Recently, I spoke with a man who felt like he was constantly on the edge. Each month he would wonder if he was paying the right company, responding correctly to telephone calls, and doing the responsible thing. He said, “I work hard each month, and it just keeps getting tighter and tighter. I’ve always paid…
DetailsNobody wants to file a bankruptcy case. For many people who have been struggling, a bankruptcy case represents horror and shame. They continue to struggle month after month to make ends meet, paying high credit card interest or small payments to collection companies. Eliminating debt through a bankruptcy filing would immediately change where their money…
DetailsI often speak with new clients in my bankruptcy law practice here in Asheville NC about what property they can keep should they decide to file a Chapter 7 case. In over 90% of the cases filed, the answer is: everything. All of your property should be listed on your petition, but most of the…
DetailsWhen the following conditions exist, filing Chapter 7 may be your best bankruptcy option: You cannot pay your debts. Your creditors are pestering you or threatening to sue you. All of your assets are exempt. If you want to keep property securing a debt (house, car, etc.) you are current with the payments. Chapter 13…
DetailsSince I take payment plans, you can spread the fee over time and can afford it. This is particularly true if you are not having to pay other creditors. At your initial consultation, I can go over your bills and let you know which ones you can safely stop paying. Many times, particularly during January…
DetailsSmall business owners near Asheville NC consult with me all the time about their options in bankruptcy. They often wonder if they can keep their business going, and what life will look like after a case has been filed. The good news is that a “fresh start” in bankruptcy can give a small business a…
DetailsAs a bankruptcy lawyer near Asheville NC, it hurts when I speak with people during an initial consultation who have been paying money they desperately need for their families to unscrupulous debt settlement “law firms.” The sales pitch is aimed at people who want to avoid bankruptcy at all costs, and these “law firms” or…
DetailsMany clients wait until they get served by the sheriff with a collections lawsuit before calling a lawyer for advice. The awful knock on the door inspires fear and more stress about a client’s trouble. My initial reaction when fielding such a desperate call is, “Do not panic, we can go over your options and…
DetailsIf you need a bankruptcy attorney near Asheville NC, you probably know that the ethical attorneys require the lawyer fee to be paid prior to filing the petition. This stems from the fact that the lawyer’s job is to fight against your creditors, and if their fee is not paid before filing, the lawyer is…
DetailsI see clients all the time who have become aggravated by the short sale process because right when they think they have a deal, their mortgage company changes the terms again. It feels like a hopeless situation waiting on the bank to sign off to let the client move on with their life. I have…
Details