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 a bankruptcy attorney in Asheville NC, I speak with people daily about how they are deciding which creditor to pay first when their financial situation becomes strained.Frequently, the loudest creditor is the last one my potential clients should be paying. Credit Card Collectors When a credit card bill goes unpaid, many accounts are automatically…
As an Asheville bankruptcy attorney, I speak with many clients soon after they get served by the sheriff with a collections lawsuit.Although a collection lawsuit can be intimidating, many times clients can defeat the action by taking the appropriate action either in bankruptcy court or through the state court proceeding. If Served, You Still Have…
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 lawyer in Asheville, I spend time each day explaining the rights creditors have against consumers.While many federal debts (student loans and IRS, primarily) can cause a wage garnishment, most simple unsecured creditors (credit card, personal loan, and medical) cannot garnish wages in North Carolina.What they can do is file a lawsuit against…
As a bankruptcy attorney in Asheville NC, I counsel people who have tried to stop automatic bank drafts to a specific creditor but end up with more overdraft fees from their own banks instead. Last week, I met with someone who was charged over $300 because a draft they had already called their bank to…
Yes. As an attorney practicing bankruptcy law in Asheville, NC, I counsel people all the time who are concerned about how friends and neighbors will react to a bankruptcy filing. First of all, in the majority of cases, the only folks who find out about a case are your creditors, the trustee, your attorney, and…
Many bankruptcy clients wait until they get served by the sheriff with a collections lawsuit before seeking help with their financial problems. Better results can be achieved by acting earlier, but all is not lost merely because a lawsuit has been initiated. My first reaction when fielding such a desperate call is, “Do not panic,…
As a bankruptcy attorney in Asheville NC, I frequently meet with potential clients who are worried about collection companies calling their family members and employers in an attempt to collect an old debt. Its difficult, stressful and annoying. Since the collection companies are paid on commission, their strategy is frequently to intimidate you into writing…
When speaking with a bankruptcy client last week, he said, “I’ve always paid my bills, and eventually I want to pay every penny back to the credit card companies.” I told him while I applaud how noble his thinking was, I also thought it was noble to take care of his wife and children INSTEAD…