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One of the most painful parts of being in debt is the fear of losing your home, whether you’re renting or paying a mortgage. While filing for bankruptcy in Raleigh can help, there are certain things you need to know about how an eviction works in this situation. Eviction and Bankruptcy: You Need to Act…
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Losing your job is one of the most stressful things that can happen to anyone. Suddenly, you don’t have a regular paycheck anymore. No way to pay the rent and utilities, put food on the table, pay off your mortgage or vehicle, and deal with countless other expenses. Before you know it, you’re buried in…
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Chapter 13 Bankruptcy in Raleigh will repay you to make monthly payments to the bankruptcy trustee. In turn, the bankruptcy trustee will pay your creditors on your behalf. In order to complete your plan, you need to make all of your payments. You get all remaining debts discharged once your Chapter 13 bankruptcy repayment plan…
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The bankruptcy means test is the starting point of filing for Chapter 7 bankruptcy in Raleigh. It determines whether you’re eligible for this type of debt relief. For instance, the first step will require you to submit several months’ worth of income statements, which will then be compared with the median income in North Carolina.…
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Drowning in credit card debt? You’re not alone. In fact, it’s one of the most common reasons why people finally decide to file for bankruptcy in Raleigh. The massive interests alone can keep you in a vicious cycle of minimum payments and ever-growing debt. A question we get asked a lot here at Weik Law…
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