What are the Benefits of Filing Bankruptcy?
Charlotte Bankruptcy Lawyer Blog
by Matthew R. Arnold, Esq.
2y ago
Bankruptcy Lawyer Bryan W. Stone answers the question: “What are the pros and cons of bankruptcy?” The last couple of years have been stressful for everyone, and they may also have caused you a great deal of financial hardship. If you are experiencing serious money troubles, you may be considering filing bankruptcy. Bankruptcy is a legal way to resolve debt and potentially wipe your financial slate clean. You may either make arrangements to consolidate and repay your debts or you might have to liquidate assets and pay back as much as possible. Both options offer a way to get out from under th ..read more
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Chapter 7 vs. Chapter 13 Bankruptcy: What North Carolina Residents Should Know
Charlotte Bankruptcy Lawyer Blog
by Matthew R. Arnold, Esq.
2y ago
Bankruptcy attorney Ben Tobey answering the question: What is the difference between a Chapter 7 and a Chapter 13 bankruptcy? In life, Americans will inevitably face challenges and obstacles as they attempt to build wealth and secure a financial future for themselves and their families. For some, these obstacles are overcome by some combination of tact, familial support, and luck. For others, however, these obstacles become too much of a burden. This is when discussions of filing for bankruptcy begin to enter the equation ..read more
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Filing for Bankruptcy in North Carolina: A Primer for Residents
Charlotte Bankruptcy Lawyer Blog
by Matthew R. Arnold, Esq.
2y ago
Bankruptcy attorney Ben Tobey answering the question: Will a bankruptcy filing stop a foreclosure? For many Americans in today’s society, the process of making investments and building wealth is a smooth one. However, for countless others, unforeseen obstacles and life events lead one’s level of wealth to deteriorate. When an individual’s debts begin to substantially outweigh their assets, many begin to seriously consider filing for bankruptcy ..read more
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Filing for Bankruptcy in North Carolina
Charlotte Bankruptcy Lawyer Blog
by Matthew R. Arnold, Esq.
2y ago
Bankruptcy attorney Ben Tobey answering the question: When is it better to file bankruptcy instead of working with my creditors to settle my debts? Throughout recent history, the American perception around filing for bankruptcy is changing.  While the decision to file for Chapter 7 or 13 bankruptcy is not one that should be taken lightly, the general stigma surrounding the decision is not as prevalent as it once was, and many Americans today understand that bankruptcy can be a strategic way to reorganize debt and give citizens a fresh start on their financial journey ..read more
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Bankruptcy Exemptions in North Carolina
Charlotte Bankruptcy Lawyer Blog
by Matthew R. Arnold, Esq.
2y ago
Bankruptcy attorney Ben Tobey answering the question: Can i transfer nonexempt property out of my name before filing bankruptcy to protect it? Whether we like to admit it or not, we Americans live in a capitalist society. Our culture values wealth and property accumulation, and our nation’s financial sector has created multiple different tools and avenues to help citizens build wealth. While debt instruments such as credit cards and loans exist to help us grow our finances, if we are not responsible or fall victim to circumstances we may end up looking for an experienced bankruptcy attorney ..read more
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Seven Questions to Ask Your Charlotte Bankruptcy Lawyer if You are Considering Filing Bankruptcy
Charlotte Bankruptcy Lawyer Blog
by Matthew R. Arnold, Esq.
3y ago
Bankruptcy Lawyer Bryan W. Stone answers the question: “How do I find a bankruptcy attorney in Charlotte?” If you are considering filing bankruptcy because you cannot pay off your debts, you need to speak with an experienced lawyer to obtain as much information as you can ..read more
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What Happens After You File for Bankruptcy?
Charlotte Bankruptcy Lawyer Blog
by Matthew R. Arnold, Esq.
3y ago
Bankruptcy attorney Ben Tobey answering the question: Can i transfer nonexempt property out of my name before filing bankruptcy to protect it? For many debtors, filing for bankruptcy is their only option to get much-needed relief from debt. However, many are hesitant to file because they do not know what happens after filing for bankruptcy ..read more
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What Happens After Filing Chapter 7 Bankruptcy?
Charlotte Bankruptcy Lawyer Blog
by Matthew R. Arnold, Esq.
3y ago
Bankruptcy attorney Ben Tobey answering the question: What is the difference between a Chapter 7 and a Chapter 13 bankruptcy? For many debtors, filing Chapter 7 bankruptcy is the best debt relief option. However, many debtors do not understand what happens after filing for bankruptcy ..read more
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How Much Will it Cost to File for Bankruptcy in North Carolina?
Charlotte Bankruptcy Lawyer Blog
by Matthew R. Arnold, Esq.
3y ago
Bankruptcy Lawyer Bryan W. Stone answers the question: “What are my alternatives to bankruptcy?” If you are deeply in debt and considering a bankruptcy filing, you may be worried about the cost of filing for bankruptcy. While bankruptcy may help you get relief from your debt, you need to make sure that you can afford the filing fees and court costs ..read more
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What Assets are Exempt From Bankruptcy Seizures in North Carolina?
Charlotte Bankruptcy Lawyer Blog
by Matthew R. Arnold, Esq.
3y ago
Bankruptcy Lawyer Bryan W. Stone answers the question: “Will I lose my property if I file for bankruptcy?” If you are reluctant to file for bankruptcy because you are concerned about losing your belongings and property, you should take comfort knowing that some of your assets can be exempt from bankruptcy seizures in North Carolina ..read more
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