Dealing with overwhelming debt can weigh heavily on your shoulders. It can cause sleepless nights, stress and a sense of hopelessness. However, there is a light at the end of the tunnel for many in this situation: filing for bankruptcy. While you should never take the...
When facing financial difficulties, many people in North Carolina think about filing for Chapter 7 bankruptcy as a way to obtain relief from overwhelming debt. However, before proceeding with a Chapter 7 bankruptcy case, you must determine whether you meet certain...
The Institute for Family Studies reported in 2018, there were 2.6 million custodial fathers and 10.3 custodial mothers. These figures represent parents who likely have some type of custody arrangement. One area of child custody that every parent should understand is...
The National Center for Education Statistics found that 38% of incoming undergraduate students took out federal student loans in 2020. Many who complete some college find that their loan debt is an overwhelming financial burden. Some may even consider bankruptcy to...
When it comes to family law matters, the legal process can feel overwhelming and very emotional at times. Knowing what steps to take can help you move through your legal case with fewer complications. 1. Do your research Learn the specific laws that apply to your...
Divorce is often challenging, and its impact on your finances can be profound. Many people anticipate financial hardship following a split, but the truth is not always so grim. Depending on the circumstances, you may find that your financial situation actually...
For many people considering bankruptcy, one of the biggest fears about the process is that you will have to give up your assets and possessions in order to complete the process. However, with Chapter 7 Bankruptcy, you may not have to give up any of your property,...
Bankruptcy is a significant financial event that can dramatically affect your credit. However, it does not mean an end to your financial life. Filing for bankruptcy is a step toward resolving overwhelming debt, and while it may lower your credit score initially, you...
If your child's other parent does not pay child support in accordance with the court order, or if you have fallen behind on your child support obligations, it is important to take a close look at your options and understand how this could affect you. The state uses a...
According to the 2021 Finmaster report, 6577 people filed for bankruptcy in North Carolina. If you find yourself sinking deeper into debt and are unable to keep up with payments, you might be considering bankruptcy as a way to manage your financial situation. Filing...
