When you file for bankruptcy, you are required under penalty of perjury to disclose all assets, all income, and all financial transactions from the previous years. That includes gambling. Whether you won money at a casino, received poker winnings, or profited from sports betting, those amounts must be reported — no matter how small or … Read more
If the phone keeps ringing and the letters keep coming, you may be thinking about telling your creditors that you plan to file bankruptcy. That is a fair question, and a lot of people in North Carolina wonder the same thing. You want the calls to stop. You want some peace. This post explains when … Read more
Moving while you are in the middle of a bankruptcy case happens more often than you might think. Maybe you found a cheaper place to live. Maybe you got a new job in another city. Maybe your family is growing and you need more room. Whatever the reason, you may be worried that moving will … Read more
Do you remember your wedding day? Think back to your vows you made to one another, especially “through sickness and in health.” When you promise to spend your lives together, you are also promising to provide and support the other person, making sure all their needs are met and expenses paid. These needs are recognized … Read more
A writ of execution will be delivered by the sheriff. Basically, it is a court order from the judge allowing the sheriff to take possession of any assets you may have on hand. Why is this happening to you? A writ of execution is filed after a judgment has been issued against you in favor … Read more
If you have a credit card or a loan with a zero balance, it is a personal decision whether you include them on your bankruptcy. If there no balance, it may not be necessary to include them on your bankruptcy filing; however, it may be in your best interest to include them should there be … Read more
Filing bankruptcy is not as simple as it once was. You have to meet certain qualifications to determine which bankruptcy you may file. This is normally done by what is referred to as the Means Test. The Means Test will determine how your household income compares to the State median income and whether or not … Read more
You will still be responsible for the loan or debt on your vehicle even if you voluntarily turn it in. If you have a vehicle that you cannot make payments on, you have the choice of voluntarily surrendering the car or you can let the creditor repossess it. What many people do not know is voluntarily surrendering the vehicle is still considered a reposession on your credit report, a voluntary reposession.
It all depends. If you are filing a bankruptcy in which you wish to keep the home, you are required to continue to pay your homeowner’s association (HOA) dues. If you are surrendering or giving up the home in the bankruptcy, you are responsible for the HOA dues as long as the home is still … Read more
The Fair Debt Collection Practices Act is an act that was passed to keep consumers from being abused by creditors. Already feeling abused and harassed by the constant calls or the condescending tones or the threatening letters? There is something you may be able to do about it. Whenever my mother was frustrated by someone … Read more
We answer calls 24 hours a day. A free phone consultation takes 20–30 minutes and leaves you with a clear picture of your options — no obligation whatsoever.
