Maryland Bankruptcy Law

Considering filing bankruptcy in Maryland? You need to understand Maryland bankruptcy law and exemptions.

As on overview we have listed some of the main exemptions, links to the federal courts serving Maryland, and some filing statistics for Maryland.

Maryland Exemptions

Homestead:
$21,625 (spouses may not double)
Details:
Owner-occupied residential real property: including condos


This is just and overview and there is a detailed list of the Maryland Bankruptcy Exemptions.

Maryland Bankruptcy Courts

If you need more information about the Maryland Federal Bankruptcy Courts you can click on the link for your district.

  • Maryland District

    • Maryland Filing Statistics

    Here are the counties in Maryland with the highest amount of bankruptcy filings.

    Year - County
    Total
    Ch7
    Ch13
    2012 PRINCE GEORGE'S
    4652
    3407
    1237
    2012 BALTIMORE (COUNTY,NOT CITY)
    4285
    3503
    777
    2012 BALTIMORE (CITY)
    3244
    2722
    521
    2012 MONTGOMERY
    2474
    1934
    534

    You can see the information for all counties by visiting the Maryland Chapter 7 and Chapter 13 bankruptcy filings by county page.

    Here are the most recently available statistics for monthly bankruptcy filings in Maryland.

    Year - Month
    Total
    Ch7
    Ch13
    2013 6
    2175
    1486
    682
    2013 5
    1899
    1486
    407
    2013 4
    1982
    1594
    383
    2013 3
    2095
    1693
    401
    2013 2
    1789
    1441
    342
    2013 1
    1740
    1361
    378


    You can see more data by visiting the Maryland Personal Bankruptcy Filing Statistics page.

    If you have question about filing bankruptcy please visit our Frequently Asked Questions Page or schedule a free consultation with a local attorney.