Family Game Night vs. Real-Life Bankruptcy:
Atkinson Law Can Help. We Are Family.
If you're having debt issues, don't try to go it alone. In this game of Life, bankruptcy is more serious than a game of Monopoly. It's one thing to overextend your credit on family game night, but to do it in the real world can lead to more than headaches from bad real estate deals. If you're facing mountains of debt with the only foreseeable solution being bankruptcy, you need the advice of Atkinson Law.
We have extensive experience in bankruptcy cases, primarily Chapter 7 and Chapter 13. We take money issues seriously. Our lawyers know the ins and outs of the Maryland bankruptcy laws and we can advise you or your small business about the best course of action for your situation.
If you're feeling overwhelmed by debt and feeling like you can't get ahead of the bills, take a financial inventory. Make a list of all your debts and the amounts. Then take a look at the assets that you have as well as your monthly income. If the debt outweighs the assets, then you probably need to talk to a bankruptcy lawyer like the experienced legal professionals at Atkinson Law. Talking doesn't necessarily mean declaring bankruptcy. It means learning your options. At Atkinson Law, we take your case personally. We learn as much as we can about your situation, then we try to give you some options.
You don't need to be nervous or embarrassed about your debt. We understand that you can get behind on your payments, or you have some enormous medical bills, or your job got cut and you can't meet the mortgage. We offer a non-judgmental environment and an empathetic ear. We'll work toward the best solution possible. We handle two types of bankruptcy:
Chapter 7 Bankruptcy: This form of bankruptcy liquidates your assets and uses the money to pay your creditors. As long as you remain current with the payments on the assets you want to keep (such as your home or car), you may be able to keep them.
Chapter 13 Bankruptcy: This is more of a “reorganization” of debt. Chapter 13 Bankruptcy lets you pay off your debts over a period up to five years, and still keep your property or your possessions. However, the Court must approve your repayment plan and your monthly budget.
If you need legal advice about bankruptcy, you can get that professional, yet personalized touch with us. At Atkinson Law, we are family. Our best recommendations will be based on knowing about all your assets, including material possessions. That house in Aruba does, in fact, qualify as an asset, even though it's out of the country. That full-length mink coat and designer handbag qualify as assets.
Our goal is to help you get a ruling that will get you out of debt the best way possible. We may recommend a payment plan to keep it out of court. Or, we may have to tell you that there's no other way than straight bankruptcy. We won't know until we hear all the facts. We won't know until we've uncovered every aspect of your financial picture through our meticulous attention to detail.
When it comes to bankruptcy and facing trustees and creditors, you can count on Atkinson Law.
We are family. We win at family game night.