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December 2019 Archives

What are the most common causes of bankruptcy?

Unfortunately, significant debts are a reality for many hardworking people across the United States. It's common for people to feel guilt or shame regarding their debts, and due to this, they may experience some level of denial, choosing to continue maintaining the lifestyle they are accustomed to by using credit cards as funding.

When is a Chapter 13 bankruptcy filing a good choice?

Filing for bankruptcy is a great way for those struggling with overwhelming debt to get relief. However, some people are hesitant about taking action to file, even when they are in desperate financial circumstances. This is often due to the stigma associated with bankruptcy. In addition, many prospective bankruptcy filers worry that they will lose their home when filing for bankruptcy.

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Wilmington Office
321 North Front Street
Wilmington, NC 28401

Phone: 252-558-1374
Fax: 910-254-3444
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Gillespie & Murphy, P.A.
320 Middle Street
New Bern, NC 28560

Phone: 252-558-1374
Fax: 252-636-0625
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200 Valencia Drive, Suite 119
Jacksonville, NC 28546

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101 W 14th St, Suite 101
Greenville, NC 27834

Phone: 252-558-1374
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