Chapter 7 Bankruptcy Cases in Frederick, Hagerstown, & Silver Spring, MD
Eliminating Your Debt Through Chapter 7
What is Chapter 7 bankruptcy? As one of the most common forms of bankruptcy, Chapter 7 is known as the debt liquidation section under the United States Bankruptcy Code. This allows a debtor to eliminate a large portion of his or her debt in a relatively quick manner by liquidating assets. Furthermore, many of the unsecured debts are wiped away during this process, giving an individual more funding available to pay any overwhelming debts that they may be behind on.
If you believe that you will qualify for Chapter 7 bankruptcy, do not hesitate to call me, bankruptcy attorney David Cahn. I have many years of experience in handling these types of cases and I am ready to guide you through the process of Chapter 7 bankruptcy today.
The first step in filing Chapter 7 bankruptcy is to file your petition with the court. There will be administrative and filing fees that are due at the time, but your attorney may be able to negotiate a deal with the court to have these fees paid in installments over a period of 120 days. Once all of the required documents are filed with the court with your attorney's assistance, you will be able to move forward with the bankruptcy process.
Having an attorney at your side during this entire procedure will be one of the most important aspects of your case. Failing to hire an attorney will be extremely disadvantageous for your case, and may even prove to cause you even more financial turmoil in the end.
Experienced Bankruptcy Lawyer Serving in Silver Spring, Frederick, & Hagerstown
At The Law Office of David Cahn, I strive to assist my clients through some of the most upsetting Chapter 7 bankruptcy cases. Once you have passed the means test and qualified for bankruptcy, you will be well on your way to pursuing a debt free future. With my help, you may find the financial freedom you have always desired.
Call me today to find out more about Chapter 7 bankruptcy and how my firm can help!