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…
When filing a Chapter 7 bankruptcy case in Western North Carolina, clients have a right to “reaffirm” their car loan debt. By doing so, they can keep their car while maintaining the same payments as if they had never filed a case. I frequently advise clients to consider not signing a reaffirmation agreement. Particularly when…
As an Asheville bankruptcy attorney, I meet almost every day with someone who is behind on real estate mortgage payments. Depending on your goals, various options exist via Chapter 7 and Chapter 13 bankruptcy cases. If you want to keep the property: Chapter 13 is a type of bankruptcy designed to help you “catch-up” on…
As an Asheville bankruptcy attorney, I frequently get calls from people living around the country who own real estate in our mountains. Other times, people living here wonder if they need to file a bankruptcy case back where their old home is being foreclosed on, or where they owe other debts. In 2005, Congress established…
As a bankruptcy attorney in Asheville, one of my primary goals is to establish and protect retirement funds for my clients. Very few people can work until the day they die. Protecting client accounts and contributing to retirement accounts (instead of paying credit card minimums) after a bankruptcy filing are almost always a part of…
There is never a perfect time to file a bankruptcy case. When people come to talk to me about a filing for Chapter 7 or Chapter 13 at my Asheville, North Carolina bankruptcy law office, we almost always talk about their budget and how they are paying their bills right now. Ideally, clients should wait…
As an Asheville bankruptcy lawyer, I speak with people everyday who worry they will lose their belongings if they eliminate their credit card and medical debts with a bankruptcy case. In over 90 percent of the cases filed, Chapter 7 bankruptcy clients keep all of their property. For cars, bankruptcy clients have four different options. …
Since 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…