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.
Filing for bankruptcy allows you to temporarily halt collection activity and potentially discharge your unsecured debts, like credit card balances or medical debt. However, your biggest debt may not be an unsecured one. Your mortgage is secured by your home, which...
There is as much as $33 billion in annual child support payments that are exchanged in the U.S. every year. That amount is only about half of what existing court orders dictate should be paid annually. Some parents likely struggle to afford their payments. These same...
Chapter 13 bankruptcy involves setting up a repayment plan, with the approval of a bankruptcy court judge, to pay off your debts step by step over a period of years. This has the advantage of protecting your home, car and other assets from creditors. At the same time,...
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...
If you are looking to retain property while restructuring existing debt, it may be in your best interest to file for Chapter 13 bankruptcy. Although businesses cannot file for a reorganization bankruptcy, business owners in North Carolina and elsewhere may be able to...
While getting a divorce or filing for bankruptcy in North Carolina can be stressful, dealing with both issues at the same time can be overwhelming. Fortunately, with a little planning, there are steps that individuals can take to make the process easier. How can...
When people in North Carolina file for a Chapter 13 bankruptcy, all creditor actions must stop. This allows filers to reorganize their finances into a repayment plan that last for three to five years. A lump-sum payment is made each month to a trustee who then makes...
For anyone struggling with debt and to make mortgage payments, and worried about foreclosure and holding on to their family home, personal bankruptcy options are important to understand and consider. Personal bankruptcy options may be able to help consumers and...
There are many different purchases that people in North Carolina make using credit cards or by taking loans out for the purchase. People also may incur unexpected bills such as medical bills from an unexpected illness or injury. It is not uncommon for people to have...
Under the current Ch 13 laws it is possible for some clients to file a Ch 13 bankruptcy without paying any upfront fees or costs. A Ch 13 bankruptcy is a type of plan that can set up reasonable payments for a 3-5 year period to help individuals and couples catch up on...
