Of course!  The court does not expect everyone who files bankruptcy to be down, out, and unemployed.  That’s just not how life works; our clients are good hard working people who have simply fallen on hard times. You may have a job and file a bankruptcy and in most cases unless you have signed something [...]

The saying, “The early bird gets the worm” is not always the best advice to take.  For example, if you have already consulted with your bankruptcy attorney and decided that once you file your bankruptcy you will be surrendering your vehicle, giving it up voluntarily before the bankruptcy is filed is not the best decision.  [...]

If you are currently in a Chapter 13 bankruptcy, you may receive a copy of a document called a Proof of Claim. This document is important in your Chapter 13 case because it plays a major role in determining which of your creditors the Chapter 13 Trustee is paying. When you filed your Chapter 13 [...]

If you are behind on your house payments and are considering filing Chapter 13 bankruptcy to save your home, it is important that you find out whether you have forced-placed insurance. Your bankruptcy attorney may ask you whether your homeowner’s insurance payments are usually included in your mortgage payments (in other words, whether your insurance [...]

If you are considering getting a clean slate and filing for Chapter 7 bankruptcy or Chapter 13 bankruptcy in North Carolina, you have probably heard that bankruptcy will “ruin your credit for 10 years.” Fortunately, this is not true – as long as you are taking the necessary steps to care for your credit post-bankruptcy. [...]

The short answer to the question is yes.  When a homeowner is facing foreclosure they should immediately look at their options in filing bankruptcy.  Whether you are looking into options for keeping the house or surrendering it, bankruptcy could very well be the best option for you.  The hardest decision for most people comes down [...]

The Rule 2004 Examination is adapted from the civil “discovery” process in a case.  It allows debtors, bankruptcy Trustees and any other party in interest in a bankruptcy case to examine “any entity” (meaning whatever part of the bankruptcy and its dealings that they choose) as long as the examination relates to, according to Rule [...]

Rental properties can be a great source of income until a renter moves without notice or fails to pay or that rental income starts to be used for your personal household expenses.  As situations arise, many people are finding it necessary to file bankruptcy and surrender the extra properties and the mortgages that come along [...]

In this age of information it can be tough to discern which tasks we are capable of handling ourselves and which tasks we should leave to the professionals.  As bankruptcy lawyers we have clients who contact us on a regular basis and ask if they should hire a credit repair company to rebuild their credit. [...]

What’s the purpose of the Means Test? The basic purpose of the Means Test is to determine whether a Debtor is eligible to file Chapter 7 bankruptcy.  Along with other supporting requirements, the Means Test plays a major role in Chapter 7 bankruptcy.  The Means Test also tells us whether a Debtor would need to [...]