Largo, Maryland Chapter 7 Bankruptcy Attorney

Respected Bankruptcy Lawyer Helping You File for Chapter 7 in Largo, MD

When you have too many bills and not enough money to pay them, the stress can be overwhelming. Getting behind on your payments or paying only the minimum amounts means that stress is going to stay with you for a long time—unless you take decisive action. Debt relief may be available in many forms, but the same solution will not work well for everyone. If you believe bankruptcy may be the best choice, you need a skilled lawyer to provide you with sound advice and legal representation based on your best interests and goals.

Not just any lawyer can handle your case properly. At Bloc One Services, LLC, we have the financial and legal knowledge necessary to guide you toward the best decisions for your situation. We understand how devastating constant financial struggles can be, so we are not judgmental. We truly want to help you take charge of your finances and future with Hope. We are proud to provide exceptional legal services without overcharging our clients.

You Are Not Alone if You Are Considering Chapter 7 Bankruptcy in Largo, Maryland

Hundreds of thousands of bankruptcy cases are filed every year in the U.S. You may be embarrassed by your financial position, thinking you have failed. However, financial strain can happen for many reasons, and bankruptcy is a good way to deal with your debt and make sure you can move forward on a more stable financial footing.

Many people wonder if "everyone" will know they filed for debt relief through bankruptcy. Although there are court records that are technically public, most people have no need to search through these records on the off chance that someone they know has filed for bankruptcy. Your filing may appear on background checks, but those are usually made for specific reasons, such as employment. The chances are that unless you tell someone you filed for bankruptcy, they will never know.

Some debtors may not be eligible for Chapter 7 bankruptcy. If that applies to you, you have other options. Chapter 13 bankruptcy or debt settlement may be a more attractive choice.

Some types of debt, like child support or spousal support arrears, student loans, and taxes, usually cannot be eliminated through bankruptcy. However, filing can eliminate other debts, giving you the funds you need to make ongoing payments and satisfy your obligations.

What You Need to Know About Chapter 7 Bankruptcy in Largo

If you think Chapter 7 might be right for you, there are several things to consider. Attorney Hope Blocton will fully explain the pros and cons and help you decide. Chapter 7 highlights include:

• Most creditors must halt collection efforts and other legal actions against you immediately after you file for bankruptcy.
• Your dischargeable debts will be eliminated when your case is complete.
• The trustee may take possession of and sell some of your assets, but much of what you own may be exempt.
• The process usually lasts for around six months.
• Your bankruptcy will stay on your credit history for up to a decade, but the effects will diminish after the initial impact on your credit score.
• If you do not pass the means test, you are ineligible for Chapter 7.

We understand you will have questions. Attorney Blocton is always available to answer them.

Call Our Largo Chapter 7 Bankruptcy Lawyer

At Bloc One Services, LLC, we know you have many attorneys to choose from. You can count on us to provide exceptional representation that will protect your interests, and we do not overcharge for our services. We offer a 30-minute consultation free of charge, so arrange for yours today. You can contact us online through a confidential message or call us at 240-200-0076.