Bankruptcy FAQs

How Do I Pay My Attorney Fee?

When it comes right down to it, the primary role of a bankruptcy attorney is to create a strategic plan that ensures a brighter financial position for you at the end of the process than the one you were experiencing at the beginning. We will be clear and ensure you...

What Exemptions Are Available in NC?

North Carolina recently expanded its statutory consumer bankruptcy exemptions to include $35,000 of homestead equity, $3,500 exemption toward the value of a motor vehicle, $5,000 exemption toward the value of personal household items and a $5,000 exemption towards other property commonly considered a “wildcard”. Typically, filing bankruptcy jointly for families...

What Type of Bankruptcy Should I File?

The type of bankruptcy filing that is correct for you is not a decision to be taken lightly. Many elements of the bankruptcy process are unchangeable once decided. Qualified legal advice following a thorough financial assessment is decidedly the best path to follow. With that said, the three main types...

How Does Bankruptcy Effect My Credit Score?

A negative effect on your credit score should not be the sole factor in a decision to file bankruptcy. Many times, people wait too long to declare bankruptcy in fear of damaging their credit report. You might be surprised to know that declaring bankruptcy can be a very positive start...