A Baltimore bankruptcy, divorce and personal injury attorney with more than 18 years of experience.

A Fresh Start With Chapter 7 Bankruptcy

Are you overwhelmed by debt? The law office of Chad Edward Cos, LLC in Baltimore can help.

Our attorney has more than a decade of experience helping clients throughout the region obtain a fresh financial start through Chapter 7 bankruptcy and other debt relief solutions.

What Is Chapter 7 Bankruptcy?

Chapter 7 bankruptcy is what most people think of when they think of bankruptcy. If you qualify for Chapter 7 bankruptcy, you can usually discharge most unsecured debts, or debts that do not have any tangible assets that might be repossessed.

Unsecured debts can include:

  • Credit card debt
  • Unpaid medical bills
  • Personal loans or lines of credit

Sometimes, simply eliminating these types of debt gives clients the financial freedom to get caught up on other, more important debts such as the mortgage or a car loan. For this reason, many people who file Chapter 7 find they can keep their house and car. At our firm, we will proactively take steps to protect what matters most to you.

What Is The Means Test?

In order to qualify for Chapter 7, you must pass what is known as the bankruptcy means test. This “test” simply assesses your financial situation against the median income of other households in your area of Maryland. In general, if you make less than the median income, you will qualify to file Chapter 7 bankruptcy.

An Attorney Who Pursues The Right Bankruptcy Options For You

Depending on your living expenses and the nature of your debts, you may still qualify for Chapter 7 even if you make more than the median income. We will review your financial circumstances in detail to ensure all debt relief options available to you are considered, including Chapter 13 bankruptcy.

Our goal is to help you obtain the fresh financial start you need. Contact us by calling 410-449-4781 or 800-880-8864 toll free today for a free initial consultation with our firm’s experienced bankruptcy lawyer.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.