Chapter 13

Are you wondering about getting a car back after repossession? Often, a car repossession is just the tip of the financial iceberg. If you are behind on your car payments, you may also struggle with other unmanageable debts. A bankruptcy...

Declaring bankruptcy is a big decision — but it may be the right one. Once you move past the painful initial stage of admitting your debt is unmanageable, you can start thinking about the future. However, you may have questions...

Bankruptcy is often seen as the worst possible outcome when facing financial difficulties. However, filing for bankruptcy can be a strategic move that helps you bring order to your financial position. When filing for bankruptcy, one of the first decisions...

If you face serious financial difficulties, you might consider filing for bankruptcy to get a fresh start. There are several steps in the bankruptcy process. One of the most crucial is the 341 meeting of creditors, required by section 341...

If you cannot make your mortgage payments, the lender will eventually begin foreclosure proceedings on your home to collect the mortgage debt. This can lead to the sale and loss of your home if you don’t act in a timely...

If you took a loan to buy a vehicle and cannot make your monthly payments, your vehicle could be repossessed by the lender. A common time frame to be concerned about repossession would be 45-75 days delinquency. There are several...

Consumer Debt vs. Non-Consumer Debt The major difference between consumer debt and non-consumer debt is what the money was used for. Whether your debt is considered consumer or non-consumer can affect your bankruptcy proceedings. Everyone’s situation is different, but an...

Exempt Property in a North Carolina Bankruptcy Some people avoid filing bankruptcy because they believe they’ll have to give up all their assets. However, an individual debtor is allowed to exempt certain property from the bankruptcy. For more information on...

Bankruptcy is a legal process that helps people find relief when they fall behind on payments and become overwhelmed by debt. The decision to file for bankruptcy can be difficult to make, but bankruptcy can be the best way to...

Bankruptcy is a legal process that allows people in difficult financial situations to take control of their debt and start fresh. Chapter 13 bankruptcy is one of the most common types of bankruptcy for individuals and married couples in the...