Maryland Bankruptcy Law Attorneys
If you are experiencing financial difficulties, you don't have to face them alone. At the law offices of Smith & Lyons–Schmidt, PC, our bankruptcy law attorneys helps individuals and businesses reorganize their debts by filing Chapter 7 or Chapter 13 personal bankruptcy or Chapter 11 business bankruptcy.
To learn more about bankruptcy law, please go to our Bankruptcy Law Information Center or choose a bankruptcy law link below. To schedule a consultation about your bankruptcy law concern, please contact our law firm today.
Legal Experience You Can Trust
Bankruptcy Attorneys Smith & Lyons–Schmidt, PC • 410–768–7105
In today's economy, the distance between a middle-class lifestyle and financial insecurity may be just a missed paycheck or two. The loss of a job or unexpected medical expenses can cause bills to mount up quickly, forcing people from all walks of life to consider bankruptcy as an option for regaining control of their financial lives.
Thorough Preparation, Personal Service
Our law firm has more than 20 years of experience with bankruptcy law, including business liquidations and adverse proceedings. Our success in this area of law is based on thorough preparation and personal service. Prior to the trustees' meeting, we meet with our clients three times and review every piece of documentation in their case.
The majority of bankruptcy cases are filed under:
- Chapter 7 personal bankruptcy – Also called liquidation bankruptcy, Chapter 7 allows individuals within certain income and asset limits to completely discharge their debts.
- Chapter 13 personal bankruptcy – This form of bankruptcy allows individuals with a regular source of income to establish a plan for repaying a portion of their debts, while retaining important assets.
- Chapter 7 business bankruptcy – Also called liquidation bankruptcy, Chapter 7 allows businesses which have stopped doing business to discharge their debts.
- Chapter 11 business bankruptcy – Businesses can continue to operate and repay some debts under a court-approved reorganization plan.
Stop the Calls from Creditors
As soon as you file bankruptcy, your creditors are prohibited from taking action against you. Take charge of your financial life. Contact a bankruptcy lawyer at Smith & Lyons–Schmidt, PC, today. From offices in Glen Burnie, we represent clients throughout Maryland.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.