Bankruptcy is a valuable tool for North Carolina residents who are in over their heads on debt. While many people know that bankruptcy can give them a new start, few know that before they can file, they must go through credit counseling and receive a bankruptcy...
Some North Carolina families going through divorce also face the decision concerning bankruptcy and whether both spouses should file or just one. The type of debt you're trying to dispose of will help determine which option is best. Determining marital debt Divorces...
Under North Carolina law, you don't need a plan for your assets to be disbursed when you die. There is just one catch to this: In the United States, estates that have no will or trust plan get executed via probate. This hearing is how estates get contested, creditors...
It's not uncommon to find people receiving medical bills that they cannot afford to pay in North Carolina. If you're unable to pay a medical bill, you may consider filing for bankruptcy to eliminate it. Before you start thinking about whether you may want to file,...
It starts with past-due notices and continuous calls from your mortgage company. Falling behind on house payments in any environment, let alone during a pandemic, creates stress and uncertainty, particularly when a foreclosure notice is filed. You should know that...
Filing bankruptcy can give you a clean slate financially. If your income qualifies you for Chapter 7 bankruptcy, you will likely be able to discharge most of your personal debts in your case. If you file Chapter 13 bankruptcy, you may be able to have certain debts...
If you find yourself crushed by a mountain of debt, filing bankruptcy could provide you the financial relief you need. Yet, you may wonder whether it is the right option for you, since you may fear you could lose your home during proceedings. Like many people who file...
When picturing divorce, many people think of spouses sitting in a courtroom waiting for a judge to decide their future. Some imagine a bitter and contentious fight. While contested divorces do happen frequently, most divorcing couples understand that the best outcomes...
If you’re drowning under a mountain of debt, filing bankruptcy may be your best option for a fresh financial start. Yet, you will likely have concerns about its implications on your livelihood. Since bankruptcy will affect your credit, you may fear a prospective...
Medical care costs can be debilitating. Americans are sinking further and further into debt because of health care, and there doesn’t seem to be much reprieve on the horizon. Fortunately, there may be a way you can get some much-needed relief. Six out of 10 people...
