On behalf of Janvier Law Firm, PLLC | Sep 4, 2020 | Chapter 13 Bankruptcy, Chapter 7 Bankruptcy
If you want to keep your North Carolina home or other property, you may want to consider filing for Chapter 13 bankruptcy. However, if you can’t keep up with the plan payments, you may want to convert a Chapter 13 to a Chapter 7 filing. Do you qualify for...
On behalf of Janvier Law Firm, PLLC | Aug 28, 2020 | Chapter 13 Bankruptcy
For many struggling businesses in North Carolina, filing for bankruptcy might seem like the only option. However, the process can put business assets, like real estate, at risk. An individual will have to make full mortgage payments to his or her lender, and if he or...
On behalf of Janvier Law Firm, PLLC | Jul 15, 2020 | Chapter 13 Bankruptcy, Chapter 7 Bankruptcy
Filing for bankruptcy in North Carolina is a common solution for individuals who cannot pay their debts. But after filing for bankruptcy, many people are left wondering whether they will be able to qualify for a mortgage. There are two main types of bankruptcy that an...
On behalf of Janvier Law Firm, PLLC | Jun 10, 2020 | Chapter 13 Bankruptcy
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...
On behalf of Janvier Law Firm, PLLC | May 27, 2020 | Chapter 13 Bankruptcy
Individuals in North Carolina and throughout the country may be able to file for bankruptcy to reorganize or eliminate their debts. Generally speaking, a person can file for bankruptcy multiple times to get out of a financial crisis. However, those who wish to file...
On behalf of Janvier Law Firm, PLLC | May 12, 2020 | Chapter 11 Bankruptcy, Chapter 13 Bankruptcy
The automatic stay is one of the major protections that bankruptcy law gives to debtors. When it is in effect, creditors are prohibited from taking steps to collect. This keeps things preserved in place and does not let one creditor jump ahead of the other. It also is...
On behalf of Janvier Law Firm, PLLC | Apr 2, 2020 | Chapter 13 Bankruptcy
Medical debt can result in bankruptcy even if you have a job and a robust health insurance policy. A study from Salary Finance found that 28% of people in North Carolina and throughout America owe $10,000 or more in medical bills. Health care costs have gone up since...
On behalf of Janvier Law Firm, PLLC | Jan 25, 2020 | Chapter 13 Bankruptcy
North Carolina residents who are struggling with medical debt are not alone. According to one 2018 study, over 15% of people have at least one medical bill on their credit report that is past due. A 2019 study that appeared in the Journal of General Internal Medicine...
On behalf of Janvier Law Firm, PLLC | Jan 6, 2020 | Chapter 13 Bankruptcy, Chapter 7 Bankruptcy
Households in North Carolina are being pushed to the financial brink right now as a large proportion of the population has either lost their job or had their wages cut. Bankruptcy may end up being the only way out for many who end up overcome by debt. Fortunately,...
On behalf of Janvier Law Firm, PLLC | Nov 29, 2019 | Chapter 13 Bankruptcy
Chapter 13 bankruptcy, sometimes referred to as wage earner’s bankruptcy, is a personal bankruptcy option that can help struggling consumers repay their debts over time. Because of the potential benefits of Chapter 13 bankruptcy, struggling consumers considering...
