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All Chapter 7 cases must be initiated in Maryland U.S. Bankruptcy
Courts. During a Chapter 7 case, state residents may only claim the
Maryland bankruptcy exemptions provided by the state Property Code. In
practice, when exempt status is questionable, many debtors prefer
Chapter 13 as a safer means of retaining personal assets. The cost of
retaining Maryland bankruptcy attorneys pales in comparison to possible
loss of a home, car, or other exempt property. Even though an innocent
error, or negligent mistake may be subject to correction, the Maryland
bankruptcy courts are granted pervasive federal authority to either
allow pleading amendments, or punish debtors for apparent apathy. When
filing Chapter 7, attorney fees are subject to strict federal
guidelines. Most Maryland bankruptcy lawyers and law firms charge
similar fees for similar legal services, although the talent provided
and results obtained by Maryland bankruptcy lawyers varies greatly with
the level of dedication and expertise.
See also: Maryland Homestead Exemption.
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