As an Asheville bankruptcy lawyer, I speak with people on a daily basis about the process.People frequently smile during our appointments and admit that they could of used the available bankruptcy relief sooner:last month, last year, or years ago!Here are a few myths which I commonly hear from clients which keep them from scheduling a…
As an Asheville bankruptcy lawyer, I spend a lot of time discussing options with clients during free, initial consultations.My goal is to deliver good information to potential clients about the best way to achieve financial stability both inside and outside of bankruptcy. Here are some things to keep in mind: The appointments take about 30…
As an Asheville bankruptcy lawyer, I speak with people about their tax debts on a daily basis.Although many recent taxes are ‘priority debts,’ which are not dischargeable in a Chapter 7 bankruptcy, the bankruptcy code does provide relief. First, many taxes are labeled ‘non-priority,’ and can be discharged in a Chapter 7 case just like…
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 lawyer, I ask clients all the time whether they have any retirement savings. All too often, I hear, “Not anymore.” North Carolina’s exemption laws, and federal exemption laws, protect money in a retirement account from creditor levies or liens.This is a reason why lawsuits and court proceedings are inefficient for creditors…
Potential clients in my Asheville NC bankruptcy practice almost always ask about options for their car. If you file a Chapter 7 bankruptcy case, and currently owe money on your car, you are entitled under the Bankruptcy Code to reaffirm, redeem, or surrender the car. Most frequently, however, I advise clients to consider a 4thoption,…
As a bankruptcy attorney in Asheville NC, clients come to me because they need a fresh start.Many have endured some sort of financial hardship: job loss, medical problems, or divorce.These problems frequently lead to important financial documents not being readily available.Regardless, one of my firm’s tasks is to help a client organize the documents we…
As an Asheville bankruptcy attorney, I speak to people daily about the differences between debt settlement programs and filing a bankruptcy case.People enter debt settlement programs with very good intentions:they want to avoid a bankruptcy case.Unfortunately, debt settlement companies overpromise and often spend the bulk of their company’s resources on sales and marketing. Listen to…
As a bankruptcy attorney in Asheville, I recommend a bankruptcy case for about half the people I meet at an initial consultation.Half of the people I see, in my opinion, are better off not filing a case.For those folks, we spend the bulk of our time together at their free consultation discussing bankruptcy alternatives and…
As an attorney practicing bankruptcy law in Asheville, NC, I frequently sit down with folks who have for one reason or another fallen behind on their mortgage payments. They are wondering about when the mortgage company can foreclose, and what that process entails. First Mortgage Default After falling behind about 3-4 months on your first…