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Married couples in Raleigh have two options when it comes to declaring bankruptcy. They may file individually or jointly. Individual filing is ideal if only one spouse needs to settle debt. This is also beneficial for the other partner since it won’t affect their credit whatsoever. Joint filing, on the other hand, allows married couples…
Read MoreA typical Chapter 13 bankruptcy case may last anywhere from three to five years. A lot can happen during that time, and you may find yourself defaulting or no longer able to keep up with the originally agreed to repayment plan. Some common reasons for this may include increased expenses, emergencies or illness. Fortunately, you…
Read MoreSome people who file for Chapter 7 bankruptcy fail to take full advantage of its ability to discharge debt. For instance, you may not be aware that you can get your tax debt wiped out under Chapter 7. In truth, Chapter 7 can discharge some types of tax debt provided that they satisfy certain requirements.…
Read MoreWhen your finances are in trouble and you can no longer afford to pay for your debt, it may be a good idea to consider filing for bankruptcy. If you’re eligible, it’s the solution that will free you from financial problems. It might also be just what you need to keep your business going despite…
Read MoreWhen you are in dire financial trouble and you know that there is no way that you can crawl out of debt on your own, it’s time to consider filing for bankruptcy. It is a solution that can help cancel out your existing debt or come up with a more manageable payment plan for it.…
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