Raleigh bankruptcy lawyers can be a wealth of information when you're looking for help fighting your debt. If you're struggling under the weight of serious debt there is real help available.
North Carolina bankruptcy laws are designed to provide protection and tools to help you eliminate your debt. Without the burden of debt and the harassment of creditors, you may feel like you've been given a fresh start to life.
The decision to file for bankruptcy can address debt stemming from almost any source, including credit cards, mortgages, car payments, medical expenses, utility bills and even payday and personal loans.
When you're ready to begin moving towards a debt-free life, contact a local Raleigh bankruptcy lawyer. Simply complete the free case evaluation form on this page or call us, toll free, at 877-349-1309 and we'll connect you directly.
Filing bankruptcy in North Carolina may do more than just help you eliminate your debt. The North Carolina bankruptcy laws may also provide protections for you, your family and your property during and after your bankruptcy case.
Most of the protections stem from a court order known as the "automatic stay." This provision goes into effect when you file bankruptcy. It is designed to put an immediate halt to:
Essentially, the automatic stay puts a halt to all claims to your property and debt while your debts are sorted out by filing bankruptcy. Then, once a bankruptcy court judge and your lawyer work out the final settlement, your creditors must honor the ruling. This means that if a debt is reduced or discharged during bankruptcy, a creditor cannot continue to seek payment on this debt. In fact, you could sue a creditor if they continue collecting a debt that was settled in bankruptcy.
Bankruptcy may offer other protections as well. Depending on which type of bankruptcy you file, Chapter 7 or Chapter 13, your filing may also help you keep your home, car and other possessions.
In order to take full advantage of the protections offered, you may want to meet with a Raleigh bankruptcy lawyer. Your lawyer can examine your finances, provide with bankruptcy information, and recommend which course of action will provide you the maximum protection.
To speak with a local Raleigh bankruptcy lawyer, call us, toll free, at 877-349-1309, or complete the free case evaluation form on this page and we'll connect you directly.
Note: Keep in mind all laws are complex. If you need legal advice or want to fully understand how these laws affect you, please speak with a local attorney.
Laws may have changed since our last update. For the latest information on your state's bankruptcy laws, speak to a local bankruptcy lawyer.