What Is An Upset Bid Period?

An upset bid period is a time period that exists after a foreclosure sale. In North Carolina, after the sale of a property in a foreclosure there are ten (10) days for another party to offer a higher bid on the property or for the owner of the property to file a bankruptcy to stop the foreclosure.

What is a Reverse Mortgage?

A reverse mortgage is a loan borrowed against the equity in your home. You must be at least 62 years old to qualify for a reverse mortgage, so it is often used by people of retirement age to supplement Social Security or other retirement income.

What is a Form 25T in North Carolina Workers’ Compensation?

[av_textblock size=” font_color=” color=”] When you are involved in an accident that occurs on the job, there are a number of necessary workers’ compensation forms that need to be completed and then submitted to the appropriate office. One of these forms is called a Form 25T. This form is needed to obtain reimbursement for mileage … Read more

What Is A Form 42 in Workers’ Compensation?

A Form 42 is an application for Appointment of Guardian Ad Litem, a person the court appoints to represent the best interests of a child or someone who is incompetent in a case. This form is used when a plaintiff in a case is an infant or an incompetent person that has no general or testamentary guardian (A person named in a will to serve as a guardian).