Bankruptcy allows businesses and individuals to wipe out their debt and start with a clean financial slate. However, they work very differently. Here are the differences between personal and corporate bankruptcies. Personal chapters 13 and 7 Chapter 7 allows...
Month: November 2022
How does financial insecurity impact divorce?
Many people correlate finances and assets to the rate of arguments that may occur during a divorce. However, it might not be the assets themselves that lead to these troubles. It might have more to do with the feelings of financial insecurity that surround the assets....
Should married people file bankruptcy jointly?
Married people in North Carolina can file for bankruptcy jointly or individually. If you are considering bankruptcy, it is a good idea to evaluate which option is best for you. There are several factors to consider. Whose name are your property and debts in? If you...