Posts by Steve Sampson
What Assets Can I Keep if I File for Chapter 7 Bankruptcy in Raleigh, NC?
As a bankruptcy attorney in Raleigh, NC who’s handled 15,000+ cases, I know how stressfuldebt can be. If you’re like many people you’re probably worried that filing for Chapter 7bankruptcy means losing everything. But the truth is, bankruptcy doesn’t mean you’ll be left with nothing. In fact, North Carolina law allows you to protect essential…
Read MoreAre You Eligible for Chapter 13 Bankruptcy in Raleigh,NC?
If you’re considering Chapter 13 bankruptcy in Raleigh to get a handle on your debt but aren’t sure if you qualify, I’m here to help you figure it out. I invite you to call Weik Law Office for a free consultation, but in the meantime, here are a few questions I’d like you to consider…
Read MoreWhat is Chapter 13 Bankruptcy Plan Confirmation in Raleigh, NC?
if you’re considering filing for Chapter 13 bankruptcy in Raleigh, one of the most important steps is getting your repayment plan approved by the court. This process, known as plan confirmation, can seem intimidating, but understanding what to expect can help you navigate it more easily. As a bankruptcy attorney serving the Raleigh area, I…
Read MoreHow to Handle Vehicle Loans in Chapter 7 Bankruptcy in Raleigh, NC
Figuring out what to do with your car loan is one of the big decisions you’ll face when filing for Chapter 7 bankruptcy in Raleigh, NC. As your bankruptcy attorney, I’m here to walk you through the process and help determine the best path forward, given your unique financial situation. Under Chapter 7 bankruptcy, you…
Read MoreNavigating Bankruptcy With Your Spouse (Or Without Them) in Raleigh NC
Marriage often means shared finances – and shared debt. So what happens when one spouse files for bankruptcy but the other doesn’t? This situation brings up many questions around how bankruptcy works for married couples in Raleigh, NC. The first key fact to know is that bankruptcy laws don’t require married couples to file together.…
Read MoreCan I Keep Saving for Retirement If I File for Bankruptcy in Raleigh NC?
Filing bankruptcy can provide meaningful financial relief when you’re facing burdensome, unpayable debt. But it also requires disclosing your assets to the courts – which makes some filers worry about legal impacts if they continue saving for retirement. The good news is that under most circumstances, you can and should continue contributing towards retirement during…
Read MoreDivorce and Filing for Chapter 13 or 7 Bankruptcy in Raleigh
Divorce is emotionally draining and financially taxing, especially when you’re dealing with crushing debt at the same time. If this applies to you, you might be wondering if filing for either Chapter 7 or Chapter 13 bankruptcy in Raleigh can help. The answer is yes, but it’s important to understand how the two processes can…
Read MoreYour Retirement Funds in Chapter 13 Bankruptcy
If you’re considering filing for Chapter 13 bankruptcy in Raleigh, one of your main concerns may be protecting your retirement funds. After all, it’s likely the largest asset you have and in some cases, the sole source of income in your senior years. The good news is that your retirement plan is generally safe from…
Read MoreHow Cramdowns Work for Chapter 13 Bankruptcy in Raleigh
If you’re struggling with debt and considering filing for Chapter 13 bankruptcy in Raleigh, NC, you may feel overwhelmed and uncertain about your options. It’s natural to worry that your debt is too big to handle, especially if you’re unfamiliar with the bankruptcy process. As your bankruptcy lawyer in Raleigh, Attorney Weik can help you…
Read MorePotential to Keep Property by Reaffirming Debt | Chapter 7 Bankruptcy in Raleigh
The thought of losing your property after filing for bankruptcy can be heartbreaking. Fortunately, Chapter 7 bankruptcy in Raleigh, NC has several tools that can help you keep some of your most important assets. One of these is reaffirming debt. Reaffirming Debt in Chapter 7 Essentially, Chapter 7 bankruptcy gets rid of debt by discharging…
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