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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…
How Do Chapter 7 and 13 Bankruptcy Affect My Credit?
It’s a question we hear often: How long does a Chapter 7 bankruptcy stay on a credit report? A Chapter 7 bankruptcy will remain on your credit report for 10 years, but the real impact of a bankruptcy on your credit…
Benefit of Car Liens When Filing Bankruptcy
Filing Bankruptcy with a Car Lien In some situations, an outstanding car loan – and, therefore, a lien on your car – can be helpful if you are filing for bankruptcy. Having an obligation to make car payments may allow…
North Carolina Chapter 13 Bankruptcy Plan Payments & COVID-19
In addition to the tremendous effect that COVID-19 had on the healthcare industry, it also affected the American economy. These effects will likely be felt for many years to come, so it is important that debtors understand protections that can…
What Should I Do About Creditors Calling After Bankruptcy?
One of the many benefits of filing for bankruptcy is that it can provide relief from the stress of debt. The pressure of worrying about losing your home, your car, and other property that means so much to you can…
Medical Debt Piling Up? Bankruptcy Might Help
The COVID-19 crisis is subsiding here in the United States. Thankfully, daily death tolls are decreasing, and many Americans are fully vaccinated. One of many lingering problems from the pandemic for some individuals will be medical bills relating to…
When Can I Get a Mortgage After Bankruptcy in North Carolina?
One of the questions many people have is “Can I buy a house after bankruptcy?” They might be worried about being able to obtain financing and how bankruptcy might affect their credit. The experienced bankruptcy lawyers at Sasser Law Group…
How Bankruptcy Can Clear Credit Card Debt
The average family has $6.300 of credit card debt, according to the most recent Survey of Consumer Finances by the Federal Reserve. For some households, the amount of credit card debt is crushing. This leads many people to wonder, “Can…
Chapter 11 Proof of Claim
A chapter 11 bankruptcy proof of claim can make the difference of whether you get paid at all for the full or partial amount the debtor owes you. Properly preparing this proof of claim and filing it within the appropriate…
6 Things That Happen After Filing Chapter 7 Bankruptcy
When considering your debt relief options, you may wonder what happens after you file bankruptcy. Bankruptcy is a legal process that sets off a chain reaction of events. Some of these events are to protect you while others are to…
