Our Services | About Us | Sitemap | Loans in Portland, OR

Bankruptcy Counseling

FREE Bankruptcy Application Form

What is LoanexFastCash.com?

Our free service connects customers like you with dealers and lenders who provide a variety of products including new car price quotes, used car inventory and auto loans.

What our Users say about us?

“After getting through a costly and emotionally draining divorce, my financial state was in ruin. It seemed like an insurmountable task to find a way to pay for my new spousal support payments, my child support payments, back taxes, and divorce attorney fees.....more

---

“I am writing today to than you for the help (and hope) that you were able to provide to my husband and me. My husband and I both worked for a company that moved its operations to Mexico in 2008, and so.....more

Filing Bankruptcy in Maryland

Filing for bankruptcy under Maryland bankruptcy laws to save your assets - find out how to go about it.

In the past, debtors filing bankruptcy in Maryland had to lose their assets. However today, with the inception of new bankruptcy laws, there are many ways to retain your assets even if you decide to declare insolvency. To understand, and thoroughly know about the bankruptcy proceedings, it’s suggested you consult a good Maryland bankruptcy attorney before initiating any legal proceedings. Many options are available today to get rid of your financial liabilities, and depending upon the nature and extent of your debt, it might not be required to file for bankruptcy.

State exemptions in Maryland

Federal bankruptcy exemptions are not available in Maryland.

Homestead

None, however if the property is held for tenancy, it can be exempted against the debts owed by only one spouse.

Wages

All earned and unpaid wages - the greater of 75%, or up to $415 every week in Kent, Caroline, and Queen Anne’s in Worcester Counties. The greater of 75% of the actual state wages, or up to 30% of federal minimum wages.

Wild card

Up to $6,000 in cash or property, and up to $5,000 on real or personal property.

Automobiles

None available.

Misc.

Property registered as a business partnership.

Maryland bankruptcy lawyer

It’s advisable to consult experienced Maryland bankruptcy lawyers to determine your bankruptcy eligibility. According to the state and federal laws, it is mandatory to undergo the “means” test to find out if you’re eligible for any of the bankruptcy proceedings. It’s equally important to know what kind of exemptions Maryland bankruptcy attorneys can help you avail, and as per Maryland bankruptcy law, whether you’re eligible for Maryland Chapter 7 bankruptcy, or for Maryland Chapter 13 bankruptcy. Through bankruptcy, it’s possible to repay your financial liabilities over the next three to four years, or even more, and still retain some of your assets, however it depends upon how good your bankruptcy lawyer is. Maryland bankruptcy filings can be complicated, and so it’s not possible to render any specific advice without knowing about your particular debt conditions and financial liabilities. It’s recommended you hire a good bankruptcy lawyer, and have him or her help you out with your bankruptcy and insolvency issues.

The Loanex Fast Cash technology and processes are exclusively owned and Copyrighted © by theLoanexFastCash.com - 2010 LoanexFastCash, LLC. All Rights Reserved. This site is directed at, and made available to, persons in the continental U.S., Alaska and Hawaii only. Conversion to LoanexFastCash, LLC.

Feel free to checkout our Privacy Policy and Terms of Use.