When people come to see me at my Asheville NC office, and are behind on their mortgage or car payments, one option we will discuss is a Chapter 13 bankruptcy (we’ll also talk about Chapter 7). We can reduce your monthly expenses in Chapter 13 by paying your ‘disposable income’ to creditors in a repayment…
DetailsBankruptcy lawyers near Asheville, NC charge different amounts for Chapter 7 bankruptcy cases. I base my fee on the amount of time I will need to spend in order to do the job right, and achieve a discharge for my clients. One way to reduce the amount of time my staff and I spend on…
DetailsA motion for relief from stay is a request by a creditor for the Bankruptcy Court to grant permission for them to pursue collection actions such as foreclosures, repossessions, etc. There are a couple reasons such requests are granted: failure to make payment, a client has decided to surrender the property in the bankruptcy, or…
DetailsWhile working in Asheville, NC, I speak every day with people who confess they never thought they would be speaking with a bankruptcy lawyer. Lots of folks never hear about their friends or co-workers filing, and think they must be the only ones. Well, if you are having financial trouble, you are not the only…
DetailsYes, so long as certain requirements are met. An Asheville NC bankruptcy lawyer can guide you through the steps necessary to remove the lien and make the most of the relief offered through the Court. Under 11 U.S.C. 522(f) of the bankruptcy code, a lien can be removed to the extent it impairs an exemption…
DetailsTax refunds, for most Americans, are a welcome boost to their financial picture every Spring. An Asheville, NC bankruptcy attorney can protect your refund from the reach of a bankruptcy trustee by properly using exemptions. Your refund, like money in your bank account or the car is your driveway, is considered an asset you own. …
DetailsAn Asheville Bankruptcy Attorney can explain the North Carolina exemptions, how they work, and how they apply to the facts of your case. Generally, over 90 percent of people who file a Chapter 7 case keep ALL of their property. Here is a summary of the exemptions for Western North Carolina (please note: for a…
DetailsWe have finally received some good news in the job market: Unemployment Rate Drops. Most people who make an appointment with an Asheville bankruptcy attorney think that bankruptcy is a process designed to help the poorest of the poor. Not true. I generally do not recommend a bankruptcy filing unless, if all your medical and…
DetailsThis story, about how over 20 percent of our population surrounding Asheville is living in poverty, demonstrates the need for people to take action regarding their financial situations. If not for their own sakes, they should explore options for the sake of their family. All too often, I meet with hard working folks who have…
DetailsYes, you can. An Asheville Bankruptcy Lawyer can explain your choices, and make a recommendation on the best strategy for you. If the collateral is real estate and your payments are current on the date that you file the Chapter 7, and your equity in the collateral is covered under the exemptions ($35,000 per spouse…
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