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7 Most Common Bankruptcy Questions Answered

Questions

Many people don't really understand what bankruptcy means and shy away from it because of negative preconceptions even when it may be the best option for them. Today we'll answer basic questions that we are often asked when people call into our offices prior to ...

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What Happens If Your Bank Account Is Frozen and How Bankruptcy Can Help

Frozen account

In North Carolina, most creditors are blocked from being able to garnish your wages, but this doesn't mean they can't get to your money using other means. If a creditor has sued you over an unpaid debt and obtained a judgment in court, they ...

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How to Protect Your Tax Refund if You're Considering Bankruptcy

Tax refund

Roughly 80% of Americans get a tax refund. If you're one of these people that usually gets money back from the government for overpayment of taxes, are deep in debt and considering bankruptcy, you may not want to hand this money over if you ...

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Supreme Court May End Lien Stripping. How Filing Bankruptcy Now Can Help

Supreme Court

We've written here before about lien stripping, but here's a quick rundown on what it is and how it helps consumers. Lien stripping is usually only possible in Chapter 13 and only for second mortgages, not first mortgages. Currently, in most court jurisdictions, it's acceptable ...

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