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Supreme Court Ruling on Affordable Care Act May Decrease Bankruptcy Filings

Supreme Court

The Supreme Court ruled 6-3 that the federal tax credits associated with the Affordable Care Act (ACA), commonly known as Obamacare, putting to rest objections to the healthcare law. If the high court had ruled the other way, tax credits in states without their own ...

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Celebrity Bankruptcy Alert: Top Music Producer Blows $70 Million

Music producer

Two days ago, celebrity bankruptcy news broke that top music producer Scott Storch filed for Chapter 7 protection. Even if you don't know Storch's name, you certainly know the music he produced. He created beats for Beyonce, Jay Z, Dr. Dre and 50 Cent ...

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Joint Bankruptcy With Husband and Wife May Not Be What's Best

Marriage and bankruptcy

For couples going through a tough time financially, bankruptcy can be one way to get you the debt relief you need. But before you jump in and file a joint bankruptcy, you may want to speak to an experienced North Carolina bankruptcy attorney. You should ...

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Taylor Swift Scam Alert: Don't Let Your Summer Fun Fall Prey to Fraud

Taylor Swift concert

Taylor Swift is on her 1989 tour, and that means tweens and teens (and even some unabashed adults) are excited about scoring tickets to her sold-out shows. Swift performed at the PNC Arena for a packed house in June and will be back to the ...

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Announcing the VA Accreditation of Ed Boltz to Assist North Carolina Soldiers and Veterans

Department of Veterans Affairs

The Veterans Administration accredits select attorneys to help veterans pursue their rightful benefits and protections under the law from only the most qualified legal representatives. The Law Offices of John T. Orcutt is pleased to announce that attorney Ed Boltz has been accredited by the ...

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Celebrity Bankruptcy Success Story – Real Housewives Sonja Morgan Emerges from Chapter 11

Get out of debt

Often, celebrity bankruptcy stories are all riches to rags (or a more modest lifestyle). Usually, the stars grow accustomed to a certain lifestyle then when their income drops, they try to keep it up which results in increased debt. Then comes the bankruptcy filing. But for ...

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5 Money Problems Crushing American Consumers – And How Bankruptcy Can Help

Debt

While the economy is recovering, there are still struggles out there. There are pockets of North Carolina where unemployment is still high, and average incomes are lower than more prosperous areas of the state. And even in areas where recovery has made inroads, there are ...

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Could Your Bankruptcy Case Be Dismissed? Yes and Here's Why!

Case dismissed

Both Chapter 7 and Chapter 13 can be perfect paths to meaningful debt relief. Chapter 7 allows you to discharge most unsecured debts including medical bills and credit cards. Chapter 13 allows you extra time to catch up on past due secured debt like your ...

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Celebrity Bankruptcy News: 50 Cent Files Boxing Business Chapter 11

Boxing business bankruptcy

Curtis James Jackson III, better known by his stage name 50 Cent, has a boxing promotion firm called SMS Promotions and Jackson just filed business bankruptcy. We'll take a look at what happened, why Fiddy's company is struggling, his plans for the future ...

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Can You Get a Business Loan or Start a Business After Bankruptcy?

Business loan

If you already own a business and need funding or are planning to start a business, you may need a business loan. But if you have previously filed bankruptcy (or are considering one) you may be worried how it will affect your ability to ...

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