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Credit Card Debt Consolidation Help  in Maryland
Call Today: (877) 274-1260
If you successfully complete our program, it’s possible that you’ll enjoy these benefits:
Settle your debts for less than you owe
  (read here for full details about how much you can expect to save)
Resolve your unsecured debts in 18 to 60 months
  (read here for full details on how long our program lasts)
No Up Front Fees - Don't Pay Till You See Results!
Maryland  Debt Relief
Debt settlement, also known as debt negotiation and debt reduction, is the process by which we negotiate and settle a debt for a reduced amount on behalf of a client. When successful, it is possible that Franklin Debt Relief can settle their debts for less than what is owed, all with the convenience of one low program payment. The savings from our debt settlement program can potentially be tremendous versus making your minimum payments, and it is in some cases the cheapest and fastest debt relief, debt consolidation or debt help option available to Maryland consumers.

If you're overwhelmed with credit cards, medical bills, balances from a repossession, or accounts in collections, call for a free consultation: (877) 274-1260.
Pertinent Maryland  Debt Relief and Debt Help Laws
(This is intended to be a helpful and informational debt resource for Maryland consumers and does not constitute legal advice. For legal advice about your situation, contact a licensed professional in Maryland.)

Debt Collection

Maryland follows the set of federal laws dealing with collection agencies (and law firms that collect debts) that are collectively known as the Fair Debt Collection Practices Act (FDCPA). For more information on the FDCPA follow this link: debt collection.

-Original creditor or creditor collecting own debt must comply with all the provisions of the FDCPA, except those provisions dealing with required disclosures. (For example, the original creditor does not have to verify the debt's validity).

-Maximum Interest Rate a Collection Agency Can Charge in Maryland: 6%

Maryland Wage Protection: 75% of wages or $145 per week, whichever is greater; in Kent, Caroline and Queen Anne's of Worcester Counties, 75% of wages or 30 times the federal minimum hourly wage, whichever is greater

Statute of Limitations

A statute of limitations is a law that sets forth the maximum period of time, after certain events, that legal proceedings based on those events may be initiated. For debt, the statutes of limitation apply to the maximum period of time after a consumer has become delinquent on their payments. The key point to remember is that you are considered delinquent not from the date of your last payment, but rather the day after you have gone past due. In other words, if you made your last payment on 3/3/03 and your next payment was due the same day of the next month, the statute of limitations on the debt would not start running until 4/4/04. The statutes of limitations vary from state to state and depend on the type of debt and where the original transaction took place (i.e. if you took the loan out in Texas but currently live in Maryland, the applicable statutes of limitations would be Texas'.)

Oral Agreements: 3 years
Written Contracts: 3 years
Promissory Notes: 3 years
Open Accounts (credit cards): 3 years

Bankruptcy Courts

Baltimore Division
U.S. Courthouse, Rm. 8515
101 West Lombard St.
Baltimore, MD 21201
(410) 962-7801

U.S. Bankruptcy Court
6500 CherryWood Ln.
Greenbelt, MD 20770
(301) 344-8000

Bankruptcy Exemptions

Bankruptcy exemptions are protected assets that the bankruptcy code mandates that a debtor is entitled to keep in order to adequately get a "fresh start" after filing. Bankruptcy exemptions vary from state to state, and the following list is the property that is protected in the bankruptcy code of Maryland. For more information, follow this link: bankruptcy exemptions.

Also, Maryland is a tenancy by the entirety state. Click here to learn about what this means if you have debt that's in only one spouse's name.

Real Estate, Auto, Personal Property

-$5000 in real or personal property
-$6000 in cash or any property
-Appliances, furnishings, household goods, books, pets, and clothing to $1000 total
-Burial plot
-Health aids
-Perpetual care trust funds
-Prepaid college trust funds
-Lost future earnings recoveries


-Disability or health benefits, including court awards, arbitrations, and settlements
-Fraternal benefit society benefits
-Life insurance or annuity contract proceeds or avails if beneficiary is insured's dependent, child, or spouse

Public Benefits

-Baltimore Police death benefits
-Crime victims' compensation
-General assistance
-Unemployment compensation
-Workers' compensation


-ERISA-qualified benefits
-IRAs, Roth IRAs, and Keoghs
Tools of Trade

-Clothing, books, tools, instruments, and appliances to $5000

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