Kindlund Legal LLC.

Call Now For A Complimentary Case Evaluation:

(240) 539-9393

Former Chapter 7 Trustee

Kindlund Legal LLC.

Chapter 7

When experiencing crippling debt levels, it can seem like there’s no way out, and it can be a daunting proposition to begin the journey to financial freedom. Without previous experience, it may seem like there is nowhere to turn. This is where a Chapter 7 Bankruptcy Attorney can step in and help explain the options available to you and which one may be the proper fit for your situation. Creditors can be extremely nagging and make it appear as there are no options for you while threatening legal action and severe consequences. This can be distressing to not only you but your family as well. For assistance in ending the constant barrage of phone calls and mail on your stoop, Kinlund Legal LLC is here to help.

Ashton, Montgomery County has options available to you that will be determined by procedures and regulations provided by the state of Maryland. Chapter 7 bankruptcy is an option available to debtors to receive a fresh start and get their lives and financial futures back on track. While there are other options, chapters 7 and 13 are the two most common for most individuals. Here, we will focus on Chapter 7 bankruptcy, which provides debt relief through the Liquidation of assets. It is imperative to discuss these options with a Bankruptcy Law Attorney as soon as possible, as the complex nature of the system can be prohibitive for many.

To understand which option may be best for you, a few key factors will gauge which chapter will be the best fit for you, along with the personal decisions you must make. Chapter 7 focuses on dispersing debt through the liquidation of assets, which will be sold to repay creditors. Before any of this may happen, though, you first need to complete the means test, which will consider various factors surrounding your financial standing and determine if you are eligible for bankruptcy. If you decide that bankruptcy is an avenue to relief that you would like to explore, begin by consulting with a Chapter 7 Bankruptcy Attorney in Ashton, Montgomery County, and discussing your goals in filing for bankruptcy and how your current financial situation stands.

When undergoing the chapter 7 bankruptcy process, one of the early events that will occur is your case is assigned a trustee. This individual will actively oversee your claim and be in charge of the Liquidation of the debtor’s assets. The core of the relief offered through chapter 7 is the liquidation of most assets you own. This can range from minor property like technology and furniture to more significant items like vehicles or jewelry. Kindlund Legal LLC is a fantastic resource for any questions you may have surrounding bankruptcy, even if you are just beginning to struggle with your creditor’s harassment.

Additionally, Attorney Jillian Kindlund has previously acted as a chapter 7 trustee and has insider knowledge regarding the details and inner workings of the process. With years of experience and countless satisfied clients who are now on their way to financial freedom, the resources and credibility you seek in an Ashton, Montgomery County, Chapter 7 Bankruptcy Attorney who has the knowledge and expertise to assist you through this challenging time. No matter what concerns you may have or what you have previously heard regarding bankruptcy, there is almost definitely an aspect that you have not previously been aware of that can hold benefit for you.

Even if the thought of selling your assets and starting fresh sounds intimidating initially, there are a few aspects that may be of benefit to you. Both from the government and the state of Maryland, exemptions on specific types of assets have been established that will protect some of the pieces you care about most. Each state has specifically laid guidelines to determine which property you may be allowed to keep, and the federal government has established a baseline of exemptions to ensure a reasonable degree of consistency around the country. Since chapter 7 bankruptcy is oriented to allow debtors a fresh start, the exemptions aim to retain just as many assets necessary to keep your life on track and moving forward.

At Kindlund Legal LLC, we aim to assist every client who seeks our services and provide them with the relief and peace of mind they seek. Unlike many other bankruptcy attorneys in Ashton, Montgomery County, we take pride in the degree of understanding and diligence we show each and every one of our clients. With personal experience as a chapter 7 trustee and the expertise that comes with countless successful cases, Attorney Jillian Kindlund is your best option when seeking relief from your creditors. The first step on the path to chapter 7 bankruptcy is scheduling an initial consultation to discuss your current position goals for your bankruptcy. Call our office today!

Jillian Kindlund

Call Now For A Complimentary Case Evaluation
(240) 539-9393
Former Chapter 7 Trustee