Chapter 7 & Chapter 13 Bankruptcy
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Welcome to maryland bankruptcy lawyers

We specialize in providing our clients with customized solutions to their problems, no matter how simple or complex

During the economic downturn in 2008 the Norman Law Firm was here, and we helped hundreds of individuals, small businesses, and families who experienced distress because of the great recession. We helped homeowners save their homes, modify their mortgages, and where needed helped debtors reduce, eliminate, and/or restructure debt.

With the current environment brought on by the coronavirus pandemic, we are available again to help you with your debt issues and see you through this difficult and challenging time when income is uncertain, and debts are overwhelming.

We leverage our experience, and after evaluating your financial and debt situation, we only recommend bankruptcy as a final option, if other less drastic measures will not work, or if a fresh start is desired.

Call us today if you are feeling stressed about your financial situation.  Our first telephone consultation is free, and we can normally get a good sense of your overall situation, so we can make a recommendation about how to move forward.

We are experienced at assessing a client’s financial situation, understanding their opportunities, and developing the most effective strategy for their particular financial circumstance.

For debtor clients, we have extensive experience in managing crises, restructuring debt, Chapters 7 and 13 Bankruptcies, assignments, ordered liquidations, strategic partnerships, mergers, acquisitions, and other exit strategies.  

For creditor clients, we pursue debtors through the bankruptcy process, obtain non-dischargeable judgments, and defend in bankruptcy preference actions.

We specialize in providing our clients with customized solutions to their problems, no matter how simple or complex.

Get 100% free telephone consultation!

We've made it super easy to get the process started.
Limited time offer
What we are good at

Bankruptcy Services

Representing Debtors

We have extensive experience in managing crises, restructuring debt, Chapters 7 and 13 Bankruptcies and much more.

Bankruptcy Cases

Prosecuting and defending bankruptcy-related causes of action, such as preferences, fraudulent transfers, lien avoidance actions and non-dischargeability claims.

Motion Relief

Prosecuting and defending relief from stay motions, cash collateral motions and adequate protection proceedings.

Debtor-in-possession Financing

Providing and obtaining debtor-in-possession financing.

Reorganization

Negotiating, objecting to and prosecuting Chapter 13 plans of reorganization.

Claim Objections

Prosecuting and defending claim objections.

High level of competence

Our experience will help you manage the best way forward

We are experienced at assessing a client’s financial situation, understanding their opportunities, and developing the most effective strategy for their particular financial circumstance. For debtor clients, we have extensive experience in managing crises, restructuring debt, Chapters 7 and 13 Bankruptcies, assignments, ordered liquidations, strategic partnerships, mergers, acquisitions, and other exit strategies.

Make every detail perfect and limit the number of details to perfect.

If you call our offices for a FREE telephone consultation you will speak with a bankruptcy attorney who will learn about your exact circumstances and provide tailored advice.

Elton Norman, Esq.

Founding Partner

Need professional bankruptcy consultation?

Contact us for a 100% FREE telephone consultation! We are looking forward to help you get past this challenge.

Meet our leading specialists

One of the hardest working group of professionals in bankruptcy law

The professionals at Maryland Bankruptcy Lawyers are tireless in their efforts to ensure the best possible outcome for your specific situation.

"We won't leave any option off the table when it comes to protecting your finances and assets."

Joseph A.L.
Thomas

Esquire of Counsel

"We find the most pragmatic solutions to help ensure that your business will endure throught this process."

Miriam
Anderson

Business advisor

"I have yet to see a problem that we couldn't solve with best practice solutions and good ol' elbow grease."

Diana
Fishman

Accounting specialist

01.

Experienced
specialists

We’re not new to this. We have a wealth of experience and proven case studies that help us to have the best outcome.

02.

Stable & predictable results

Because we know the law inside and out, we don’t waste time with options that don’t go anywhere.

03.

One size doesn’t fit all

We are experienced at assessing a client’s financial situation, understanding their opportunities, and developing the most effective strategy for their particular financial circumstance.

Communication

Your outcome is our priority!

Personalized Solutions

Your case is specific and individual. We will treat it as such.

Consistent Communication

You won't have to wonder what we're doing on your behalf since we have tools to stay connected.

Easy Terms

We are here to work with you in any situation and with any circumstance.

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Community Awards
Free consultation

Quick analysis of your situation

Please fill out the information above and we will send you a questionnaire.

what are my options?

Consider these options before starting the process:

Chapter 7 vs. Chapter 13: Which one should you file under?

For individuals filing bankruptcy, there are two main chapters available, namely Chapter 7 and Chapter 13.

Chapter 7 is a total liquidation.

Under this chapter, all of your non-exempt debts can be completely wiped away. Debts that will usually not be erased by a Chapter 7 filing are student loans, certain taxes owed, child support obligations, and debts secured by property like your home or car. Debts that are discharged include, but are not limited to, credit card debts, medical expenses, most judgments, income tax debt older than 3 years and sums owed after a repossession or foreclosure. In order to file Chapter 7, you must qualify under the new bankruptcy laws that took effect in 2005. Essentially, your gross yearly income must be at or below the median income for your state.

You can only file Chapter 7 Bankruptcy once every 8 years.

Once you file Chapter 7, you will not be able to refile for another eight years. Filing for Chapter 7 should thus be carefully contemplated. If your total debt amount is low—under $10,000, for example—our office would advise you not to file bankruptcy, as it may be within reach to organize a workable plan to pay off such an amount.

Chapter 13 bankruptcy is a repayment plan.

Here, you must submit to the court a repayment plan which details how you will pay back your creditors over a 3-5 year period. Because you not only repay a considerable amount of money but still incur a bankruptcy on your credit report, a Chapter 13 remedy is generally less liked. If, however, you have a home which you wish to save from foreclosure, Chapter 13 may be preferred, as it affords a wider range of remedies in this case.

Because the analysis of which Chapter to file under is a detailed task, again, we highly recommend that you speak with one of our bankruptcy attorneys who can offer more case-specific advice. Do not hesitate to call our offices for a FREE telephone consultation at 301-588-4888, and receive top-notch personalized legal counsel.

I’m so happy that I went through this decision with proper guidance from Maryland Bankruptcy Lawyers.

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Gregory F.

We were able to save all of our assets during our corporate restructure, all thanks to these great people.

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Mark R.

I used to think this was a last ditch effort. Instead I was shown that this was my best possible solution.

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Diana Wildfire
Contact info

We are here to help!

Drop us a line

Any questions? We looking forward to hearing from you!

Call us

(301) 588-4888

Mail

info@mdbankruptcylawyers.com

MAIN OFFICE LOCATION

8720 Georgia Aveue, Suite #1000
Silver Spring, MD 20910

HOURS OF OPERATION

  • Monday 9 am - 5 pm
  • Tuesday 9 am - 5 pm
  • Wednesday 9 am - 5 pm
  • Thursday 9 am - 5 pm
  • Friday 9 am - 5 pm
  • Saturday CLOSED
  • Sunday CLOSED