My busiest time as a bankruptcy attorney in Asheville, NC is about to begin. Just as gym memberships rise after New Year’s Eve celebrations end, so do bankruptcy filings. Here are answers to a couple key questions about how to become debt free through the bankruptcy courts. What kind of relief am I eligible for?…
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 attorney, one of my functions is to help clients estimate the correct values for the property they own.By doing this well, we can permanently protect assets from the reach of the client’s creditors.This process has recently become more complicated for folks living near Asheville who have equity in their homes, want…
As an Asheville attorney practicing bankruptcy law, the thing I like best about my job is interacting with clients.I represent debtors who have worked hard, maybe made some honest mistakes, but have set their egos aside in order to provide more for their families.They have decided to file a bankruptcy case. Bankruptcy cases provide tremendous…
Frequently, yes. As long as you sell your property for fair market value, there is usually no problem with selling an asset prior to filing your bankruptcy case in Chapter 7 or Chapter 13. Problems arise in the bankruptcy context when one sells property for less than market value. Even with the best intentions, such…
I became an Asheville bankruptcy lawyer partly because collection companies break the law in order to profit. By breaking the law, the collectors receive more money from people unable to pay than they would otherwise. Their profit strategy is to intimidate, annoy, and irritate folks into writing them a check for some amount. I think…
As an Asheville bankruptcy lawyer, many clients come to me concerned that filing a Chapter 7 case means that they will sacrifice their ability to earn a good living in the future. With very rare exceptions, a Chapter 7 case will NOT limit your ability to earn money in the future. In fact, a Chapter…
As an Asheville bankruptcy lawyer, I speak about the costs of filing a bankruptcy case at every initial consultation.Part of figuring out a strategy to improve your financial situation is evaluating the costs of filing a bankruptcy case, and comparing those with the costs of not filing a case. Are you currently making payments on…
As an Asheville bankruptcy attorney, I spend a large portion of initial consultations discussing the negative consequences of filing a case.One fear which is often overblown, in my view, is the effect of a filing on your credit score. Many folks incorrectly think they will not ever have access to credit again or will not…
As an Asheville bankruptcy lawyer, I frequently advise people against filing a bankruptcy case when they have recently paid back a relative or family member.Making gifts or large payments to family members on the eve of bankruptcy can limit your debt relief options.Much better results can be achieved by filing a bankruptcy case first, and…