Posts by Steve Sampson
Is it Time to File for Chapter 13 Bankruptcy in Raleigh?
Declaring Chapter 7 or Chapter 13 bankruptcy in Raleigh is never an easy decision. Bankruptcy laws exist precisely because financial disasters can happen to anyone. The cause may vary — an unexpected medical emergency, credit card debt, a business going under, and more — but bankruptcy laws are designed to give people a second chance…
Read MoreExemplary Services Your Bankruptcy Lawyer in Raleigh, NC Can Do for You
Bankruptcy is a sensitive issue for anyone. In a situation this demanding, you need the most trusted bankruptcy lawyer in Raleigh, NC to handle it. To help you in filing for bankruptcy, your attorney should be equipped with the knowledge and character to go about it. This is something Weik Law Office values and promotes…
Read MoreHow Filing for Bankruptcy in Raleigh Affects Your Children
When you’re a parent considering filing for bankruptcy in Raleigh, the welfare of your children probably weighs heavier than your financial situation. This is a legitimate concern, and the short answer is: You can still secure the future of your children even after filing for Chapter 7 or Chapter 13. Children and Declaring Bankruptcy To…
Read MoreChapter 7 Bankruptcy in Raleigh: The Debts That Can Be Discharged
Filing for Chapter 7 bankruptcy in Raleigh gives you the chance to eliminate some or majority of your debt. But what exactly are the dischargeable debts covered by Chapter 7 bankruptcy? Here is a brief discussion to guide you. How a Discharge Works A discharge serves to protect the debtor by preventing the creditor from…
Read MoreAn Honest Look at Pros and Cons of Filing for Chapter 7 Bankruptcy in Raleigh
Filing for Chapter 7 bankruptcy in Raleigh can be a tough decision. When it comes to life-changing decisions like this, it is always best to take an honest look at what you are facing. This way, you are fully prepared for what is coming. Here is a closer look at what is in store for…
Read MoreWhat to Know and Expect When Filing For Chapter 13 Bankruptcy in Raleigh
If you are high on debt, you can apply for Chapter 13 bankruptcy in Raleigh, depending on your situation. While Chapter 7 bankruptcy is a more common option to eliminate debt, Chapter 13 is just as effective in developing a plan to repay all of your debts. Chapter 13 Bankruptcy Also known as the “Wage…
Read MoreRaleigh Bankruptcy Attorney Shares Comforting Facts about Filing for Bankruptcy
Seeking professional help from a bankruptcy attorney in Raleigh is typically people’s last resort. You may have exhausted all means of trying to get your finances and debt under control, but nothing has worked. So many wrong notions surround the act of filing for bankruptcy. Because of this, many people continue suffering under mountains of…
Read MoreFiling for Bankruptcy in Raleigh: The Basics
Some people stay in debt because they are either too afraid to make a move or they are not aware of the legal options they can take. For many people, filing for bankruptcy in Raleigh is the best option to deal with the trouble of paying off personal loans or saving a house that is about…
Read MoreLong-Term Financial Benefits of Chapter 13 Bankruptcy in Raleigh
At the most basic level, Chapter 13 bankruptcy in Raleigh involves a payment plan that you will undertake for three to five years, depending on your situation. Some people get discouraged due to the length of the plan, and this can make Chapter 7 a more appealing alternative. However, many unique advantages to filing for…
Read MoreA Bankruptcy Lawyer in Raleigh Discusses How Student Loan Debts Can Be Discharged
Many young professionals are faced with outstanding debt from student loans; getting the help of a bankruptcy lawyer in Raleigh is a viable option to address this situation. An average college graduate has more than $37,000 student debt. With inflation and other bills to pay, your student loan can add up to your other obligations…
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