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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 MoreSeeking 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 MoreSome 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 MoreAt 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 MoreMany 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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