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At the most basic level, Chapter 13 bankruptcy in Raleigh involves a payment plan that you will undertake for three to five years, depending on your situation. Some people get discouraged due to the length of the plan, and this can make Chapter 7 a more appealing alternative. However, many unique advantages to filing for…
Read MoreMany young professionals are faced with outstanding debt from student loans; getting the help of a bankruptcy lawyer in Raleigh is a viable option to address this situation. An average college graduate has more than $37,000 student debt. With inflation and other bills to pay, your student loan can add up to your other obligations…
Read MoreIf you can’t afford to pay off your credit card debt anymore, filing for bankruptcy in Raleigh can be a viable option. Depending on what type of bankruptcy the court grants you, it can allow you to stop making payments altogether and receive a fresh start. However, you should not take this decision lightly. Several…
Read MoreEven today, many people are discouraged from taking advantage of the best debt relief option available to them due to misconceptions about bankruptcy. People put a lot of stock in their creditworthiness for many financial matters, which is why it’s understandable that they are not willing to risk damaging their credit score. In some cases…
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