JDKatz: Attorneys at Law



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If you are finding yourself in need of a fresh start and bankruptcy is your only option our Maryland tax attorney can help you determine if you should file chapter 7 or chapter 13. The major dividing line between the two is income level. If you fall below a certain income level you can qualify for chapter 7 which is the simpler of the two. The following is a comparison of chapter 7 versus chapter 13.

  • Mortgages And Car Loans

    • Chapter 7 will most likely require you to return the house or car to the creditor.

    • Chapter 13 will allow you to keep the house or car as long as you keep up with a court ordered payment plan.


  • Debts Owed As Result Of Past Crimes

    • Chapter 7 will not allow your debts to be discharged if a creditor objects and can demonstrate your prior act (court conviction).

    • Chapter 13 may wipe out the balance if the outstanding balances are not paid in full by the end of bankruptcy.


  • Debts Owed For Child Support, Alimony, or Student Loans

    • Chapter 7 will not discharge support debts.

    • Chapter 13 requires you still pay the debt until paid in full.


  • Co-debtors On Personal Loans

    • Chapter 7 allows creditors to seek payment from co-debtors.

    • Chapter 13 doesn’t allow creditors to contact co-debtors until the end of bankruptcy.


  • You Have A Prior Bankruptcy

    • Chapter 7 will not allow you to re-file unless prior bankruptcy was chapter 13.

    • Chapter 13 allows you to re-file.

If you are still unsure of which option is best for your personal circumstance allow our bankruptcy professionals handle the details for you. Your new start is waiting.



At JDKatz: Attorneys at Law, each of our attorneys brings a unique set of experiences and perspectives to bear on our clients’ legal problems. For each case or task we take on, we assemble a team of lawyers ideally situated to our client’s specific needs and goals. Our managing partner, Jeffrey D. Katz, founded our firm in 2000 after starting his career in the tax department of Big Four accounting firm KPMG Peat Marwick. To learn more about our attorneys’ backgrounds and qualifications, please review their individual profiles.


MD. (301) 913- 2948
D.C. (202) 600- 2600