BANKRUPTCY RULES TO CHANGE DECEMBER 1 2017

BANKRUPTCY RULES TO CHANGE DECEMBER 1 2017

COURTHOUSE

Filing for Bankruptcy may get a bit more complicated.

On December first, many of the Maryland Rules for Bankruptcy change.  These changes effect Chapter 13 Bankruptcy.  Chapter 13 is a repayment plan that, for instance, helps homeowners catch up on delinquent mortgage payments.  The new Chapter 13 Plan looks much more complicated, and is certainly longer, that the current Plan.