Navigating financial difficulties can be overwhelming, but understanding the distinctions between Chapter 7 and Chapter 13 bankruptcies can empower individuals facing these challenges. These two chapters, under the United States Bankruptcy Code, offer distinct...
Month: November 2023
Do you have to share property you inherited with your ex-spouse?
In North Carolina, the question of whether one must share inherited property with a spouse is a matter of significance. The state's legal framework operates under the principle of equitable distribution, a concept that aims to fairly divide marital assets between...
What is the pre-filing counseling stage in bankruptcy?
Bankruptcy is a legal process that helps individuals and businesses who are drowning in debt to clear their financial burdens and make a new start. However, before you can file for bankruptcy, you must undergo credit counseling. If you do not complete a session of...
