The Best Bankruptcy Lawyer in Baltimore

Richard Hackerman is an experienced bankruptcy attorney in Baltimore, Maryland, who can help you understand your situation and act accordingly to avoid further problems in the future. A lot of people think that filing for bankruptcy is a shameful thing to do.

This is expected because who can ever accept admitting they have reached the end, or declaring that they have exhausted all their life savings without being aware of it? Nevertheless, when faced with the inevitable, you have to deal with it and do something about it.

If you are hesitant to file for bankruptcy because you are unsure as to how to go about it, you need the services of an expert – a bankruptcy attorney in Baltimore, Maryland who is knowledgeable about the legalities involved in such proceedings and can confidently assist you in completing the process.

Out here in Baltimore, Maryland, one lawyer most residents have come to trust is Atty. Richard Hackerman, who specializes in business law. He has detailed knowledge on business law coupled with strong communication skills and negotiation tactics. He has been helping taxpayers and businesses of all sizes in dealing with issues they face in the field. Richard Hackerman is one of the best bankruptcy lawyers here in Baltimore, Maryland, and he is ready and willing to be of help to you in any bankruptcy issue you are facing.

Practice Areas:

• Chapter 7 Bankruptcy
  Chapter 7 is designed to help individuals and/or businesses liquidate assets and repay creditors to resolve financial issues. You do not necessary lose all of your assets. A Chapter 7 Bankruptcy is administered by Trustees appointed by the Bankruptcy Court.
• Chapter 13 Bankruptcy
  Chapter 13 bankruptcy in Baltimore allows indebted individuals with regular income streams to retain some or all of their assets during the bankruptcy process. In a Chapter 13, some creditors are paid through a trustee appointed to maintain a debtor’s bankruptcy estate.

At Maronick Law LLC, our legal professionals are committed to making a positive difference in the lives of our clients, regardless of the complexity of their situation. We devote our practice to matters that can have a profound impact on individuals and their families, including criminal law, family law, bankruptcy and personal injury matters.

The issues you are facing can be emotionally complex and financially draining. We use our awareness of this as we work to ease our clients’ worries as much as possible all over Maryland. We tailor our representation to the specific needs of our clients while remaining consistent, responsive and accessible. Our Baltimore lawyers guide our clients to the best outcome possible by giving them the information they need to make educated decisions about their future.

When handling a criminal law, family law or personal injury matter, we prepare thoroughly for the possibility of trial in each case. Thorough trial preparation not only gives our clients the best opportunity for obtaining favorable outcomes, but it also sends a strong signal to the prosecution or opposing counsel that we mean business. When it is necessary to fight for our clients in the courtroom, we are always thoroughly willing and prepared to do so.

When helping clients who are struggling with debt problems, we take time to carefully examine their financial history and future goals as we determine the best course of action. In some cases, a debt negotiation and settlement can help our clients obtain the critical debt relief they are seeking. When that is not possible, we can seek the debt relief our clients require through a Chapter 7 bankruptcy filing or Chapter 13 bankruptcy.

Our attorneys have broad knowledge, experience, and sensitivity to our clients’ unique needs. Through interaction among our practice groups, Lewis Brisbois provides a wide range of legal services to each client with a continuity of representation across multiple disciplines. We have built longstanding relationships with corporate and institutional clients based on our ability to provide comprehensive service on a national scale.

At Lewis Brisbois, diversity is an integral part of our firm culture and our daily life. When we opened our doors over 40 years ago, we knew that one of our top priorities was to hire the best attorneys, staff, administrators, assistants, and clerks in every city where we opened an office. This core principle of our firm’s culture has resulted in our unique and valued diversity. We are proud to have a highly diverse firm comprising more than 3,000 people across the nation.

The success of this approach is reflected in the fact that Lewis Brisbois has repeatedly received national recognition for its commitment to embracing diversity. Lewis Brisbois is committed to hiring and retaining a diverse group of talented lawyers and staff, and demonstrates that commitment through non-discriminatory hiring, retention and promotion policies. The diversity of Lewis Brisbois’ client base is matched by the diversity of our attorneys and staff.

With offices from Los Angeles to New York and Seattle to Miami, our attorneys reflect the communities in which they live. Lewis Brisbois’ culture has fostered a diverse group of professionals committed to promoting the best interests of our clients, our communities and the legal profession. We support diversity in communities across the nation through new and ongoing relationships with minority and women-owned businesses.

A bankruptcy filing will stop a foreclosure proceeding. The Court will issue an order stopping all creditors from trying to collect their debt and also, all lawsuit, from going forward. A foreclosure will be stopped under Court order. If you have a home equity loan or second mortgage, there may also be the possibility of eliminating your second mortgage.

