Credit
5 Tips for Improving Your Credit Score
When the Sasser Law Firm works with individuals and businesses who seek bankruptcy protection, the goal is for the client to emerge from bankruptcy in stronger financial health. In addition to discharging some debt, you need to reestablish your ability...
Bank Card Delinquencies Near a Twenty Year Low
The American Bankers Association has reported that credit card delinquencies have fallen to 2.44 percent, well below the fifteen year average of 3.82 percent. This is good news for two reasons. First, it means that the economy is improving. After...
Incurring Debt While in Chapter 13
In the Eastern District of North Carolina, chapter 13 debtors are required to obtain court approval prior to incurring debt or making a purchase in excess of $7,500.00. Conventional mortgage loans are rarely obtainable by chapter 13 debtors. Credit cards...
Target Security Breach
On December 19, 2013, Target announced that thieves had gained unauthorized access to Target payment card data. 40 million guests who had shopped and made credit or debit card purchases in US Stores between November 27th and December 15, 2013 may...
Leaving Debts Off of a Bankruptcy Filing
We are commonly asked whether debts may be excluded from a bankruptcy filing. Below are several common examples: 1. A secured debt where the debtor wants to keep the collateral 2. A credit card that the debtor needs for: a. emergencies b. travel...
Listing Collection Agencies on Your Bankruptcy Schedules
Debtors are required by the bankruptcy court to list all creditors and debts owed on their schedules upon filing their bankruptcy petition. This can often seem overwhelming and confusion to our clients, especially when a delinquent account listed on their...