North Carolina Bankruptcy Blog

In Personal Bankruptcy, What Happens to My Small Business?

No two businesses are the same, and this diversity is echoed in the implications the personal bankruptcy of a business owner has on a small business. Nevertheless, several general points can be considered: How the small business is organized The ...

Stuck in a High Interest Car Loan? Chapter 13 Can Lower Rates

Here in North Carolina, a car is typically essential transportation. Owning a car can be vital to continued employment. Lenders and car lots know this, and are very willing to loan money to buy a car. The catch, however, is a high, sometimes ...

Bankruptcy Filing Fees Increase June 1

Last month, the Judicial Conference of the United States approved fee increases to a number of bankruptcy filing fees, effective June 1, 2014. For Chapter 7 and Chapter 13 cases, the increase is $29. For Chapter 11 cases, the increase is a more ...