Maryland’s Most Experienced Bankruptcy Attorneys and Dedicated Lawyers
Our Bankruptcy Practice
Since 1993, Laura Margulies & Associates, LLC has represented thousands of clients in all phases of Chapter 7, Chapter 11 and Chapter 13 bankruptcy proceedings, from preparing the initial petition through plan formulation and confirmation. We have extensive experience litigating a broad range of issues that may arise in a bankruptcy case, such as dischargeability, motions to lift stay, cram down and strip off liens, preferences, and fraudulent conveyances. Each case is unique and we provide our clients with ample information to enable them to determine the best way to proceed.
Our firm also helps individuals stop pending foreclosure sales of their property by filing Chapter 13 cases for them, by obtaining loan modifications or by negotiating repayment of their mortgage arrears with the lender. Our attorneys analyze our client’s income and expenses to create a budget that will help them stop accumulating, and climb out of, debt.
We have been designated a Debt Relief Agency by Congress under the United States Code, and we proudly help people file for bankruptcy relief under the Bankruptcy Code. Read our blog about consumer bankruptcy here.
Foreclosure Mediation Practice
Our office also handles foreclosure mediation. Since July 1, 2010 every person facing a foreclosure case in the Circuit Court in Maryland is entitled to mediation before a sale date is scheduled by the lender. The law was enacted to help homeowners prevent the foreclosure by getting a loan modification, if they qualify, or to find an alternative to foreclosure. The law gives homeowners a new opportunity to meet with the lender and an administrative law judge, who is an independent party, to ensure that alternatives to foreclosure have been considered and evaluated. The lenders are always represented by counsel at the mediation and it is recommended that the homeowners also have an attorney to represent them at the mediation. We have been successful in helping homeowners prevent foreclosure through the mediation.
Loan Modification Practice
Our office has hired professionals who deal exclusively with mortgage lenders for loan modifications. The way the lenders have set up the process for qualifying for a loan modification is so detailed and complex, it is almost impossible for a homeowner to get an approved modification. Please feel free to complete our loan modification analysis form and we will let you know if we can help you.
What You Can Expect From Us
We are responsive to the needs of our clients and work for their best interests by providing reliable, quality legal services. At the law firm of Laura Margulies & Associates, LLC, we see our success in delivering quality legal service in the fact that the majority of our client base comes from referrals.
We have offices in Greenbelt, Rockville and Hagerstown, Maryland. Payment plans for our professional fees are also available. To discuss your bankruptcy matter or claim with an experienced and caring lawyer, please contact our offices. We are here to help you.