Chapter 11 bankruptcy may provide companies in North Carolina and throughout the country with an opportunity to eliminate or restructure debts. It may also provide a framework for dealing with lawsuits or for an organization to secure financing to execute its...

On average, households in North Carolina and throughout America have $15,000 in credit card debt. If you are trying to reduce or eliminate your credit card debt, there are many steps that you can take to achieve this goal. Credit counselors and others may be available...

Businesses and individuals in North Carolina may be allowed to file for Chapter 11 reorganization bankruptcy. Individuals may be required to file for Chapter 11 protection if their unsecured debts exceed $419,275 or their secured debts exceed $1,257,850. In such a...