I want to buy a house. Can bankruptcy help?

As an Asheville bankruptcy attorney, I frequently meet with folks who have been turned down recently by their bank for a mortgage loan. After speaking with the bank, and being rejected because of old debts clouding their credit report, they call me to assess how they can get their financial lives in order. Many times,…

My home equity loan has a balloon note coming due soon. Can bankruptcy help?

As an Asheville bankruptcy lawyer, I’ve been seeing more and more potential clients consult with me about their equity line balloon payments.  Many times, bankruptcy can help a budget work better after one’s mortgage costs increase. The first step in assessing a client’s rights is to figure out what happens at the end of the…

Is my home protected if I file for bankruptcy?

As an Asheville bankruptcy lawyer, I talk about options for homes with people who are facing difficult financial circumstances.  Generally, if you want to keep your home, the most important thing moving forward is your ability to continue making the mortgage payments. Chapter 7 v. Chapter 13 Bankruptcy In a Chapter 13 bankruptcy case, the…