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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.…
Read MoreDrowning 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…
Read MoreTax refunds can be a liferaft in a sea of debt. It can help you pay rent, keep the lights on, and get something to eat before the bills catch up with you again. If you’re thinking about filing for Chapter 7 or Chapter 13 bankruptcy in Raleigh, you may be wondering if you can…
Read MoreThe answer is yes, but it’s more complicated than that. While filing for Chapter 13 bankruptcy in Raleigh won’t wipe out your child support obligations, it will help you get caught up with payments. As a result, you can continue taking care of your child while you get back on your feet financially. Child Support…
Read MoreOver 45 million Americans are drowning in student loan debts. When you’re trying to keep the lights on, pay rent, and juggle your other expenses, student loan payments (and their usually high interest rates) can be truly overwhelming. If you’re currently paying off your student loans and planning to file for bankruptcy in Raleigh, you…
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