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What is a Cancellation of Debt?
Debt can be a heavy burden, particularly during financial uncertainty. North Carolinians must comprehend the cancellation of debt as it pertains to tax implications. Is debt cancellation taxable, and how exactly does it affect taxes overall? Discover what debt cancellation...
Can You File Bankruptcy on Child Support?
Sometimes, your bills and debts pile up, and there’s no way for you to get out from underneath them. Bankruptcy offers you a second chance by eliminating some of your debt and giving you a fresh start. One debt you...
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...
Raising of Debt Limit Allows More Family Farmers to Qualify for Bankruptcy Relief
Operating a family farm in North Carolina is a challenging way to make a living, with fluctuating commodity prices, disruptions in export markets, higher land prices and unpredictable weather emergencies. When times get tough, the amount of debt that family...
