When I sit down to discuss a person’s financial situation at a free, initial bankruptcy consultation, they are usually nervous about the prospect of dealing with bankruptcy judges, trustees, and their creditors. Many people are nervous just sitting down with a bankruptcy lawyer. Most of the time, for those who decide to file bankruptcy, their…
DetailsYes. In bankruptcy, there are a couple strategies regularly employed by clients to help with their monthly car expense. First, clients can “cram-down” their car payment through a Chapter 13 bankruptcy case. Another commonly used strategy is to eliminate liability on the car note in a Chapter 7 bankruptcy case. The Expensive Car Problem I’ve…
DetailsMany creditors have a systematic approach to collecting money from customers who can’t pay them back. In my Asheville bankruptcy law practice, it is common for potential clients to schedule an initial consultation with me immediately after receiving a summons for a collection lawsuit from the sheriff. Others have had a default judgment hurting their…
DetailsYou’ve done it. After a long struggle with household budget issues, debt crisis, and some purchases that didn’t turn out as planned, you’ve decided to get your finances fixed once and for all. You are even willing to file a bankruptcy case if that’s what it takes. As a bankruptcy attorney in Asheville, NC, I…
DetailsNo, only the person who files a bankruptcy case will have the filing reported on their credit history. Under the bankruptcy code, a person has a right to file a case without their spouse. As a bankruptcy attorney in Asheville, NC, a common question I receive from stressed out consumers is whether they should file…
DetailsAs a North Carolina Student Loan Lawyer, I spend time working with students living anywhere in North Carolina on resolving issues regarding their loans and payback options. Yesterday, the income-based repayment options were expanded. Read the NPR article here. As explained in the article, one of the primary issues with former students struggling with repayment…
DetailsI talk to many residents in Western North Carolina who are approaching retirement age, and are having financial difficulties. As an Asheville bankruptcy attorney, I can help folks sort through fact and fiction when deciding how to protect the assets you intend to pass on to your relatives after death. Exemptions inside and outside of…
DetailsMost of the time, all of it. As an Asheville bankruptcy attorney, I speak with people daily about how it is possible to become debt free and achieve a financial “fresh start” through our country’s bankruptcy system.An important concept in bankruptcy is that people should be allowed to keep certain property they own which is…
DetailsThe usual options to get a student loan out of default are consolidation, rehabilitation, or repayment. As a North Carolina student loan lawyer, I help people from anywhere in North Carolina cure the default status of their student loans.By doing so, wage garnishments are halted.In addition, student loan borrowers struggling with payments can begin receiving…
DetailsWhen financial trouble strikes, people get creative trying to make ends meet. One common strategy is to use retirement money to pay monthly bills. As a bankruptcy attorney serving clients in Franklin, NC, I speak to people daily about ideas they have come up with to deal with their debt problems. I almost never suggest…
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