Bankruptcy Information
How 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 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 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…
Read MoreThree Biggest Myths about How Bankruptcy Affects the Debtor’s Financial Future
Even today, many people are discouraged from taking advantage of the best debt relief option available to them due to misconceptions about bankruptcy. People put a lot of stock in their creditworthiness for many financial matters, which is why it’s understandable that they are not willing to risk damaging their credit score. In some cases…
Read MoreA Bankruptcy Lawyer Can Help Married Couples Go Over Some Important Filing Considerations
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 MoreBankruptcy: A New Beginning
People often think that seeking attorney bankruptcy services is an end to what was once a prosperous and bountiful life. We certainly do meet a lot of these people in our line of work, but we also encounter those that view bankruptcy as something positive and life-changing. Declaring bankruptcy is actually a right of every…
Read MoreHow to Find a Reasonable Way to Get Relief from Overwhelming Debt?
Mortgages, auto loans, student loans, credit card debt, personal loans – all these things can spiral out of control to the point where you’ll need an attorney in Raleigh to sort things out. If you move slowly though, these debts will continue dragging you down and will prevent you from actually doing something to lessen…
Read MoreWhy Parental Pressure Can Result in Disastrous Financial Decisions
Our attorneys at the Raleigh branch are seeing an increase in young folks facing repossession, foreclosure and even bankruptcy. These are not the stereotypical youngsters that have gambled away their lives with foolish financial decisions. They are hard-working contributors to society and are striving to do their best despite the poor job market. A common…
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