As an Asheville bankruptcy lawyer, one of my main tasks is to figure out a client’s best financial alternatives. I try to explain those options in a way that is easy to understand and simple to execute. Frequently, potential clients ask, “What is better for me? Debt settlement or bankruptcy?” Here are some of the…
As an Asheville bankruptcy attorney, I speak with many potential clients soon after they get served by the sheriff with a collections lawsuit. The uncertainty surrounding a legal action is unwelcome and stressful. Although a collection lawsuit can be intimidating, many times clients can defeat the action by taking the appropriate action either in bankruptcy…
The most expensive type of short term financing is getting more expensive in North Carolina. Targeting consumers who are desperately trying to make ends meet, these lending companies pay millions to influence the North Carolina legislature. The result is higher interest rates, more fees, and much larger profits for the companies. As an Asheville bankruptcy lawyer,…
As an Asheville bankruptcy lawyer, I frequently sit down with people who own a small business which is struggling to make ends meet. It is important for the small business owner to understand their rights both in bankruptcy and outside of bankruptcy before calculating their next best financial move. How is the business organized? If…
As an Asheville bankruptcy lawyer, I hear it most days from potential clients: “I’m working hard every single month, but after I pay my bills, there never seems to be anything left.” Everyone I meet with during a free, initial Asheville bankruptcy consultation is living on a budget. Some folks, like my amazing co-worker Michelle,…
You’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…
Most 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…
As an Asheville bankruptcy lawyer, I explain to people all the time that student loans are generally not dischargeable in a Chapter 7 or Chapter 13 bankruptcy case.However, if a client has an “undue hardship,” as defined by the BRUNNER test, they may be able to file an adversary proceeding within their bankruptcy case to…
As an Asheville bankruptcy attorney, I hear from many clients after they get served by the sheriff with a collections lawsuit. A suspicious knock on the door inspires fear and more stress about a client’s financial trouble. My initial reaction when fielding such a call is, “Don’t panic, you have options, lets get you on…
As a bankruptcy attorney in Asheville, NC, many of my potential clients ask about what they should tell creditors who call repeatedly.The creditor conversations usually go similar to this hypothetical conversation: “Sir, if we don’t receive at least $100 this month, we are going to be forced to take legal action.” Or, “This debt is…