General
Past Due Utility Bills and Bankruptcy
If you’re facing financial difficulties, you may also be behind on your utility bills. You’re likely wondering what happens to your unpaid utility bills and if your services will get shut off if you file for bankruptcy. The bankruptcy attorneys...
When is it too late for a bankruptcy filing to stop a foreclosure in North Carolina?
If a homeowner falls behind on their mortgage payments, they might feel all hope is lost. Fortunately, this is not always the case. In certain situations, homeowners have the option of filing for bankruptcy to stop a foreclosure. However, there...
Important Assets Sometimes Omitted from Bankruptcy Schedules by Debtors
Filing a bankruptcy petition creates a bankruptcy estate comprised of most assets a debtor owns at the time of filing. The good news is that there are exemptions available to protect certain assets. Exempting an asset will often result in...
Is Filing for Bankruptcy Common?
Anyone who considers filing for bankruptcy will likely have many questions about the benefits and drawbacks of bankruptcy and whether filing for bankruptcy is the right decision for them. They may also wonder how common bankruptcy is, thinking that filing...
When Can You File a Second (or Third, Fourth, Fifth, etc) Bankruptcy?
Being in debt can cause significant stress and strain, and the situation can seem inescapable. The legal team at Sasser Law Firm wants you to know that there is a way out, and we could help you find it. If...
Motion to Claim Exempt Property: Why Bother?
If a creditor has a judgment against an individual in North Carolina and is seeking to execute the judgment in North Carolina, that creditor will need to serve the judgment debtor with a Notice of Right to Claim Exemptions. Upon...
Business vs Personal Bankruptcy
At Sasser Law Firm, a lot of our meetings begin with a potential client saying something along the lines of “My business needs to file bankruptcy!” And while that may be true, it’s not necessarily true. In fact, often it’s not your business...
Random Audits
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,...
What Should You Not Do Before Filing Bankruptcy?
Filing for bankruptcy is a complicated process, and there are things that can go wrong. This means thinking about what not to do before filing for bankruptcy, as well as what to do once you’ve filed. The North Carolina bankruptcy...
Crises Are Not Limited to Global Pandemics
Crises are not limited to a global pandemic. People experience various levels of crisis all the time, but sometimes those crises hit close to home and become too much to handle alone. If you have a medical emergency you would...