Bankruptcy Basics

Dealing With a Financial Surprise

05/24/12

There are two typical types of financial setbacks that lead to bankruptcy for most people: a huge surprise, and a slow and steady increase in debt.  If you are on the surprise side of things, as many of us are from time to time, it is important to follow several important steps.  If you just [...]

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50 Ways To Surrender Your Property In Bankruptcy

05/14/12

Post image for 50 Ways To Surrender Your Property In Bankruptcy

With apologies to Paul Simon:

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Four Rules For Finding Bankruptcy Truths

05/10/12

Remember, when you were a child, you assumed that anything written in a book was true.

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Bankruptcy Courtroom Etiquette

05/07/12

Common courtesy and respect are essential life skills.

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Reaffirmations and the “Ride-Through” in EDNC

05/04/12

On February 22, 2012, the Court issued the In re:  Bowden decision.  The Bowden decision will affect the way attorneys and their clients approach reaffirmation agreements in the Eastern District of North Carolina (EDNC).

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“Friendly” creditor phone calls and e-mails held to violate the bankruptcy discharge

04/30/12

Collection Efforts Prohibited by Bankruptcy Discharge Once you file for bankruptcy and receive your discharge order from the court, creditors are prohibited from attempting to collect on debts that were included in your bankruptcy, period. Section 524(a)(2) of the Bankruptcy Code explains that a bankruptcy discharge “operates as an injunction against the commencement or continuation [...]

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