Frequently Asked Questions about Filing for Bankruptcy in Maryland
Does Bankruptcy Mean I Have to Give Up My Possessions?
Filing for bankruptcy does not mean a person will have to give up his personal possessions, such as household goods and clothing. Various exemptions can be used to protect these assets in the liquidation process. Read more.
How Do Property Exemptions Work in Maryland?
In the state of Maryland, debtors who file for bankruptcy are allotted certain exemptions that can be used to protect various assets, such as homes, automobiles, and household goods. Read more.
How Does Bankruptcy Impact Worker's Compensation Benefits?
People who file for bankruptcy will not have their worker's compensation benefits decreased in any way. Bankruptcy stops wage garnishment, rather than starting it. Read more.