Many clients come to me focused on getting a Chapter 7 case filed, which I am happy to help with. However, even if you qualify for a Chapter 7, here is a list of some advantages of filing a 13 instead: The upfront costs are lower. Chapter 7 clients are required to establish a payment…
I sat down with a client yesterday who thought she would never get credit again if she decided to file a case. She had talked to a collection agency which implied that a bankruptcy case would mean she would never be able to use a credit card again. The truth is you will receive approximately…
Student loans are almost impossible to discharge entirely through a bankruptcy filing in Asheville and around Western North Carolina. However, in some situations you are allowed to favor student loan creditors in your Chapter 13 case. By setting up this type of plan, you can reduce the amount you owe on student loans instead of…
Yesterday, I sat down with a client who explained how she had tried to do the “right thing” by signing up with a debt consolidation service. I had not heard of the company to which she had been paying $419 monthly for the past year, so I did a Google search on them. Attorney Generals…
Debt collectors have a poor reputation for being willing to do or say just about anything if it will get you to pay them money for a past debt. Their best strategy, the one most effective, is imposing fear or guilt on one of their targets. Filing a bankruptcy case stops collector calls immediately when…