Chapter 13 Bankruptcy Attorney ● Serving Maryland & Washington, D.C.

Protecting Your Home from Foreclosure

Losing one's home is one of the greatest concerns people have during a slow economy. When the dollar value drops and prices go up, it can be difficult to juggle the bills when income stays the same. If you are behind in your mortgage payments and may be facing home foreclosure, filing for a Chapter 13 bankruptcy may be right for you. This office has helped close to 2000 people file for bankruptcy relief under the bankruptcy code.

There is hope for financial freedom and I can help you find it.
Contact the Law Office of David Steinberg for a free telephone consultation.
301-589-4597 ● 410-760-2170 ● 301-632-9800
Contact Me Online

The Chapter 13 Basics

Chapter 13 bankruptcy is also known as payment plan bankruptcy. In order to qualify for a chapter 13 bankruptcy you have to earn more money than you spend each month. Instead of having their debt eliminated as is done with Chapter 7, Chapter 13 actually provides the opportunity for individuals to reorganize their debt load by creating a workable payment plan. This allows for people to take the time they need, from one to five years, to pay their creditors. It is not always necessary to pay back your creditors 100% of what you owe. Some payment plans require that you only pay back your creditors a fraction of what you owe.

The main reason individuals choose to a file a Chapter 13 bankruptcy is that it prevents their home from being foreclosed. Another reason some people choose to file a Chapter 13 bankruptcy is because they had already filed for Chapter 7 bankruptcy within the past eight years. Others may choose to file for Chapter 13 bankruptcy simply because they exceeded the maximum earning amount allowed for Chapter 7 bankruptcy and their monthly income is larger than their monthly expenses.

I Can Help You through the Process

When filing for bankruptcy, there is the potential for a great amount of detail and work required to prepare for and to proceed through the process. However simple or complex your case may be or how much time and effort will be required, as your lawyer, I will handle your case from the beginning to the end.

I offer a free telephone consultation prior to any in-person meetings. During the consultation I will ask a few questions and you can explain your situation. Then, at our in-person meeting, we can discuss options that are available to you to reduce and/or eliminate your debt and save your home from foreclosure. I will help you formulate a plan and guide you through each step of the process.

Contact Me Today

For your convenience, I maintain three offices to make it easier for you to obtain legal help. I offer a free telephone consultation and weekend appointments. Contact me today for a debt-free tomorrow.

Law Office of David I. Steinberg

Silver Spring Office:
8630 Fenton Street, Suite 320
Silver Spring, MD 20910-3816
Telephone: 301-589-4597 | Fax: 301-588-9351
Map and Directions

Baltimore Office:
1111 Park Avenue
Baltimore, MD 21201
Telephone: 410-760-2170
Map and Directions

Clinton Office:
7700 Old Branch Avenue, Suite B105
Clinton, MD 20735
Telephone: 301-632-9800
Map and Directions

From our Maryland locations in Silver Spring, Baltimore, and Clinton, the Law Offices of David I. Steinberg serves the legal needs of Montgomery County, Prince George's County, Charles County, Calvert County, St. Mary's County, Howard County, Anne Arundel County, Baltimore County, Baltimore City, Frederick County, Washington County, Carroll County, and Harford County, as well as the surrounding areas including Temple Hills, District Heights, Capital Heights, Oxon Hill, Ft. Washington, Landover, Lanham, Bowie, Brandywine, Waldorf, LaPlata, Indianhead, Camp Springs, Forestville, Suitland, Largo, Upper Marlboro, Wheaton, Kensington, Rockville, Gaithersburg, Germantown, Bethesda, and Chevy Chase.

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