Experienced Business Law Firm

The Foreclosure Index surged by 13.4% in March 2026 alone, and as of May 2026, it has increased by 20.3% over the past year. Additionally, the Bankruptcy Index has more than doubled since the Federal Reserve began raising rates in 2022. We specialize in various bankruptcy options, including Chapter 7 bankruptcy and Chapter 13 bankruptcy, to help protect your assets, halt foreclosure, or prevent garnishments. Our no-cost consultation in Annapolis is designed to discuss your bankruptcy options, and although we are based in Annapolis, we assist clients throughout Anne Arundel, Queen Anne's County, and Prince George's County in Maryland. Filing bankruptcy can effectively stop foreclosure in Maryland, as well as halt wage garnishments and levies.

In fact, effective Maryland has recently enacted a new homestead exemption law, which enables you to retain more equity in your home when filing bankruptcy. With increasing home values, you may have significant equity to protect, providing you with more leverage in negotiations. Starting June 1, 2026, you will be able to exempt up to $125,000 under the homestead exemption, making filing bankruptcy a more effective foreclosure defense for homeowners with substantial equity.

Bankruptcy allows you to make a fresh start, ceases creditor harassment, and enables you to protect and retain many of your assets. We offer same-day consultations for emergencies. Call the Law Offices of Diana L. Klein to find out how bankruptcy can assist you in stopping sleepless nights and alleviating the stress of feeling overwhelmed in crisis mode. Call 443-569-4574.

DO YOU QUALIFY FOR CHAPTER 7 OR CHAPTER 13?

Many factors determine which bankruptcy option is best for you and which you qualify for. Let us evaluate and analyze your situation during our 30-minute no-cost consultation to help you see the light at the end of the tunnel.