Maryland Bankruptcy?

[torran]

what are the current bk laws on filing a chapter 7, with recently selling an investment property with proceeds of 50k, in which 20k would go to fed tax lein, and 10k would go to paying mortgage rears on primary. total outstanding debts and possible law suits of 1 million

[taryn31]

You should consult an attorney in Maryland. While bankruptcy law is federal in origin, there are state law effects which need to be considered carefully.