As an Asheville bankruptcy attorney, I hear a lot of misguided ideas potential clients have heard from friends or debt consolidation salesmen. If you are under financial strain, it is important to separate fact from fiction before making a decision about your next steps. Here is a list of common bankruptcy myths which paralyze people,…
As an Asheville bankruptcy attorney, Spring is my busiest time of year. Tax refunds are a reason bankruptcy filings go up. Why spend refund money on credit card minimums when you can wipe out your debt by filing a Chapter 7 case? With careful planning, you can file for bankruptcy and keep your tax refund.…
Yes. As an attorney practicing bankruptcy law in Asheville, NC, I counsel people all the time who are concerned about how friends and neighbors will react to a bankruptcy filing. First of all, in the majority of cases, the only folks who find out about a case are your creditors, the trustee, your attorney, and…
As an Asheville bankruptcy lawyer, I help people protect various assets. This is called exempt property. In over 90 percent of the Chapter 7 bankruptcy cases I file, all of the property my clients own fits within the North Carolina or Federal Bankruptcy exemptions. They get to keep all their property. One type of asset…
As an bankruptcy attorney in Asheville, North Carolina, I meet every day with people who are overwhelmed with debt problems but do not know where to begin. I encourage everyone in Western North Carolina who is feeling pressure from bill problems to seek help from a qualified, bankruptcy attorney who offers free consultations. Your problems…
As an Asheville bankruptcy lawyer, I speak with people every day who are upset and overwhelmed by their financial situation. If they could work harder, make more money, and pay back all their debts, they would. Unfortunately, in today’s economy, it is frequently not that easy. When called upon, my job is to help honest…
Many bankruptcy clients wait until they get served by the sheriff with a collections lawsuit before seeking help with their financial problems. Better results can be achieved by acting earlier, but all is not lost merely because a lawsuit has been initiated. My first reaction when fielding such a desperate call is, “Do not panic,…
As a bankruptcy attorney in Asheville, NC, I frequently speak with people having difficulty with their student loan debt. These folks are sharp enough to figure out that student loan debt is generally not dischargeable in a Chapter 7 or Chapter 13 bankruptcy case. Even so, I strongly recommend folks having trouble paying their bills…
One of the reasons I became a bankruptcy attorney is that debt buyers use collection companies to intimidate, harass, and threaten people for profit. Strikedebt.org has a new campaign called Rolling Jubilee which uses donations to eliminate debt for Americans who need help. This video explains the Rolling Jubilee campaign. Not lucky enough to be…
Under bankruptcy statute 11 USC 1326(a), the first Chapter 13 plan payment is due within 30 days of filing a case. By timing when you file a case properly, we can sometimes avoid making a month of mortgage payments or car payments in order to improve your household’s cash flow. In short, by skipping a…