Silver Spring, MD, Bankruptcy Lawyers
Silver Spring, a vibrant city known for its colorful murals and dynamic performance venues, offers a lively cultural scene. However, it's important to acknowledge that the city also has a high cost of living. This aspect can be particularly challenging for individuals and families already navigating the rough waters of financial troubles.
At Sanchez Garrison & Associates, we recognize the heavy burden that financial challenges can place on your shoulders. That's why our team of dedicated bankruptcy lawyers in Silver Spring is committed to offering not just legal service but also compassionate service and knowledgeable advice tailored to your unique situation.
To learn more about how our bankruptcy attorneys in Silver Spring, MD, can assist you, dial (410) 406-7372 or fill out our online form. We offer free consultations.
Bankruptcy Services We Offer
With over 50 years of combined experience in the field, our firm has developed a deep understanding of the complexities surrounding bankruptcy law. We are equipped to guide you through every step of the process, keeping you well-informed and confident in your decisions.
Our services include the following:
- Chapter 7
- Chapter 13
- Debt reorganization and repayment
- Creditor harassment
- Repossession
Trust in our experience to help you navigate through this difficult period and work towards a brighter financial future.
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What Are the Benefits of Filing for Bankruptcy?
Contrary to popular belief, declaring bankruptcy can offer a fresh beginning and aid in regaining financial stability. Depending on the bankruptcy type filed, it's possible to either eliminate or restructure your debts, providing the necessary relief.
Key advantages of declaring bankruptcy:
- Immediate protection: Filing for bankruptcy triggers an automatic stay, a court order that stops all collection efforts by creditors. This also includes foreclosure, wage garnishment, and repossession.
- Debt resolution: The type of bankruptcy you choose determines how your debt is handled. Chapter 7 bankruptcy allows you to eliminate unsecured debts such as medical bills and credit card balances. On the other hand, Chapter 13 bankruptcy lets you set up a repayment plan to settle your debts gradually.
- Property protection: Bankruptcy exemptions can shield many of your assets. Our team can guide you through identifying which assets you can keep.
- Credit score recovery: Although bankruptcy initially impacts your credit negatively, this effect is temporary. By declaring bankruptcy, you can clear your debt slate and take significant steps toward rebuilding your credit.
Overall, filing for bankruptcy can provide a fresh financial start and relief from overwhelming debt. To better understand which type of bankruptcy filing is most appropriate for your unique circumstances, our team of experienced Silver Spring bankruptcy lawyers can help. We can listen attentively to understand your situation in full detail, offering personalized advice and guiding you through each step of the process.
A Five-Star Experience Read Our Reviews
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"Very professional, friendly, reassuring, and honest."
Very professional, friendly, reassuring, and honest. From the first day, we contacted them with our problem, they made us ...
- James J. -
"We going to have a start fresh. This firm is awesome."
I totally recommend Sanchez Garrison lawyers they were really helpful and understanding of our situation. We going to have a ...
- Nicky D. -
"Our lawyer has been truly a blessing to our family."
Our lawyer has been truly a blessing to our family, after the pandemic hit we lost our jobs and with that mostly everything. ...
- Lilli R. -
"These people will take care of you."
I worked specifically with Mr. Chambers. This was a process that was met with professionalism and empathy. If you have the ...
- Ashley F. -
"I now have a financial fresh-start in life. Thank you!"
Thank you Sanchez Garrison & Associates, but more specifically Timothy Chambers, Esq., a fellow veteran who virtually held my ...
- J. C. -
"The whole law firm was outstanding. I would call on these lawyers anytime."
First time going through bankruptcy I was totally lost and didn't know what to do. So I took a wild pick and called Joshua he ...
- Gerald A. -
"Mr. Sanchez did exactly what we discussed, and returned my calls if I needed to speak to him."
Mr. Sanchez did exactly what we discussed, and returned my calls if I needed to speak to him. The case was finished in the ...
- Glenn A. -
"Awesome service!!!"
Awesome service!!! Rita,Timothy and Alex are wonderful through the whole process. Highly Recommend. Thank you guys so much!
- Jen S.