Debt can come from a variety of situations, from medical bills to layoffs to money management mistakes. Sometimes your debt becomes so overwhelming that it becomes time to consider bankruptcy as a way to move forward. Bankruptcy can be a helpful tool if you are over...
Guiding North Carolina individuals and business owners toward financial stability through bankruptcy.
Bankruptcy
What types of property can you keep in North Carolina bankruptcy?
If you decide to file for bankruptcy in North Carolina, you can keep personal property and other items to assist in a fresh financial start. These items, called exemptions, apply to individuals who live in the state for at least 730 days before filing for bankruptcy....
How do you avoid falling back into credit card debt?
After filing for bankruptcy, one of the best things you can do for yourself is work on your spending habits, finances and budgeting. After all, the last thing you want is to fall back into debt after taking the painstaking time and effort to dig your way out. But how...
Is there a link between medical debt and bankruptcy?
Whether it is job loss, divorce, home repair or medical emergency, financial tragedies can dramatically impact unsuspecting individuals across the nation. These tragedies can strike without warning. Unfortunately, many hardworking Americans do not have thousands of...
How can you avoid falling back into credit card debt?
When digging yourself back out of debt, it is important to plan ahead for the future. After all, your hard work now will mean nothing if you keep the habits that led you into credit card debt in the first place. There are several things you can do to prevent yourself...
How Subchapter 5 bankruptcy differs from Chapter 7 and 11
The Small Business Debtor Reorganization Act went into effect in February of 2020 to provide small businesses with financial relief. Known as Subchapter 5 of the Bankruptcy Code, business owners experiencing a temporary hardship may qualify if their debts do not...
How can you tell if a debt collector is harassing you?
As a victim of debt, you already spend a majority of your time feeling ashamed of your situation. Fear is the last thing you need to deal with on top of that. Unfortunately, this is exactly what harassing debt collectors instill in victims. But how can you tell if you...
Mortgage forbearance versus loan modification
You want to keep current with your mortgage payments so that your home remains secure, but you are having trouble making the monthly payments. What can you do? Two different options may be available to you depending on your hardship. Mortgage forbearance Mortgage...
Debts from a serious health issue may require a Chapter 7 filing
A job loss or temporary layoff not only reduces income, it may also result in losing a health insurance plan. If a serious illness or medical condition develops while unemployed, a trip to the emergency room could cause overwhelming financial problems. One in four...
Debt relief designed for family farmers and fishermen
The financial relief from bankruptcy can allow a family or business to get back on its feet again. However, certain people do not fit into the right circumstances to qualify for Chapters 7, 11 or 13. According to the U.S. Bankruptcy Courts, the solution designed for...
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We are a debt relief agency under the United States Code. We help people file for bankruptcy relief under the Bankruptcy Code
