I’ve got an expensive car loan. Can bankruptcy help?

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…

Judgments in Bankruptcy

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…