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Category: Bankruptcy Basics

Bankruptcy Basics

Will bankruptcy help with private student loans?

If you are struggling with private student loan debt, you are not alone. Many people in North Carolina took out private loans to pay for school and now feel stuck. The payments are high. The interest keeps growing. And you may be wondering if bankruptcy can give you any relief. This article explains how bankruptcy … Read more

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Bankruptcy Basics

Can I File Bankruptcy If I Have A Trust Fund?

Having a trust — whether you created one or are a beneficiary of someone else’s — does not automatically prevent you from filing bankruptcy. But trusts are treated differently in bankruptcy depending on their type, your role in the trust, and the specific language of the trust document. How a trust is handled can significantly … Read more

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