless since it poses a danger to your financial future as well as the well-being of your family. It is not necessary for you to deal with your financial issues on your own when you hire Kurland Law Group to assist you.

Our bankruptcy attorneys have assisted clients in identifying and implementing effective solutions to severe issues. We have represented individuals, families, and businesses in a broad spectrum of bankruptcy proceedings, and we have had considerable success in doing so. Consult our competent bankruptcy attorneys to discover a way out of debt and put your financial problems behind you. 

Kurland Law Group

Get the Help You Deserve. Contact Us Today

rockville bankruptcy lawyers

View My
Avvo Profile

sari kurland avvo
Kurland Law Group
211 Jersey Lane Rockville, MD 20850
(301) 424-2834Map/Directions
rockville bankruptcy attorney map

Get the Help You Deserve. Contact Us Today

Footer Form
Copyright © 2021 Sari Kurland Bankruptcy - All Rights Reserved | Powered by Advantage Attorney Marketing & Cloud Solutions