As an Asheville bankruptcy attorney, one of my functions is to help clients estimate the correct values for the property they own.By doing this well, we can permanently protect assets from the reach of the client’s creditors.This process has recently become more complicated for folks living near Asheville who have equity in their homes, want…
As an Asheville bankruptcy attorney, I speak with many clients soon after they get served by the sheriff with a collections lawsuit.Although a collection lawsuit can be intimidating, many times clients can defeat the action by taking the appropriate action either in bankruptcy court or through the state court proceeding. If Served, You Still Have…
As a bankruptcy attorney in Asheville, NC, one of the most common questions I speak with clients about is what type of relief they qualify for.The ‘means test’ was implemented by Congress in 2005 in part to limit Chapter 7 relief to only the individuals who truly need it. Means Test The means test limits…
As an Asheville bankruptcy lawyer, I’ve been seeing more and more potential clients consult with me about their equity line balloon payments.Many times, bankruptcy can help a budget work better after one’s mortgage costs increase. The first step in assessing a client’s rights is to figure out what happens at the end of the ‘interest-only’…
I became an Asheville bankruptcy lawyer partly because collection companies break the law in order to profit. By breaking the law, the collectors receive more money from people unable to pay than they would otherwise. Their profit strategy is to intimidate, annoy, and irritate folks into writing them a check for some amount. I think…
Yes. As a bankruptcy attorney in Asheville NC, I primarily recommend two ways to protect your tax refund in a Chapter 7 case. First, we can use the bankruptcy exemptions you are entitled to.When exempted properly, Chapter 7 trustees are not allowed to intercept tax refunds.The vast majority of North Carolina bankruptcy filers use part…
A new year is upon us, and my busiest time as a bankruptcy attorney in Asheville, NC is about to begin.Just as gym memberships rise in the Spring, so do bankruptcy filings.Here are answers to a couple key questions about how to become debt free through the bankruptcy courts. What kind of relief am I…
As an Asheville bankruptcy attorney, I see my bankruptcy filings increase during the months of January and February.People resolve to clean up their financial lives as part of their new year’s celebration.When I see people raring to go for a bankruptcy case in January, I frequently explain that they need to wait a couple months…
My job as a bankruptcy attorney in Asheville, NC is to provide guidance to individuals struggling to pay their bills each month.I will only advise someone in need of financial help to file a bankruptcy case if it is in their financial best interests to do so.Filing a bankruptcy case can be a gut-wrenching decision…
As an Asheville bankruptcy attorney, I spend lots of time explaining the process of filing a case with prospective clients.I chose to be a bankruptcy lawyer because it makes me feel good to deliver hope in situations which seem hopeless.I usually have good news for folks who see me for initial bankruptcy consultations about their…