Best Bankruptcy Lawyers in Frederick, MD

Like all other collection actions, foreclosures are stopped when a bankruptcy is filed. How long the foreclosure will be stopped is another story, and it depends on the type of bankruptcy you file. Many of our clients who want to keep their homes opt to file a Chapter 13 bankruptcy which allows them to stop the foreclosure and repay their past due payments. Other folks who need to file bankruptcy for other reasons may file a Chapter 7 bankruptcy in order to delay a foreclosure. This can allow them time to move or make other arrangements with their home lender.

Yes. Many consumers mistakenly believe that they have no rights once their wages are garnished. Even if a garnishment has already started, you can stop it with bankruptcy, and in some cases, you may be able to recover a portion of the wages already garnished. In addition, under most state laws, there are limitations on how much your wages can be garnished. In West Virginia, if your wages are below a certain level, you may be able to stop a garnishment by filing an Affidavit of Exemption with the Court.

While bankruptcy can get rid of most debt, there are a few types of debts that bankruptcy cannot discharge. The common non-dischargeable debts include student loans, most taxes, and alimony or child support. There are others, but these three are the most common. Most consumers use bankruptcy to get rid of credit cards, medical or hospital bills, and other debts that have been turned over to credit collection companies.

There are actually several types or chapters of bankruptcy, with Chapters 7, 13, and 11 being the most common. At Hinkle Law, we focus our practice on consumer or non-business bankruptcies. For consumers, Chapters 7 and 13 are the most common types of bankruptcy.