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CHAPTER 13 BANKRUPTCY

Let our Maryland bankruptcy lawyer help you save your home. If you are behind with your payments on your home and cannot catch up or are facing a foreclosure? Are you frustrated with the loan modification process? Do you feel like the mortgage lenders are not being responsive? Are you tired of submitting the same documentation over and over again with no results? Do you have valueless second or third mortgages that make your home a bad investment? Let our Maryland bankruptcy lawyer help you by filing a Chapter 13 bankruptcy. We can stop the whole foreclosure process and catch up your payments over five years. In some cases we can also get rid of valueless second mortgages. Chapter 13 allows you to restructure and discharge your unsecured obligations as well. This is a powerful tool that can help you preserve your home.

Chapter 13 Bankruptcy will eliminate or restructure all your debt so that after bankruptcy your finances will no longer be out of control. In many cases our Maryland bankruptcy Lawyer can:

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  • Catch up all arrears on your home mortgage or other property over a 5 year period.
  • In many cases allow you to strip off and eliminate valueless second and third mortgages.
  • Pay off taxes and eliminate some of the tax penalties.
  • Allow you to reduce the interest on car loans and in some cases reduce or “cramdown” the car loan to the value of the vehicle.
  • Provide protection for co-signers who have not filed bankruptcy.
  • Eliminate almost all unsecured (credit card, medical, etc.) bills.
  • In some cases stop evictions, repossessions and foreclosures.
  • Get your car or truck back if it has been repossessed.

Chapter 13 Bankruptcy will immediately stop foreclosure, garnishment and other creditor remedies.


Contact our Maryland attorney at Broumas Law Group for additional information about filing Chapter 13 bankruptcy.
 
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