When you file for Chapter 7 bankruptcy in North Carolina, you might have to sell some of your assets to pay off your debts. Typically, certain assets like homes and vehicles are considered exempt, meaning that you can keep these assets while you go through the...
Take Control
Of Your Future
Get out of debt and plan for what's next.
PLEASE NOTE: To protect your safety in response to the threats of COVID-19, we are offering our bankruptcy clients the ability to meet with us in person, via telephone, or through video conferencing. Please contact our office to discuss your options.
Bankruptcy Help For Everyday People
Month: January 2021
Could divorce and bankruptcy coincide?
On Behalf of Wootton & Wootton, P.C. | Jan 28, 2021 | Blog, Personal Bankruptcy
A person's life could change in dramatic ways when financial and personal matters converge. Dealing with bankruptcy could be a catastrophic situation to suffer through. As troubling and stressful as bankruptcy is on its own, things may become even more complicated...
My COVID Mortgage Forbearance is Over. What Do I Do Now?
On Behalf of Wootton & Wootton, P.C. | Jan 14, 2021 | Chapter 13 Bankruptcy
As a result of the COVID Pandemic many mortgage companies quickly stepped in to offer mortgage forbearance plans to customers. In some cases, even if a customer did not ask or request for a forbearance the mortgage company would enter into a forbearance plan...
Non-dischargeable debts in bankruptcy
On Behalf of Wootton & Wootton, P.C. | Jan 12, 2021 | Blog, Chapter 7 Bankruptcy, Debt Relief
Bankruptcy helps the debtor in North Carolina who foresees no way of paying it. Chapter 7 bankruptcy requires the debtor to sell some assets to pay a portion of the debts. At the end of the case, this person gets a discharge, which relieves him or her of remaining...
The ownership of credit cards after bankruptcy
On Behalf of Wootton & Wootton, P.C. | Jan 7, 2021 | Personal Bankruptcy
Many individuals in North Carolina and across the country fear the thought of filing for bankruptcy because of how it may impact their lives. Some may wonder how a bankruptcy filing will affect the ability to have credit cards and whether or not they'll be able to use...
Chapter 7 bankruptcy and credit score impact
On Behalf of Wootton & Wootton, P.C. | Jan 5, 2021 | Chapter 7 Bankruptcy
Bankruptcy in offers debtors in North Carolina and other states a legal means to remove certain debts when they see no way of paying them. The most common kind of bankruptcy is Chapter 7, which requires the debtor to sell nonexempt assets. However, getting rid of debt...
Categories
- Asset Forfeiture (2)
- Blog (18)
- Chapter 13 (17)
- Chapter 13 Bankruptcy (25)
- Chapter 7 (34)
- Chapter 7 Bankruptcy (29)
- Credit Card Debt Relief (24)
- Debt Relief (41)
- Medical Debt (35)
- Personal Bankruptcy (71)
- Uncategorized (8)
Archives
- December 2023 (1)
- November 2023 (1)
- October 2023 (4)
- September 2023 (2)
- August 2023 (2)
- July 2023 (2)
- June 2023 (4)
- May 2023 (2)
- April 2023 (4)
- March 2023 (2)
- February 2023 (3)
- January 2023 (3)
- December 2022 (3)
- November 2022 (2)
- October 2022 (3)
- September 2022 (3)
- August 2022 (3)
- July 2022 (2)
- June 2022 (3)
- May 2022 (2)
- April 2022 (3)
- March 2022 (3)
- February 2022 (2)
- January 2022 (3)
- December 2021 (3)
- November 2021 (2)
- October 2021 (4)
- September 2021 (3)
- August 2021 (4)
- July 2021 (3)
- June 2021 (5)
- May 2021 (2)
- April 2021 (7)
- March 2021 (5)
- February 2021 (2)
- January 2021 (6)
- December 2020 (1)
- November 2020 (4)
- October 2020 (4)
- September 2020 (4)
- August 2020 (5)
- July 2020 (5)
- June 2020 (3)
- May 2020 (5)
- April 2020 (4)
- March 2020 (5)
- February 2020 (4)
- January 2020 (3)
- December 2019 (4)
- November 2019 (3)
- October 2019 (5)
- September 2019 (3)
- August 2019 (4)
- July 2019 (3)
- June 2019 (4)
- May 2019 (5)
- April 2019 (4)
- March 2019 (3)
- February 2019 (3)
- January 2019 (3)
- December 2018 (1)
- November 2018 (2)
- October 2018 (1)
- September 2018 (1)
- August 2018 (1)
- July 2018 (1)
- June 2018 (1)
- May 2018 (1)
- April 2018 (1)
- March 2018 (1)
- February 2018 (1)
- January 2018 (1)
- December 2017 (1)
- November 2017 (2)
- September 2017 (4)
- August 2017 (5)
- July 2017 (4)
- June 2017 (5)
- May 2017 (4)
- April 2017 (4)
- March 2017 (5)
- February 2017 (4)
- January 2017 (4)
- December 2016 (5)
- November 2016 (4)
- October 2016 (4)
- September 2016 (5)
- August 2016 (4)
- July 2016 (5)
- June 2016 (5)
- May 2016 (4)
- April 2016 (4)
- March 2016 (5)
- February 2016 (3)
- January 2016 (1)