As an Asheville bankruptcy lawyer, I advise consumers to protect the things they own by using their available exemptions. In over 95 percent of the Chapter 7 bankruptcy cases filed in Western North Carolina, all of the property a consumer owns fits within the North Carolina or Federal Bankruptcy exemptions. Consumers get to keep all…
As an Asheville bankruptcy attorney, I sit down with potential clients who give various reasons for why they had waited for a long time before sitting down with me to discuss their financial situation and relief options. One common explanation I’ve heard many times is that “I would have called you last year, and have…
Many potential bankruptcy clients schedule initial consultations because they have felt overwhelmed by debt problems for a long time. Generally, they have tried just about everything they know of to fix their financial issues and call my Asheville bankruptcy law office as a last resort. They’ve been struggling to make minimum payments on credit card…
Probably not. During initial consultations, I usually ask clients to tell me about what debts they owe so we can create a plan to deal with them efficiently. Many clients tell me about some of their debts, and then explain that the rest of their debts have been “charged-off.” A “charge-off” usually means the original…
When financial trouble hits, consumers will do almost anything to make ends meet. Cashing out retirement accounts is common if a family falls behind on bills. I’ve seen this strategy being used time and time again as a bankruptcy lawyer serving Western North Carolina. It makes sense for consumers to consider all of their alternatives,…
Over the years, I’ve seen patterns in the types of financial problems consumers in Western North Carolina are facing. As an Asheville bankruptcy attorney, I help people with a wide variety of financial issues. Here is a partial list of the most common reasons why many of my present and former clients have considered a…
In over 95% of Chapter 7 bankruptcy cases filed in Western North Carolina, consumers are allowed to keep all of their property. As an Asheville bankruptcy attorney, I speak with people daily about the concept of “exemptions,” which protect a limited amount of property from the reach of a consumer’s creditors.The bankruptcy code promises a…
When there is not enough money in the household budget to pay all the required bills, consumers face a difficult choice about what bills to pay. As an Asheville bankruptcy attorney, I know it is quite common for the loudest and most annoying creditor to get paid which means more important household bills get neglected.…
As an Asheville bankruptcy lawyer, I hear it most days from potential clients: “I’m working hard every single month, but after I pay my bills, there never seems to be anything left.” Everyone I meet with during a free, initial Asheville bankruptcy consultation is living on a budget. Some folks, like my amazing co-worker Michelle,…
One of the reasons I became an Asheville bankruptcy lawyer is that I believe the debt collection industry is unfair. Frequently, the debt collectors know that their targets are judgment proof, meaning the collector can only receive money voluntarily from the borrower – not through the legal process. Still, their approach is to continue calling.…