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Over 45 million Americans are drowning in student loan debts. When you’re trying to keep the lights on, pay rent, and juggle your other expenses, student loan payments (and their usually high interest rates) can be truly overwhelming. If you’re currently paying off your student loans and planning to file for bankruptcy in Raleigh, you…
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Individuals who file for Chapter 7 bankruptcy in Raleigh generally have very few or no assets. If this applies to you, you may be wondering how this will affect your filing. One of the first things we do here at Weik Law Office is to guide our clients through the means test. This test will…
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Americans are still feeling the devastating effects of COVID-19. Like many people, you may be drowning in debt after losing your job, dealing with health emergencies, and other financial issues made worse by the pandemic. Right now, you may be thinking of filing for Chapter 7 bankruptcy in Raleigh for relief. Chapter 7 can help…
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Many people think that Chapter 7 bankruptcy is better than Chapter 13 because it completely wipes out qualifying debt while the latter requires a repayment plan. However, it’s not that simple. Each chapter has unique tools that solve specific problems for debtors. If you’d like to save your home from foreclosure, for instance, you’re better…
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Filing for bankruptcy in Raleigh is a major decision with significant effects on your financial and personal affairs. It triggers the automatic stay, which goes a long way towards restoring your peace of mind. You receive more affordable payment plans and have certain debts eliminated altogether. For many people, it’s quite literally a new lease…
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