You have questions, we have answers: If I file for Chapter 13 bankruptcy relief, will I have to make monthly payments to every creditor? No! This is why: Chapter 13 bankruptcy is NOT a debt consolidation. We will determine your payment based on what you can afford to pay on a monthly basis. You will […]
Yes, but how long you have to wait to re-file depends on the type of bankruptcy that you initially filed, if you received a discharge, and the type of bankruptcy you now wish to file. The re-filing time periods vary from two years to eight years. We can help you navigate the best time to […]
Usually not. While a bankruptcy filing is technically public record, it is not easily available information for most people to find. Bankruptcy information is on a court database that is not searchable from websites like Google or Yahoo.
No, you can absolutely file individually! Whether you should or not depends on who is legally liable on the debts that you have: ~ If you have individual debts, then filing individually may make the most sense for your family. ~ If you have joint debts with your spouse, it may not be a good […]
Spring time cleaning isn’t just for your junk drawers and closets! Here are some key points to consider when you spring clean your finances this year.
This is completely false! One of the main purposes of filing bankruptcy is to protect your most important assets, like your home. And if you are current on your payments, you can rest assured that your home’s equity will be protected from creditors as well. At a minimum, North Carolina individuals can protect $35,000 worth […]
Growing a healthy financial rapport with your significant other is an important, and often overlooked, part of a thriving relationship. As Vicki Cook and Amy Blacklock of Women Who Money state: “Doing the work … will put you on the path to a brighter financial future. It’s so beneficial to understand your money “history” and […]
Absolutely not! North Carolina and Florida law set up exemptions that will protect your assets from creditors. We will determine if you can keep everything you own under NC or FL law before you file for bankruptcy protection. Most of our clients who are eligible for Chapter 7 bankruptcy are able to keep everything they […]
Leave a debt unpaid long enough and chances are you will receive multiple daily reminders of the unpaid balance, late fees, accruing interest and potential legal actions that will be taken against you. It is stressful enough to know that you aren’t able to meet a financial obligation, but add unsavory collections practices to mounting […]
One month into the New Year and hopefully you have used the past few weeks to adopt (and stick to!) some new financial behaviors that are already positively impacting your finances. As Colleen McCreary observes, “This last year taught us how important it is to have a handle on our finances in the event that […]