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?…
As an Asheville bankruptcy attorney, I speak with many potential clients soon after they get served by the sheriff with a collections lawsuit. The uncertainty surrounding a legal action is unwelcome and stressful. Although a collection lawsuit can be intimidating, many times clients can defeat the action by taking the appropriate action either in bankruptcy…
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 lawyer, I frequently sit down with people who own a small business which is struggling to make ends meet. It is important for the small business owner to understand their rights both in bankruptcy and outside of bankruptcy before calculating their next best financial move. How is the business organized? If…
As an Asheville bankruptcy lawyer, I hear it most days from potential clients: “I’m working hard every single month, but after I pay my bills, there never seems to be anything left.” Everyone I meet with during a free, initial Asheville bankruptcy consultation is living on a budget. Some folks, like my amazing co-worker Michelle,…
One of the reasons I became an Asheville bankruptcy lawyer is that I believe the debt collection industry is unfair. Frequently, the debt collectors know that their targets are judgment proof, meaning the collector can only receive money voluntarily from the borrower – not through the legal process. Still, their approach is to continue calling.…
When I sit down to discuss a person’s financial situation at a free, initial bankruptcy consultation, they are usually nervous about the prospect of dealing with bankruptcy judges, trustees, and their creditors. Many people are nervous just sitting down with a bankruptcy lawyer. Most of the time, for those who decide to file bankruptcy, their…
Yes. In bankruptcy, there are a couple strategies regularly employed by clients to help with their monthly car expense. First, clients can “cram-down” their car payment through a Chapter 13 bankruptcy case. Another commonly used strategy is to eliminate liability on the car note in a Chapter 7 bankruptcy case. The Expensive Car Problem I’ve…
Many creditors have a systematic approach to collecting money from customers who can’t pay them back. In my Asheville bankruptcy law practice, it is common for potential clients to schedule an initial consultation with me immediately after receiving a summons for a collection lawsuit from the sheriff. Others have had a default judgment hurting their…
You’ve done it. After a long struggle with household budget issues, debt crisis, and some purchases that didn’t turn out as planned, you’ve decided to get your finances fixed once and for all. You are even willing to file a bankruptcy case if that’s what it takes. As a bankruptcy attorney in Asheville, NC, I…