Drescher & Associates, P.A.

Bankruptcy is not a Failure, but may be a New Beginning

This lawyer is licensed to practice in Maryland and has no record of discipline from the Maryland bar association.*

Firm Overview

Drescher and Associates carefully reviews the special facts of each client before arriving at a course of action. We do not rush into filing cases, but prefer to weigh all available options and then intelligently plan an appropriate strategy with substantial input from the client.

Example cases

The firm has confirmed a series of Chapter 13 cases for high income debtors by strategically analyzing outstanding indebtedness and structuring repayment plans after the deadline has passed for creditors to file claims. The firm also carefully claims available exemptions to maximize clients' asset retention in Chapter 7 cases

The firm also has successfully reorganized dozens of distressed companies in Chapter 11 and out of court workouts. .

Main Office

Main
4 Reservoir Circle
Suite 107
Baltimore MD 21208

Phone

(410) 484-9000

Fax

(410) 484-8120

Websites

Fees

Free Initial Consultation?

The firm offers a free initial consultation.

Services Offered For Fixed Fees?

Normal price for a Chapter 7 case is $1400 plus the filing fee ($299) and the credit counseling fee ($40). Chapter 13 cases usually require a $2200 initial payment, plus the filing fee ($275) and the credit counseling fee ($40).

Hourly Rates

$300.

Office Information

Office Hours

Monday through Friday 9 am to 5 pm, but I will give my clients my cell phone number and generally check and respond to emails off hours and on weekends.

Office Manager

My practice assistant is Lauraetta, who has been with me since 1997.

Emergency After Hours

Yes

Other Offices

Delaware Office
1 Commerce Center 1201 North Orange Street
Suite 722
Wilmington, DE 19801

Is your firm willing to help a client with one discrete part of a case, without taking on the whole case?

Yes. The firm is flexible in participating in the client's team in whatever role seems most appropriate.

What are your policies about dividing work within the firm to make the process most cost-effective for the client?

The firm is very cost conscious. We have begun to enlist various low cost contract assistance in order to maintain an affordable cost for legal services.

How frequently does your firm use mediation, arbitration, or collaborative law to resolve cases?

The firm is always aware of such options, however unless both parties to a dispute are genuinely committed to such alternative dispute methods, they are not generally effective.

Does your firm provide pro bono legal services or otherwise participate in your community?

Yes, we generally handle two or three such chapter 7 cases each year. We are also involved in the State of Maryland Peer Review Committee for the Attorney Grievance Commission, so we are dedicated to a very high ethical standard.

What distinguishes your law firm from others?

Many of our clients have seen other lawyers first, and discuss having felt pressured to file the bankruptcy case. We feel that the case must be well and carefully planned. Once a bankruptcy case is filed the client loses control over the process, so we feel that everything must be done correctly and, if necessary, patiently before the case is actually filed.

What is your firm's point of view regarding clients educating themselves on legal issues?

Drescher & Associates welcomes well informed clients. The participation of the client in the legal process is an important factor in obtaining a successful result.

Is your firm willing to review documents prepared by clients?

Yes.

Is your firm willing to coach clients who want to represent themselves?

Yes, and frequently this is the best approach for a client who wants to attempt to reduce their debt burden and avoid bankruptcy. On the other hand, the firm has structured payment plans to enable all clients to be able to afford the firm's representation in bankruptcy cases.

Ronald Drescher

Drescher & Associates was formed in 1994, and Ronald Drescher has been a licensed attorney focusing primarily on bankruptcy issues since 1986.