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Marriage often means shared finances – and shared debt. So what happens when one spouse files for bankruptcy but the other doesn’t? This situation brings up many questions around how bankruptcy works for married couples in Raleigh, NC. The first key fact to know is that bankruptcy laws don’t require married couples to file together.…
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Filing bankruptcy can provide meaningful financial relief when you’re facing burdensome, unpayable debt. But it also requires disclosing your assets to the courts – which makes some filers worry about legal impacts if they continue saving for retirement. The good news is that under most circumstances, you can and should continue contributing towards retirement during…
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Divorce is emotionally draining and financially taxing, especially when you’re dealing with crushing debt at the same time. If this applies to you, you might be wondering if filing for either Chapter 7 or Chapter 13 bankruptcy in Raleigh can help. The answer is yes, but it’s important to understand how the two processes can…
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If you’re considering filing for Chapter 13 bankruptcy in Raleigh, one of your main concerns may be protecting your retirement funds. After all, it’s likely the largest asset you have and in some cases, the sole source of income in your senior years. The good news is that your retirement plan is generally safe from…
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If you’re struggling with debt and considering filing for Chapter 13 bankruptcy in Raleigh, NC, you may feel overwhelmed and uncertain about your options. It’s natural to worry that your debt is too big to handle, especially if you’re unfamiliar with the bankruptcy process. As your bankruptcy lawyer in Raleigh, Attorney Weik can help you…
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