Call 24/7: 410-766-4044 (Balt. Metro) Call 24/7: (301) 587-8900 (Wash. Metro)
Offices Located in: Glen Burnie - Greenbelt - Baltimore - Columbia

Chapter 7 BankruptcyChapter 13 Bankruptcy

July bankruptcy filings

August Bankruptcy Filings Down 8% From July But Still On Record Pace

Historically, August bankruptcy filings are usually less than July. This July we saw an 8% drop in consumer bankruptcy filings across the nation. This statistic does not mean that we are in a recovery, and please don't assume anything than it is just a number. Overall, across the United States, consumer bankruptcy filings are still high and are near the 2005 mark. In 2005, Congress overhauled the bankruptcy laws to protect consumers. Yea, thanks guys, after seeing what a job they did on the bankruptcy code, I can't wait to see how the health care system works. I mean you guys run Social Security, Medicare, Fannie Mae, Freddie Mac, the Post Office and most recently took on Wall Street. I'm convinced that we have nothing to fear.
Consumer bankruptcy filings should end the year over 1.5 million people and they may even reach 1.6 million people. Again, this is only a statistic - a number if you will. But, then again, it could have something to do with the economy or lack of an economy. I don't know, just thinking out loud. If you need assistances filing bankruptcy, call the Maryland Bankruptcy Center and speak with a Maryland Bankruptcy Lawyer today in Glen Burnie, Columbia, Hanover, Baltimore or anywhere in Maryland, today at (410) 766-4044 or (301) 587-8900. 

Phone Calls Answered 24/7

Monday - Friday:
9:00 a.m. to 5:30 p.m. Saturday:
8:30 a.m. to 11:30 a.m.

Voted Maryland “SUPER LAWYER” 2017, 2018, 2019, 2020, 2021, 2022 & 2023

Elite Lawyer Badge
David L. Ruben
Rated by Super Lawyers loading ...
Ruben Law Firm is a BBB Accredited Lawyer in Glen Burnie, MD  

Contact Us

  • This field is for validation purposes and should be left unchanged.


How To Fill Out
Your Filing Paperwork

Questions? 410-766-4044

Featured On FOX 45
About MD Bankruptcy Cente…
Why You Shouldn’t Feel…
Preparing For Your 341 Me…
What is Chapter 7 Bankrup…
Can You Afford to File fo…
What is Chapter 13 Bankru…
David Ruben on Fox
Bankruptcy 2021 Update: H…