This is known as lien stripping. To be able to advantage of this, the value of your home must be less than what you owe on your first mortgage, in other words, you are upside down on your home. There are several types of debts, secured and unsecured. A secured debt is one where you have put your property up as collateral, for example your home mortgage or car loan.

Unsecured debt, is where there is no collateral or lien on property, for example, credit card debt or loans from family or friends. Unsecured debt is usually higher risk with higher interest rates. Installment loans, such as student loan are also unsecured debts.

Bankruptcy filing can totally eliminate, partially eliminate, or not eliminate your debt. Student loans are generally not able to be eliminated with a bankruptcy filing, although there was a recent and rare case in which the Courts recently found the student loans were discharged for a disabled woman who could not find employment due to her developmental disability.

If you have not been able to pay your bills, or you have an account that you are disputing, but the creditor continues to try and collect, you may be subject or harassing phone calls, you may be getting letters in the mail, and a lawsuit may have been filed against you. All of these things are very stressful. Garnishments of wages may be threatened or assessed. Bankruptcy filing can stop these proceeding.

Dealing with financial problems can be stressful. An experienced attorney can provide you with useful information to help you decide on the best course of action to ease those problems. This website gives a general outline of how bankruptcy works. Changes to the U.S. Bankruptcy Code which took effect on October 17, 2005 have placed some limits on filing bankruptcy.

The most important change depends upon whether a debtor earns more than the median income in the County in which he or she resides. People who earn under this amount can usually file bankruptcy just as they would have under the old law. Those who earn more than this amount may still file bankruptcy. However, they must complete a complicated form setting out their income and expenses to determine what type of bankruptcy relief they are eligible for.

Practice Areas:

• CHAPTER 7 BANKRUPTCY
  Chapter 7 bankruptcy is a liquidation program. The U.S.
  Bankruptcy Court appoints a Trustee to gather all property and assets of a Debtor, sell them, and pay off the creditors to the extent funds are available. However, State and Federal laws permit debtors to keep a certain amount of assets during bankruptcy. Usually, a person filing Chapter 7 bankruptcy can keep most or all of his or her assets.
• CHAPTER 13 BANKRUPTCY
  Chapter 13 bankruptcy is a Court ordered repayment plan. Creditors may object to the terms proposed by a Chapter 13 plan, but it is up to a Judge to decide whether those objections are legally sound. If a proposed plan meets the requirements of the U.S. Bankruptcy Code, a Judge will require creditors to accept its terms.

We at Grossbart, Portney & Rosenberg, P.A. know you do not want to file bankruptcy, but you will be pleased that you contacted us. We have developed a concentration in handling chapter 7, 11, and 13 consumer bankruptcies and negotiating small business financial cash flow/liability problems. Since we opened our doors in 1989, we have helped over 10,000 people, from all walks of life, get back their financial health and a fresh start.

Services:

• Mortgage Litigation
  Mortgage servicers have engaged in abusive and illegal behaviors, often against those who have claimed Chapter 13 Bankruptcy. Borrowers become victims of these unconstitutional occurrences, further exacerbating financial distress and hardship.
• Chapter 13 Bankruptcy
  Chapter 13 debtors use this provision of the Bankruptcy Code to protect your assets from foreclosure or repossession or garnishments or stopping a civil lawsuit.
• Chapter 7 Bankruptcy
  Chapter 7 debtors want to protect as many of their assets as possible and get the fresh start they need.
• Small Business Bankruptcy
  The Small Business Reorganization Act of 2019 created Subchapter V in Chapter 11 of the Bankruptcy Code. To qualify, your debts may not exceed $2,725,625 (The Cares Act raised this number to $7,500,000.00). This new law helps streamline the restructuring process.
• Fair Debt Collection Practices Act (FDCPA)
  The FDCPA protects debtors from abusive debt collection efforts that may include harassment, speaking to unauthorized individuals, or using inappropriate language.

Our attorneys practice primarily in the areas of commercial matters (including lawsuits and disputes), employment law, intellectual property, bankruptcy, administrative litigation, and insurance law matters. We represent many clients in matters throughout the United States in conjunction with local counsel, where appropriate.

Also, we advise and serve as local counsel for non-Maryland counsel in matters involving Maryland law or which are pending before Maryland courts and administrative agencies. We represent both employers and senior executives in trade secrets and non-competition covenant litigation.

Our representation includes pre-litigation planning, obtaining and defending against temporary restraining orders, preliminary injunction hearings, arbitration proceedings, and trials on damages. From customer lists, research and development, pricing information and marketing techniques to production methods and beyond, we help safeguard our clients’ proprietary information.

