Bankruptcy

Once you start falling into debt in North Carolina, you may find it increasingly difficult to fig yourself out. When you are already struggling to stay current on your bills, something as small as a late fee may mean the difference between keeping the lights on or...

When debts become overwhelming, bankruptcy can be an effective solution for getting the situation under control in the short term. However, it is important to be aware of the long-term implications of filing for bankruptcy. Chapter 7 and Chapter 13 bankruptcy are the...

Dealing with debt collectors is not anyone's idea of a good time. Unfortunately, they can doggedly pursue people through a variety of situations, and may try numerous tactics to get a person's money to boot. How can you tell whether or not a debt collector is using...

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...

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...

If you become overwhelmed with debt, you may want to consider filing bankruptcy. If you owe back taxes, you may wonder what will happen to these liabilities in bankruptcy. Taxing authorities are aggressive debt collectors. A bankruptcy will temporarily stop collection...

Largely due to record-high inflation, Americans are more in debt now than they ever have been. Indeed, according to LendingTree, U.S. consumers have racked up nearly $900 billion in credit card debt. This figure does not include the billions of dollars Americans have...

You may have a negative view of bankruptcy and are wondering how you could find yourself in that situation. It is essential to understand that many circumstances could lead to you filing for bankruptcy. Here are four typical reasons you might need to file for...

If you are struggling to pay your credit card bills, you may have noticed a decline in your mental health. After all, having too much revolving debt can lead to anxiety, depression and even loneliness. According to the American Heart Association, though, owning a dog...

The stress of financial problems can put a strain on you both physically and emotionally. The longer you are under high levels of stress, the more pronounced the problems can be. Many people wrongly perceive filing for bankruptcy as an irredeemable failure. However,...