Leave Your Debt Problems In The Past. Find Your Fresh Start.
Chapter 7 bankruptcy can provide relief from overwhelming debt. However, many people worry about losing their home in the process. Fortunately, North Carolina law has protections that help homeowners keep their houses during bankruptcy. Knowing how these rules apply...
You are drowning in debt and looking for a way out. Chapter 7 bankruptcy offers a fresh start by wiping away most of your bills. However, the fear of losing everything you own often keeps people from taking this step. North Carolina law protects your basic needs...
Financial struggles affect thousands of North Carolina residents. Credit card bills, medical expenses and personal loans can quickly become overwhelming when income does not keep pace with obligations. Chapter 7 bankruptcy provides a legal solution that eliminates...
Exemptions decide what property you keep and what you may lose in bankruptcy. The rules apply in both Chapter 7 and Chapter 13, but they affect your case in very different ways. Why exemptions matter Exemptions protect essential property from the trustee. They exist...
People who have more debts than income may recognize that they need to take steps to get their finances under control. One of these options is that they may opt to file for bankruptcy. Consumers typically have to decide if they’ll file for Chapter 7 or 13, both of...
When deciding to file for bankruptcy, one of the biggest concerns people have is losing their home. The truth is, many factors will determine if you can keep your house while making a financial fresh start. One of those factors is the type of bankruptcy you choose....
Being in debt and receiving endless calls and letters from creditors can be overwhelming. If you have decided to file for bankruptcy after assessing your situation, you will observe certain procedures, including taking courses. Here are two courses you are required to...
As if divorce isn’t stressful enough, many couples facing the end of their marriage also find themselves in dire financial straits. When the bills pile up, and the debt collectors start calling, it’s natural to start looking for a way out. One option that may seem...
Declaring bankruptcy is beneficial because it can protect you from lawsuits and end numerous calls and letters from creditors. However, the system's purpose is to help people sinking into high debt. Thus, to filter those who may want to take advantage of it when they...
A lot of people are scared to file bankruptcy – particularly Chapter 7. Long known as a “liquidation bankruptcy,” people often have images stuck in their head from movies and television shows where deputies carry off every last stick of furniture and item that someone...
