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Showing 2 bankruptcy lawyers in Potomac, MD
Listings are displayed in no particular order and are not ranked by BeforeAttorney. Order does not constitute a recommendation or endorsement of any attorney.
Shulman Rogers
12505 Park Potomac Ave, Potomac, MD 20854
(301) 230-5200
shulmanrogers.com
McMillan Metro Faerber, P.C.
7811 Montrose Rd #400, Potomac, MD 20854
(301) 251-1180
mcmillanmetro.com
What Does a Bankruptcy Lawyer in Potomac Cost?
Typical attorney fees for a Chapter 7 bankruptcy in Maryland range from $1,200 to $2,500 plus a $338 court filing fee. Chapter 13 cases cost more often between $3,000 and $5,000 with a similar filing fee of $313. Costs vary by case complexity and attorney rates. This is general information and not legal advice.
* Cost estimates are general ranges based on publicly available data and compiled using automated research tools. Actual fees vary by attorney and case complexity. This is not legal advice — consult directly with an attorney for fee specifics.
Frequently Asked Questions
What is the means test for bankruptcy in Maryland?
The means test compares your income to the Maryland median income for your household size. If your income is below the median you may qualify for Chapter 7. If it is above you may need to file Chapter 13.
How long does a bankruptcy stay on my credit report in Maryland?
A Chapter 7 bankruptcy stays on your credit report for 10 years from the filing date. A Chapter 13 bankruptcy stays for 7 years. The time limit is the same for all states under federal law.
Can I keep my house in Potomac if I file for bankruptcy?
Maryland allows a homestead exemption of up to $25,150 for your primary residence. If your home equity is under this amount you may keep it in Chapter 7. In Chapter 13 you can keep your home by paying overdue mortgage payments through a plan.