While some people in Durham are able to live their lives debt-free, for many others, that simply is not possible. There are numerous reasons why people choose to take on debt, such as buying a home, starting a business or earning an education. Unfortunately, paying...
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Bankruptcy Help For Everyday People
Month: March 2017
The fate of the CFPB is in question
On Behalf of Wootton & Wootton, P.C. | Mar 23, 2017 | Personal Bankruptcy
While no one likes to think that it could happen to them, consumers in North Carolina are sometimes treated unfairly or taken advantage of by banks and other lenders. Such deceitful practices are part of what led to the Great Recession and a great number of people...
Why is credit counseling part of the bankruptcy process?
On Behalf of Wootton & Wootton, P.C. | Mar 16, 2017 | Chapter 7
If you have decided to file for bankruptcy in North Carolina, chances are you did not arrive at that decision lightly. The process can be overwhelming and confusing for some people. Therefore, undergoing credit counseling is a mandatory part of the process so that you...
A look at which Americans are struggling to pay medical bills
On Behalf of Wootton & Wootton, P.C. | Mar 9, 2017 | Medical Debt
When a medical emergency arises in North Carolina, most people’s thoughts are on getting the necessary care they need and not on how much it will cost. Unfortunately, once the crisis has been dealt with, many people do end up stuck with emergency room or...
If my spouse dies, will I be stuck with their credit card debt?
On Behalf of Wootton & Wootton, P.C. | Mar 2, 2017 | Personal Bankruptcy
Dealing with the death of a spouse in North Carolina can be a devastating and emotional time. Unfortunately, when a loved one passes, there are also often financial considerations involved. If your spouse had a lot of credit card debt when he or she passed, you may...
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