You have questions, we have answers: I am married, do both of us have to file bankruptcy?

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 […]

Something To Consider: Financial Spring Cleaning

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.

You have questions, we have answers: I have been told if I file for bankruptcy I will lose my home, is this true?

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 […]

Couples and Money

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 […]

You have questions, we have answers: Don’t I have to give up everything I own if I file for Bankruptcy?

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 […]

You have questions, we have answers: What will bankruptcy do about the collection agencies that keep harassing me?

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 […]

Financial New Year’s Resolutions for 2021

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 […]

Looming Rent Crisis?

“According to the most recent Census Household Pulse survey, a staggering 10 million plus households in the United States, nearly one-fourth of the nation’s renters, are behind on rent.” What does this mean for landlords and renters going forward? Irina Ivanova explores the implications.

You have questions, we have answers: What can a creditor do to me?

Debt collection is a multi-step process: Creditors can contact you to collect on a debt, but keep in mind that they may not make any idle or illegal threats – such as throwing you in jail, reporting you to social services, or taking belongings that aren’t connected to the debt itself. They can sue you […]

Are your goals SMART?

One good way to plan for a purposeful year is to set goals that will enable you to accomplish the vision you have for your year ahead. Make sure your goals are SMART: Specific: General goals are good start, however try to make goals as specific as possible. Measurable: Goals must be measurable so you […]