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When is it too late for a bankruptcy filing to stop a foreclosure in North Carolina?

Published March 17, 2022 by Sasser Law Firm

If a homeowner falls behind on their mortgage payments, they might feel all hope is lost. Fortunately, this is not always the case. In certain situations, homeowners have the option of filing for bankruptcy to stop a foreclosure. However, there...

Important Assets Sometimes Omitted from Bankruptcy Schedules by Debtors

Published February 3, 2022 by Sasser Law Firm
petition for bankruptcy form

Filing a bankruptcy petition creates a bankruptcy estate comprised of most assets a debtor owns at the time of filing. The good news is that there are exemptions available to protect certain assets. Exempting an asset will often result in...

Is Filing for Bankruptcy Common?

Published January 19, 2022 by Sasser Law Firm
man emptying out his pockets to symbolize bankruptcy

Anyone who considers filing for bankruptcy will likely have many questions about the benefits and drawbacks of bankruptcy and whether filing for bankruptcy is the right decision for them. They may also wonder how common bankruptcy is, thinking that filing...

When Can You File a Second (or Third, Fourth, Fifth, etc) Bankruptcy?

Published November 17, 2021 by Sasser Law Firm
bankruptcy law documents

Being in debt can cause significant stress and strain, and the situation can seem inescapable. The legal team at Sasser Law Firm wants you to know that there is a way out, and we could help you find it. If...

Motion to Claim Exempt Property: Why Bother?

Published October 18, 2021 by Sasser Law Firm
Chapter 13 Bankruptcy Document

If a creditor has a judgment against an individual in North Carolina and is seeking to execute the judgment in North Carolina, that creditor will need to serve the judgment debtor with a Notice of Right to Claim Exemptions. Upon...

Business vs Personal Bankruptcy

Published September 17, 2021 by Sasser Law Firm

 At Sasser Law Firm, a lot of our meetings begin with a potential client saying something along the lines of “My business needs to file bankruptcy!” And while that may be true, it’s not necessarily true. In fact, often it’s not your business...

Random Audits

Published September 14, 2021 by Sasser Law Firm
couple looking over bankruptcy documents

It is not likely but always possible that your personal bankruptcy case will undergo an audit directed by the United States Bankruptcy Administrator which monitors and investigates bankruptcy cases to ensure compliance with applicable laws and procedures. If the Bankruptcy Administrator finds evidence of fraud,...

What Should You Not Do Before Filing Bankruptcy?

Published August 9, 2021 by Sasser Law Firm

Filing for bankruptcy is a complicated process, and there are things that can go wrong. This means thinking about what not to do before filing for bankruptcy, as well as what to do once you’ve filed. The North Carolina bankruptcy...

Crises Are Not Limited to Global Pandemics

Published November 2, 2020 by Sasser Law Firm
need help words in hands

Crises are not limited to a global pandemic. People experience various levels of crisis all the time, but sometimes those crises hit close to home and become too much to handle alone. If you have a medical emergency you would...

Stop Living Paycheck to Paycheck with These Tips from a Bankruptcy Lawyer in NC

Published January 31, 2020 by Sasser Law Firm
Organizing finances by the computer

Do you often feel trapped by the paycheck-to-paycheck cycle? Do you find yourself continuously counting down the days until your next direct deposit hits your bank account? You’re not alone. Living paycheck to paycheck is a reality for many Americans....

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