Is Chapter 7 Bankruptcy The Right Choice For You?

Facing overwhelming debt can negatively impact various areas of your life. From dealing with phone calls from creditors to facing the threat of losing your personal property through repossession, it is important to find a way to deal with your debt once and for all. For many consumers in Maryland, filing for bankruptcy is an appropriate and beneficial solution.

At the Law Offices of Marc A. Ominsky, LLC, our attorneys help our clients explore their options for filing for bankruptcy. Chapter 7 offers debtors the opportunity to receive a discharge of many of their debts. Our goal is to help you make decisions that will benefit your family and help you obtain a stronger financial future.

When you call our office at 443-537-9867, we can schedule you for a free consultation. During that consultation, you will meet with Marc, who will help you understand your options. Together, we will create a plan of action on how to move forward to give you financial peace of mind.

Understanding The Bankruptcy Process

The prospect of filing for bankruptcy can easily become overwhelming. The Law Offices of Marc A. Ominsky, LLC, understands this, and we are committed to providing Maryland applicants with one-on-one guidance and compassionate support for the entire Chapter 7 process.

People file for bankruptcy for many reasons, including job loss, a medical emergency, divorce, wage garnishment or another unexpected financial situation. If you qualify for Chapter 7 bankruptcy, you may benefit from understanding the following about this specific process:

  • We will protect as many of your assets as possible. You will most likely be able to keep a majority of your personal possessions. Therefore, scheduling a free consultation to meet with Marc Ominsky will be very helpful. During that appointment, he will go over how we can help to protect your assets.
  • Chapter 7 bankruptcy can lead to the eventual discharge of various types of consumer debt.
  • You will not lose everything by filing for Chapter 7, and you can achieve a better financial future.

There are strict eligibility requirements for Chapter 7 bankruptcy. The means test will evaluate your income, debts and other factors in order to determine if you are eligible for Chapter 7 bankruptcy. If you are not, there are other options available to you.

The Benefits Of This Choice

Filing for bankruptcy not only provides you a way to pursue a stronger financial future that is free from certain types of debt; it will also halt continued contact with creditors and other debt collection efforts. To learn more about Chapter 7 bankruptcy, call our Columbia office at 443-537-9867, or contact us here. We offer free initial consultations with a lawyer for bankruptcy cases.