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In general, you don’t have to worry about your savings and checking accounts if you file for Chapter 13 bankruptcy in Raleigh, NC. You can even open new bank accounts as long as the court approves it. You can even have your Chapter 13 payments deducted automatically from your bank account to make the process…
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Nearly 1.5 million Americans file for bankruptcy every year. Even the world’s wealthiest and most powerful are not immune to financial trouble. Walt Disney, Toni Braxton, Mike Tyson, Larry King, money gurus like Dave Ramsey… the list goes on. Still, we understand that the decision to file for bankruptcy is not an easy one. You…
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Many Raleigh residents suffered tremendous loss due to COVID-19. Thousands lost their jobs, businesses closed, and even more faced costly medical bills from the virus. If you’re struggling to pay off hospital debt from COVID-19, you might be wondering if Chapter 7 bankruptcy can help. The answer is yes, filing for Chapter 7 bankruptcy in…
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In a no-asset Chapter 7 bankruptcy case in Raleigh, all of your property is considered exempt. This means that you won’t lose your assets even if creditors file claims against you. North Carolina has its own set of property exemptions, but some common examples are: home equity covering a certain value equity in one motor…
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The short answer is yes, you can move from North Carolina to another state after filing for Raleigh bankruptcy. We get this question a lot here at Weik Law Office. In fact, there are many valid reasons why you may want to move out of Raleigh right after filing for bankruptcy. For example, some people…
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