One of the frustrating parts of the bankruptcy code for me, personally, is the inability of most clients to discharge student loan debt in Chapter 7 or Chapter 13. I believe schools should have to prove the value of the degrees they are issuing (in terms of real jobs produced) before having their loans guaranteed…
Since I take payment plans, you can spread the fee over time and can afford it. This is particularly true if you are not having to pay other creditors. At your initial consultation, I can go over your bills and let you know which ones you can safely stop paying. Many times, particularly during January…
I see clients all the time who have become aggravated by the short sale process because right when they think they have a deal, their mortgage company changes the terms again. It feels like a hopeless situation waiting on the bank to sign off to let the client move on with their life. I have…
When people come to see me at my Asheville NC office, and are behind on their mortgage or car payments, one option we will discuss is a Chapter 13 bankruptcy (we’ll also talk about Chapter 7). We can reduce your monthly expenses in Chapter 13 by paying your ‘disposable income’ to creditors in a repayment…
Bankruptcy lawyers near Asheville, NC charge different amounts for Chapter 7 bankruptcy cases. I base my fee on the amount of time I will need to spend in order to do the job right, and achieve a discharge for my clients. One way to reduce the amount of time my staff and I spend on…
A motion for relief from stay is a request by a creditor for the Bankruptcy Court to grant permission for them to pursue collection actions such as foreclosures, repossessions, etc. There are a couple reasons such requests are granted: failure to make payment, a client has decided to surrender the property in the bankruptcy, or…
Tax refunds, for most Americans, are a welcome boost to their financial picture every Spring. An Asheville, NC bankruptcy attorney can protect your refund from the reach of a bankruptcy trustee by properly using exemptions. Your refund, like money in your bank account or the car is your driveway, is considered an asset you own. …
We have finally received some good news in the job market: Unemployment Rate Drops. Most people who make an appointment with an Asheville bankruptcy attorney think that bankruptcy is a process designed to help the poorest of the poor. Not true. I generally do not recommend a bankruptcy filing unless, if all your medical and…
Yes, you can. An Asheville Bankruptcy Lawyer can explain your choices, and make a recommendation on the best strategy for you. If the collateral is real estate and your payments are current on the date that you file the Chapter 7, and your equity in the collateral is covered under the exemptions ($35,000 per spouse…
Judge George Hodges, though still presently serving the Asheville Bankruptcy Court, announced his retirement earlier this year. Judge Laura Beyer began work for the Western District of North Carolina last Tuesday to begin her 14 year term. Read about her outstanding credentials here: New Bankruptcy Judge Feels Deep Sense of Commitment. The Bankruptcy Court…