Even with as much hard work as humanly possible, you can find your personal or business income unable to grow due to any number of circumstances beyond your control.

Let the Maryland bankruptcy attorney team at Frost Law help you secure a better future. Our individual and business bankruptcy experience with all types of chapter 7, 11 & 13 bankruptcy cases will help you get the advice you need for your fresh start.

Call (443) 545-3023 or fill out our brief form for a free consultation from experienced, dual-licensed tax attorneys & CPAs.

Reasons to Consider Filing for Bankruptcy

• You have a large number of bills, such as medical bills
• You’re withdrawing your retirement funds to pay bills
• Your home is in danger of foreclosure

No matter what your situation is, what’s important now is to protect your remaining assets and find a solution that makes sense for your situation. Let us help.

Which Chapter of Bankruptcy Am I Qualified for?

The most common chapters of bankruptcy include chapter 7, 11 & 13. We’d be happy to walk you through the whole process and get you on a fresh start.

Chapter 7 — Liquidation Bankruptcy

• Income less than the median income for a family your size in your state
• Doesn’t require a repayment plan
• Liquidates an individual’s property and then distributes it

Chapter 11 — Reorganization Bankruptcy

• Most often sought by large businesses, but also helps small businesses and individuals
• In charge of business operations under chapter 11 and not sell off all assets
• Repay over a set period

Chapter 13 — The Wage Earner’s Bankruptcy

• Gives individuals a 3 or 5 year repayment plan
• Saves your home from foreclosure

If you’re uncertain about how to navigate the bankruptcy filing process and which option is most suitable for you or your corporate interests, our bankruptcy attorney team can help you identify the path right for you and help make an informed decision on your best course of action going forward — whether that’s bankruptcy or another option for a fresh start.

Is Bankruptcy The Best Option for Me or My Business?

There are many factors involved in the bankruptcy and reorganization processes, so a simple “yes” or “no” isn’t possible. In some instances, such as tax controversy matters, there’re alternative avenues we can help you explore.

Complete the form or call (443) 545-3023 today to arrange a confidential, no-cost consultation with our skilled bankruptcy attorney team.

Based in the Maryland area, Frost Law serves clients across the country and around the world.