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 7 Bankruptcy
For individuals who are facing financial hardships in North Carolina or across the U.S., a bankruptcy means test can determine whether they can obtain debt forgiveness through filing for Chapter 7 bankruptcy. By evaluating an individual’s income, expenses, and...
On behalf of Janvier Law Firm, PLLC | Aug 3, 2020 | Chapter 7 Bankruptcy
If a creditor obtains a judgment against you, there is a chance that your wages may be garnished. There is also a chance that you will be required to pay fees and interest on top of the principal balance owed. However, there are steps that you can take that may...
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 | Jul 8, 2020 | Chapter 7 Bankruptcy
One of the most common reasons people in North Carolina face financial challenges is through medical debt. Illness, injury or a condition might make it necessary to get extensive medical treatment. This often happens without warning and may result in exorbitant bills....
On behalf of Janvier Law Firm, PLLC | Apr 28, 2020 | Chapter 7 Bankruptcy
North Carolina residents who are struggling to pay off credit card balances and other bills may have heard of the “debt-snowball” approach made popular by the finance guru David Ramsey. Following a snowball plan involves applying all available funds to the card or...
On behalf of Janvier Law Firm, PLLC | Apr 13, 2020 | Chapter 7 Bankruptcy
For many people in North Carolina, Chapter 7 bankruptcy can offer a route out of a difficult financial situation. People have the opportunity for debt relief through the liquidation of their assets, and their creditors can claim proceeds from the bankruptcy estate in...
On behalf of Janvier Law Firm, PLLC | Mar 27, 2020 | Chapter 7 Bankruptcy
In North Carolina, those who consider filing for bankruptcy may be told that the long-term impact of their filing is that they will have trouble finding a new job or even keeping the one that they have. However, new research shows that this may not be as much a cause...
On behalf of Janvier Law Firm, PLLC | Mar 2, 2020 | Chapter 7 Bankruptcy
If a debtor is granted an automatic stay in a North Carolina bankruptcy case, creditors must stop all collection activities. This means that they cannot follow through with a lawsuit, garnish wages or take any other action prohibited by the stay. In some cases,...
On behalf of Janvier Law Firm, PLLC | Feb 7, 2020 | Chapter 7 Bankruptcy
North Carolina companies that are looking for debt relief may choose to file for either Chapter 7 or Chapter 11 bankruptcy. Those that seek Chapter 7 relief generally have most of their assets liquidated by the trustee and then cease operations. Businesses that file...
