What's Happening?
SanchezGarrison & Associates, a Baltimore-based bankruptcy law firm, has initiated a public awareness campaign to educate Maryland residents about their options under U.S. bankruptcy law. This campaign aims to dispel common misconceptions about bankruptcy and provide practical insights into debt relief, as financial pressures increase across the state. The firm has developed a series of online resources that explain the differences between Chapter 7 and Chapter 13 bankruptcy filings, eligibility criteria, and repayment plan structures. Additionally, the firm is hosting informational webinars and collaborating with community organizations to enhance access to legal knowledge. The campaign addresses the misinformation that often deters individuals from considering bankruptcy, emphasizing that it is a legal process designed to offer a fresh start rather than a reflection of personal failure.
AD
Why It's Important?
The campaign is significant as it addresses the rising financial strain faced by many Maryland households, evidenced by a 32% increase in personal bankruptcy filings in 2024. By providing accurate information and resources, SanchezGarrison & Associates aims to empower residents to make informed decisions about their financial futures. The initiative seeks to reduce the stigma associated with bankruptcy and encourage individuals to explore their options without fear of long-term financial harm. This effort aligns with the firm's mission to support residents facing financial hardship, offering both virtual and in-person consultations to ensure accessibility. The campaign also highlights Maryland-specific legal considerations, such as federal exemption laws and asset protection concerns, which are crucial for residents navigating bankruptcy proceedings.
What's Next?
Residents are encouraged to utilize the firm's online resource center and consider scheduling a consultation to explore their bankruptcy options. SanchezGarrison & Associates will continue to offer legal representation focused on helping individuals and families overcome debt, with a commitment to providing tailored solutions. The firm plans to maintain its outreach efforts, potentially expanding its educational initiatives to further assist Maryland residents in understanding and navigating the complexities of bankruptcy law.
