Bankruptcy: What Is It?
Bankruptcy is not a sign of failure. Bankruptcy is not an admission of giving up. In fact, when you decide you’re going to file bankruptcy—in North Carolina or anywhere else—you’re taking cont...
Bankruptcy
Read moreBankruptcy and Judgments or Judgment Liens
There are many types of debt and many stages of relationships that exist between debtors and creditors. When a creditor in North Carolina obtains a judgment or judgment lien against a debtor, that lie...
Bankruptcy
Read moreKeeping Property In A Charlotte Bankruptcy
When you file a bankruptcy petition for Chapter 7 in Charlotte, NC (The Western District of NC), you state your intention as to certain property. This includes homes and vehicles with existing loans, ...
Bankruptcy
Read moreKeeping Your Car In A Charlotte Bankruptcy
The fear of losing a car in bankruptcy is just one more myth about bankruptcy that continues to keep people in need, from finding out about their options. While not every Charlotte bankruptcy client o...
Bankruptcy
Read moreAddressing Property Taxes In Bankruptcy
Property taxes are treated as priority debt in a bankruptcy, but very rarely cause a problem for clients filing a Chapter 7 or Chapter 13 bankruptcy, so long as action is taken before the taxing autho...
Bankruptcy
Read moreFrozen Funds: Can My Bank Freeze My Funds When I File Bankruptcy In North Carolina?
I am currently assisting a client with a situation where the bank has frozen funds in his bank account. While the laws in bankruptcy can assist in helping you regain access to the frozen funds in your...
Bankruptcy
Read moreProtecting Property From Creditors
Whether you are getting harassing phone calls from creditors, or you’re being sued by them, by taking the right steps now, you can maximize the property you can protect. We have all heard rumors abo...
Bankruptcy
Read moreBank Account Levy and Wage Garnishment
When a creditor obtains a judgment against you, there is a potential they will levy your bank account or garnish your wages. This makes an already difficult financial time exponentially more frustrati...
Bankruptcy
Read moreIs My Retirement or 401k Protected In Bankruptcy?
Yes. There are exceptions, but generally speaking your retirement funds are protected from creditors in a bankruptcy. This is why it's so important to take action and consider bankruptcy before deplet...
Bankruptcy
Read moreIs The Sheriff Coming To My House?
After a creditor obtains a judgment against you, they will naturally try to collect on that judgment. This means there’s a chance the Sheriff is going to make an appearance at your home on behalf of...
Bankruptcy
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