Blog
Health Savings Account Ruling
Health Savings Accounts (HSA) were signed into law in December 2003 and became effective January 1, 2004. A HSA is a private, tax-deferred savings account that allows individuals to pay for both current and future medical expenses with tax-free money….
Meet Our Staff: Front Desk Edition!
If you call Sasser Law Firm, it is most likely that our Receptionist and Office Manager, Hannah Noel, will answer the phone. After spending time traveling abroad, Hannah, a Raleigh local, joined Sasser Law Firm in February of 2011 and quickly…
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…
Who Will Learn About My Bankruptcy?
With so much personal information readily available online, many prospective bankruptcy clients are concerned about friends, family members, co-workers and employers learning of their bankruptcy filing. Privacy is important and many are concerned what others will think or how their…
NFL Players Going Bankrupt
Whether it is the result of bad investments, poor financial counsel, divorce and support payments, or excessive spending, many top NFL players have filed for bankruptcy protection. According to Sports Illustrated, 78 percent of NFL players file for bankruptcy or…
Expert Global Solutions Penalized $3.2 Million for Illegal Debt Collection Tactics
Expert Global Solutions and its subsidiaries, the world’s largest debt collection agency comprised of over 32,000 employees, have agreed to pay a $3.2 million civil penalty for badgering consumers and violating the Fair Debt Collection Practices Act. According to the…
August 2013 National and Local Bankruptcy Filing Statistics
August 2013 bankruptcy filings totaled 88,902 in the United States. According to the American Bankruptcy Institute, this is a 15% decrease from the 104,471 bankruptcy filings in August 2012. In comparison to last month, August 2013 filings were up 1%…
Congratulations Sara Beth!
The Sasser Law Firm would like to extend “Congratulations” to former staff paralegal, Sara Beth Withers, on passing the North Carolina State Bar exam! After leaving the Sasser Law Firm to pursue her law degree, Sarah Beth attended Florida Coastal…
Local Night Club The Longbranch Files Chapter 11 Bankruptcy
Raleigh night spot The Longbranch filed for Chapter 11 bankruptcy protection on July 29, 2013 listing $126,200.00 in assets and $345,834.88 in liabilities. This is the second bankruptcy filing for the nightclub, which also filed Chapter 11 on February 15,…
July 2013 Bankruptcy Statistics
According to the American Bankruptcy Institute, July 2013 bankruptcy filings in the United States totaled 87,684, down ten percent from the 97,287 bankruptcy filings in July 2012. While the total filings for the month of July 2013 were down compared…
