This year, I had the opportunity to help many residents living in Eastern North Carolina with their bankruptcy filings. It was my pleasure and an honor to walk with them through this process and to give them hope. As we are approaching the holiday season, my desire...
When you're facing financial hardship and considering bankruptcy, it's crucial to understand the various types of debts you owe. These debts are called creditor claims and can be categorized into three main groups: secured, unsecured, and priority. This knowledge will...
The Trustee's Role in Chapter 7 Bankruptcy Chapter 7 bankruptcy is a crucial legal procedure that allows individuals to eliminate most of their debts while ensuring a fair distribution of their nonexempt assets to creditors. The bankruptcy trustee is a pivotal player...
Have you ever wondered if filing for bankruptcy could pause or even stop lawsuits that are related to your debts? If you're in Greenville, NC, and you're juggling both debt and the threat of legal action, bankruptcy might offer a powerful solution. This guide will...
If you're considering filing for bankruptcy and live in Greenville, NC, you might come across a term called "automatic stay." It sounds complicated, but it's actually a helpful tool for anyone going through tough financial times. In this post, I want to explain what...
If you live in Greenville, NC, and are feeling overwhelmed by debt, it's important to know that you have options. Bankruptcy might be a way to get a fresh start. This article will explain the differences between Chapter 7, Chapter 11, and Chapter 13 bankruptcy to help...
Since you could remember, you’ve been putting money aside for your retirement. But here you are, contemplating bankruptcy. You are worried and concerned. You ask yourself: Will bankruptcy leave me destitute? Will I be able to retire if I file for bankruptcy? The short...
Living in Greenville, NC, a car is pretty much a necessity. You're constantly using it for work, errands, and getting the kids around. So, it's completely understandable to feel anxious about losing your car when you're considering bankruptcy. While every...
In tough times, deciding to file for bankruptcy can feel like a beacon of hope. You probably see bankruptcy as a chance to sort out your money problems and start fresh. And it could be. But, this path is not without its bumps, especially when creditors start pressing...
Bankruptcy can be a difficult decision for any business owner, but it can be particularly challenging for small business owners in Greenville. It is important for local entrepreneurs to understand the specific challenges and considerations that come with filing for...