Blog
A Bankruptcy Connection to The Village (Formerly Called Cameron Village)
A west Raleigh shopping center recently changed its name from Cameron Village to The Village. Prior to the construction of the shopping center, an incident occurred that involved a father-son who both served as bankruptcy referees in Raleigh. Joseph Cheshire…
North Carolina Eastern District Bankruptcy Judicial Vacancy
The Fourth Circuit Court of Appeals recently announced it will be filing a bankruptcy judge vacancy in Raleigh. For more information about the vacancy, click here. The process for appointing bankruptcy judges in the Fourth Circuit is that a seven-member Merit…
Can Bankruptcy Help You Retrieve Your Car After It Has Been Repossessed in North Carolina?
It is not uncommon for Sasser Law Firm to receive a phone call and the first words after “Hello,” are, “My car was just repossessed. Can I get it back if I file bankruptcy?” Of course, each situation can be…
What to Do When Your Mortgage Forbearance Ends
As COVID-19 mortgage payment forbearances come to an end in the coming months, chapter 13 bankruptcy is one of the options homeowners may wish to consider. A chapter 13 bankruptcy allows a homeowner up to five years to bring current…
How Often Can You File for Chapter 11 Bankruptcy?
If you’re a struggling business owner, filing for Chapter 11 bankruptcy can give you a chance to restructure your debts and find a way back to solvency. Hopefully your first bankruptcy filing will address your business’ financial issues. If not,…
Bankruptcy Can Help You Stop an Eviction or Help You Transition to a New Residence
Written By: Cort Walker The coronavirus pandemic and its impact on the local (Raleigh, NC) and national economy has financially devastated many individuals and families. Evictions and, as a result, homeless families are a very real threat for 2021. Many…
Bankruptcy and the "Consolidated Appropriations Act"
Written by: Philip Sasser When the first stimulus package (aka The CARES Act) was passed in March 2020, the part most people focused on was how much money they were going to get – responses generally falling into the categories…
Chapter 13 Bankruptcy and Building Credit
When you’re in Chapter 13 bankruptcy, it may feel like a purgatory that limits your financial options. You can, however, use this time and this tool to strategically improve your credit-worthiness. How Chapter 13 Bankruptcy Affects Your Credit Report The…
Signs You May Want to Consider Filing Bankruptcy
Life can be unpredictable. Unfortunate circumstances can leave people worrying every day if they will ever be able to pay off their debts. Many people struggling to make ends meet likely exhausted their savings and fear losing their homes. Others…
NC Bankruptcy Means Test (Median Income) Increase as of Nov 1, 2020
As of November 1, 2020, the North Carolina median income, for means test calculation purposes, increased. This means that the six-month look back on your income allows for a slightly higher income threshold for your household size than it did…
