Looking at a debt option like bankruptcy, you may be a little stressed out about what that means for you and what it is that you may be trying to work out in the meantime. How can you be sure that you’re doing what is best? Can you find a bankruptcy maryland lawyer that is going to be able to give you a hand? And how can you make the process a little simpler in the first place?
· If you really want to pay off your debts, instead of just having them removed from your record, then a Chapter 13 Bankruptcy is good for you. In these cases, you just need some help and protection from the court system in order to be able to pay your debts off in peace and without extra stress.
· In Chapter 13 Bankruptcy, you can include debts that you aren’t allowed to include in a Chapter 7 Bankruptcy. This can include student loans and tax obligations. Then, you can pay them over a period of time instead of having to pay them off frantically while dealing with your bankruptcy.
· In Chapter 13 bankruptcy, you can sort out missed payments and go back to your original contract when you’re dealing with things like a mortgage, car, or something else that you want or have to pay for over time. This gives you flexibility and protects you from losing any property in the process of filing for bankruptcy.
If this sounds like a list of things that would work for you, then you may be better off filing for a chapter 13 bankruptcy. Talk to your lawyer and see what they recommend so that you can move forward and get the help you need for the future.