We regularly draft standard form service agreements for use by many of our clients. We likewise review, draft, and negotiate a range of service agreements in a variety of business and professional sectors.

Practice Areas:

• Creditors’ Rights: We routinely assist banks, federal credit union, landlords, and other types of companies with protecting their financial interests both inside and outside of the bankruptcy process.
• Restructuring Debt and Asset Protection: We assist both corporate and individual debtors with restructuring their debts and protecting their assets both inside and outside of bankruptcy protection.

The firm of Gebhardt & Smith LLP was founded in Baltimore in 1975 by two young attorneys, Larry Gebhardt and Jim Smith, who met while working as associates at a prominent Baltimore law firm. They had no clients, no business, and little experience, but they had determination and the goal of building an aggressive, result-oriented firm to provide legal services to financial and business clients.

They built their firm from scratch by identifying and recruiting hardworking, talented attorneys who shared their goals and by attracting a diverse clientele of financial institutions and business clients.

The firm continued to grow steadily over the next forty years, focusing upon the practice areas of lending and business transactions, bankruptcy and creditors’ rights, and litigation. Gebhardt & Smith LLP became known for its exceptional service, prompt turnaround and determination to accomplish the needs of the firm’s clients in an aggressive and cost-efficient manner.

The Gebhardt & Smith LLP client focused culture continues to this day. It is clients that have always mattered the most to its founders, and they and the other attorneys in the firm have dedicated their careers to the providing of truly excellent client service.

More than forty years have passed since the founding of the firm, and Gebhardt & Smith LLP has blossomed into a vibrant and sophisticated commercial and business practice with offices in four states representing international, national and locally based clients but still holding true to the unique culture created by its founders.

DLA Piper is a global law firm with lawyers located in more than 40 countries throughout the Americas, Europe, the Middle East, Africa and Asia Pacific, positioning us to help clients with their legal needs around the world. We strive to be the leading global business law firm by delivering quality and value to our clients. We achieve this through practical and innovative legal solutions that help our clients succeed. We deliver consistent services across our platform of practices and sectors in all matters we undertake.

Our clients range from multinational, Global 1000, and Fortune 500 enterprises to emerging companies developing industry-leading technologies. They include more than half of the Fortune 250 and nearly half of the FTSE 350 or their subsidiaries. We also advise governments and public sector bodies.

Our Global Scholarships programme supports outstanding law students in developing countries reach their potential and contribute to the rule of law in their communities. And our Head Start initiative aims to improve equality of opportunity and break down barriers faced by under-represented groups when entering the legal profession.

Over the course of our six-year partnership with UNICEF, we have pledged $7.5 million through fundraising and pro bono legal support to improve child justice and protect children’s rights worldwide.

We are proud to be signatories of the United Nations Global Compact (UNGC). Our support for the initiative underlines our commitment to responsible business. Read our latest sustainability report.

DLA Piper strives to be a leader in environmental sustainability, undertaking initiatives to reduce the environmental footprint of its business activities in line with our Global Environmental Policy. For a summary of our firm’s annual global carbon emissions, please see our Global Carbon Footprint Baseline Report.

Financial hardship is extremely stressful, regardless of its causes. No matter how hard you try to change course, you may feel you are trapped on a one-way street. Some people hesitate to claim bankruptcy to avoid its stigma. But when you’re overwhelmed with debt, you have far more to gain than lose by filing for bankruptcy. And there is no reason for friends, family, or colleagues to ever know about it. As for financial stigma, claiming bankruptcy can impact your credit score, but you’d be surprised how fast you can bring it back up again.

Congress created the bankruptcy option to help hard-working citizens such as yourself deal with life’s inevitable complications. A successful bankruptcy claim will eliminate or consolidate your debt, allowing you to get a fresh financial start. Don’t hesitate to exercise your legal rights. There is hope, and you don’t have to go it alone. An experienced bankruptcy attorney can put you back in control of your finances and get you started on your recovery.

There are two types of bankruptcies you can choose from—Chapter 7 and Chapter 13. The option that is right for you will depend on your financial status. A Chapter 7 bankruptcy yields a full forgiveness of debts when the debtor has few or no assets and/or a very low income. A Chapter 13 bankruptcy allows higher-income debtors to hold on to their property and assets while they slowly pay off creditors.

Both Chapter 7 and Chapter 13 bankruptcies can stop creditor harassment, protect against foreclosures, wipe out credit card debt, discharge debt due to divorce, eliminate medical debt, consolidate alimony and child-support payments, prevent wage attachment, provide tax-debt relief, and allow you to rebuild your credit.