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Rufus Reynolds’ approach to wage earner bankruptcy[i] had an enduring impact. He was appointed bankruptcy referee[ii] in the Middle District of North Carolina (MDNC) in 1946. He served until 1986 but was recalled to preside over the PTL case until…

While Chapter 7 bankruptcy can relieve the co-signer of their legal obligation to repay the debt, the primary borrower remains responsible. In some cases, the loan agreement has a clause that puts the loan in default upon the co-signer’s bankruptcy….

Two different kinds of things were decided in the recent Supreme Court decision in Harrington v. Purdue Pharma L.P.: the specific thing and the general thing. The specific thing was that it is no longer permitted – even in very limited…

How does a Fourth Circuit Court of Appeals ruling on tenancy by the entirety impact the Eastern District NC Bankruptcy Court? High School civics class was long ago, so let’s review how court decisions work their way up the appellate…

The United States Supreme Court recently heard oral arguments about the Purdue Pharma bankruptcy case. That, in itself, is not terribly unusual. Since bankruptcy is Federal Law, the US Supreme Court is the natural and appropriate endpoint for all bankruptcy…

If you’re a homeowner facing financial turbulence, you’re not alone. Life can toss us into rough seas, but there’s a possible lifeline – Chapter 13 bankruptcy. What do you do if you need to take action but have zero money…

Filing for bankruptcy can be a relief for those facing financial stress. However, many fear doing so will have negative reputational or professional repercussions. Some worry that an employer or potential employer will discriminate against them if they file. Understanding…

If you’re considering filing for bankruptcy, you may have many questions. You might wonder, how much does it cost to file bankruptcy? Depending on the type of bankruptcy and the attorney you choose to handle your case, various costs are…

Filing for bankruptcy can provide relief for individuals and businesses experiencing overwhelming financial challenges. However, only some types of bankruptcy are available to both, and the confusing naming convention can make it hard to know which ones could apply to…

Since the start of the pandemic, the Department of Education (DoE) has paused student loan payments to give borrowers relief during an unprecedented time. However, after the Supreme Court struck down the Biden Administration’s attempts at large-scale student debt relief…