The bankruptcy bargain: honesty in exchange for a second chance.

During initial bankruptcy consultations, I make a point to discuss the theory of bankruptcy with potential clients so they understand what relief they are getting and at what price. The bankruptcy court provides debt relief, asset protection and a second chance at financial success in exchange for completely and honestly disclosing details of your financial…

Should I cash out my retirement accounts?

When financial trouble hits, consumers will do almost anything to make ends meet.  Cashing out retirement accounts is common if a family falls behind on bills.  I’ve seen this strategy being used time and time again as a bankruptcy lawyer serving Western North Carolina.  It makes sense for consumers to consider all of their alternatives,…