What is Bankruptcy?

Bankruptcy provides assistance to individuals and businesses who have become overwhelmed with their finances, and are unable to pay their bills or other financial obligations. Waldorf Maryland Bankruptcy Attorney, Daniel J. Guenther, provides individuals and families with the financial relief they need to reclaim their finances, and have a fresh  start at life.

Bankruptcy is a federal court process that focuses on eliminating or restructuring a person’s debt. In the United States, the most common forms of bankruptcy available to businesses and individuals are Chapter 7 and 13 bankruptcy.

Why do you need a bankruptcy attorney in Maryland?

With over 25 years of experience, The Law Office of Daniel J. Guenther successfully represents individuals, families, and businesses, recover from their financial burdens. No matter how complex the situation, we are able to handle and prepare your bankruptcy case to receive your maximum benefit.

Filing for bankruptcy alone can be an overwhelming and stressful task. Bankruptcy and financial hardships are difficult situations that can take a large toll on a business or family. That’s why it is our goal to make each and every bankruptcy filing as stress-free and beneficial as possible. We are here for our clients, and will help you determine whether filing for Chapter 7 or Chapter 13 bankruptcy is your best option.

Maryland Chapter 7 and 13 Bankruptcy Lawyer

The Law Offices of Daniel J. Guenther want you to understand each process of the bankruptcy process. We will work with you in a dignified manner to assure your bankruptcy filing is easy, and stress free.

Bankruptcy falls under two categories: liquidation or reorganization.

Chapter 7 bankruptcy, also known as liquidation bankruptcy, occurs when an individual or business asks the court to discharge debts owed in exchange for their assets or properties.

Chapter 13 bankruptcy, also known as reorganization bankruptcy, occurs when an individual or business repays their debts in full, a percentage, or nothing at all. Your debt payments may be lowered to an affordable level.

Filing for Bankruptcy in Waldorf Maryland?

If you believe bankruptcy is a possible solution to your financial burdens, contact Waldorf Maryland Bankruptcy Attorney, Daniel J. Guenther, today. Find out whether filing for Chapter 7 or 13 bankruptcy is the right alternative for you. For a free consultation, call (301) 475-3106.