Chapter 13
Helping you repay your debts over time without losing your hard-earned assets
Chapter 13 Bankruptcy Attorney In Annapolis, Maryland
What Is A Chapter 13 Bankruptcy?
If you've found yourself falling behind on your house or car payments in Annapolis, Maryland, it can be a stressful and overwhelming experience. However, Geri Lyons Chase offers a compassionate and personalized approach to helping individuals navigate the complexities of Chapter 13 bankruptcy. This particular legal path has the potential to halt foreclosure on your home, assist you in keeping your car, and may even lead to a reduction in your monthly payments. In certain situations, you might qualify for a repayment plan that allows you to pay back only a percentage of your debts, all while retaining ownership of your essential assets, which includes both your home and your vehicle.
Furthermore, if you have faced challenges such as past parking tickets that have resulted in the loss of your driver’s license, a Chapter 13 proceeding could also facilitate the reinstatement of your license, enabling you to regain your driving privileges and ease daily travel challenges. Geri Lyons Chase is dedicated to guiding you through this process, ensuring you take full advantage of the benefits offered by Chapter 13 bankruptcy for a brighter and more hopeful financial future. To learn more about how Geri can provide assistance tailored to your unique situation, please don't hesitate to reach out and schedule a personal consultation today. You deserve the support and guidance needed to reclaim your financial stability!
Call Law Office of Geri Lyons Chase at 410-573-9004 to schedule a consultation with a lawyer today.
How Do I Qualify for a Chapter 13 Bankruptcy?
At The Law Office of Geri Lyons Chase in Annapolis, Maryland, securing a steady income is crucial for considering a Chapter 13 bankruptcy filing. Whether your income stems from employment, Social Security, disability benefits, unemployment compensation, retirement funds, or rental income, it's important to establish the ability to meet regular payment obligations as per the court's judgment. However, certain professions, such as stock or commodity brokers, and corporations do not qualify for Chapter 13 relief. Sole proprietors and self-employed individuals may qualify if their debts adhere to specific limits. If your debt repayment plan extends over three to five years, you may still qualify, pending a means test to assess eligibility. Geri Lyons Chase offers a comprehensive review of your financial situation, guiding you through the decision to seek Chapter 13 bankruptcy. Reach out to the office to begin evaluating your options.
What Happens During a Chapter 13 Proceeding?
Discover a guiding hand through the intricate paths of Chapter 13 bankruptcy with Geri Lyons Chase, a dedicated bankruptcy law attorney based in Annapolis, Maryland. Begin by determining your eligibility with the means test—a crucial first step on your journey. If you qualify, filing for Chapter 13 can bring relief, halting foreclosures, wage garnishments, repossessions, lawsuits, and any other creditor harassment.
Geri will assist you in crafting a viable repayment plan, carefully navigating the judicial process where the court's approval is essential. Your proposed plan must be made in good faith, ensuring that your unsecured creditors receive their due amount, equal to or exceeding what they would collect in a Chapter 7 filing. It’s important to remember that your repayment strategy should also maximize all disposable income, which is any income remaining after accounting for essential support and maintenance.

Trust in the personal attention and steadfast support of Geri Lyons Chase to help you successfully navigate this complex process. Reach out to her office today to begin your journey toward financial stability and peace of mind.
Disclaimer: We are a debt relief agency. We are attorneys who help people file for bankruptcy relief under the bankruptcy code.
Have Questions?
Get the fresh start you deserve. The Law Office of Geri Lyons Chase offers experienced, compassionate bankruptcy guidance.
Call us at 410-573-9004 today to speak to an attorney.