After you file for either Chapter 7 or Chapter 13 bankruptcy in North Carolina, you’ll have to attend a 341 meeting, also known as a meeting of the creditors. Is in named "341" because of the federal law that requires it, and the 341 meeting...
Many people are confused by the form that is served by the sheriff after a judgment is entered against them in North Carolina. The form has two parts: (1) the first part is titled “Notice of Right to Have Exemptions Designated,” often called a Notice...
Stopping a foreclosure – even after the sale date. Paying past due mortgage or car loan payments over time even when the lender will not work with you. Keeping assets you would give up in a Chapter 7 bankruptcy. These are all reasons why a consumer would consider...
Our firm views litigation as a tool to help our clients navigate financial crisis through the smart use of litigation. Our philosophy is simple: Offer you sophisticated legal work that will have a substantial impact on your life while always keeping an eye on the...
Once you get behind on your home mortgage, one of the first fears that you may have is losing your home through foreclosure. It is important to understand how the foreclosure process works, what to expect if you get a Notice of Foreclosure, and why...
I was talking with a management consultant who has worked for years with small- and mid-sized businesses who were facing financial hardship. He has helped many turn around, and seen others fail. Although he had a sense of what Chapter 11 bankruptcy was, he did...
When people come to us because they’re considering filing for bankruptcy, they usually have a lot of questions. This is entirely natural. Bankruptcy is not something a lot of people have direct experience with, and the decision to file can be very stressful. One of the...
The clients who first walk into our offices to talk about bankruptcy come from all walks of life. They are young, old, male, female, professionals, parents, married, divorced; you name it. And almost all of them are worried, nervous, scared, or embarrassed when they sit down...
Bankruptcy is one area of the law that’s surrounded by a host of misinformation, myths, and outright lies. Because there are so many of these myths, some people can have an understanding of bankruptcy that has almost nothing to do with reality. To give you...
When people call our office, it’s because they need help. They’re afraid of losing their homes to foreclosure, have been harmed and are considering a lawsuit or want to know the answer to any number of legal questions. Calling an attorney can, by itself, be a...