Archive for May 2019
Chapter 7 Bankruptcy Lawyers in Raleigh, NC Discuss Various Considerations when Filing for Bankruptcy and Divorce
Finding the right timing is critical when filing for divorce and bankruptcy. Depending on your situation, Chapter 7 bankruptcy lawyers in Raleigh, NC will be able to advise you whether it is best to file before or after starting divorce proceedings, and what this can mean for your finances. How Bankruptcy Affects Divorce Generally, bankruptcy…
Read MoreRebuilding One’s Credit Score After Filing for Raleigh Bankruptcy Understanding Your Credit Score
A credit score is a summary of your credit history. Combined with the credit report, lenders use this number to decide whether to approve housing loans, auto loans, and other types of loans. Your score can also affect your insurance rates and employment opportunities. The most common type of credit score is the FICO score,…
Read MoreFederal and State Exemptions under Chapter 13 Bankruptcy in Raleigh
Bankruptcy procedures are controlled by complex federal laws and regulations including bankruptcy exemptions. These are laws that allow debtors to protect certain properties from creditors. In Chapter 13 bankruptcy in Raleigh, exemptions help determine the amount the debtor must pay to his unsecured creditors through a 3-5 year repayment plan. Under this chapter, an exemption…
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