Chapter 13

Consumer Debt vs. Non-Consumer Debt The major difference between consumer debt and non-consumer debt is what the money was used for. Whether your debt is considered consumer or non-consumer can affect your bankruptcy proceedings. Everyone’s situation is different, but an...

Exempt Property in a North Carolina Bankruptcy Some people avoid filing bankruptcy because they believe they’ll have to give up all their assets. However, an individual debtor is allowed to exempt certain property from the bankruptcy. For more information on...

Bankruptcy is a legal process that helps people find relief when they fall behind on payments and become overwhelmed by debt. The decision to file for bankruptcy can be difficult to make, but bankruptcy can be the best way to...

Bankruptcy is a legal process that allows people in difficult financial situations to take control of their debt and start fresh. Chapter 13 bankruptcy is one of the most common types of bankruptcy for individuals and married couples in the...

 Have you wondered why you might consider filing a Chapter 13 Bankruptcy in comparison to entering into a debt settlement program? Here are a few factors to consider: Chapter 13 often offers a superior discount than you would receive...

Filing bankruptcy could give you a financial fresh start if you can’t repay your debts. However, it’s not a magic bullet, and some consequences remain. The type of bankruptcy you file, along with your asset and debt makeup, will determine...

A lot of times when a small business owner is considering shuttering their company so they can find work someplace else one of their main concerns is how to handle personal guarantees on business obligations? The most obvious way for...

Bankruptcy can be a practical solution for people with problematic debt. It can also help them hold onto important assets, rebuild their credit, and find a stable financial path forward. However, bankruptcy has limitations that you need to understand if...

The COVID-19 pandemic has left many people asking how to stop foreclosure proceedings and if filing for bankruptcy can help. In many cases, bankruptcy can help you avoid foreclosure, but it’s important to be aware of the issues involved. Keep...

It is not likely but always possible that your personal bankruptcy case will undergo an audit directed by the United States Bankruptcy Administrator which monitors and investigates bankruptcy cases to ensure compliance with applicable laws and procedures. If the Bankruptcy Administrator finds evidence of fraud,...