Articles & Resources

When your business enters Chapter 11 bankruptcy, one of the most pressing concerns is what happens to the agreements that keep your company running. Those office leases, supplier contracts, and service agreements represent the foundation of your daily operations. Understanding how bankruptcy affects these commitments can help you make informed decisions during the reorganization process.…

When financial hardship forces you to consider bankruptcy, one of the first questions that comes to mind is probably “How long will this take?” It’s a fair concern. You’re ready for relief from creditor calls, mounting debt, and sleepless nights. You want to know when you can finally move forward with your life. The truth…

When debt becomes overwhelming, the search for relief can feel urgent and confusing. Two common paths emerge: debt settlement and bankruptcy. Both promise to address financial hardship, but they work in fundamentally different ways and produce very different outcomes. Understanding these differences can help you make an informed decision about which option truly offers the…

When you’re facing financial hardship, the idea of paying money to get out of debt can feel overwhelming. Yet understanding the costs associated with bankruptcy filing is an important part of deciding whether this path makes sense for your situation. At Biggs Law Firm, we believe in transparency about the financial commitment involved in bankruptcy,…

For North Carolina farmers facing overwhelming debt, the fear of losing their livelihood often overshadows the potential relief that bankruptcy protection can provide. Many agricultural producers believe that filing for bankruptcy means the end of their farming operations, but this simply isn’t true. In fact, agricultural bankruptcy law is specifically designed to help farmers continue…

When financial pressures mount and creditors start calling, many North Carolina residents ask themselves a frightening question: “Can I go to jail for not paying my debts?” This fear, while understandable, is often based on misconceptions about how debt collection works in the United States. Understanding your rights as a debtor can help reduce anxiety…

For many North Carolina families facing financial hardship, the family home represents more than just shelter – it’s the foundation of stability, the center of memories, and often the largest investment they’ve ever made.  When overwhelming debt forces you to consider bankruptcy, one of the most pressing concerns is whether you’ll be able to keep…

When overwhelming debt threatens your financial stability, the promise of a quick fix can seem irresistible. Debt settlement companies flood the internet and airwaves with advertisements promising to reduce your debt by 50% or more, often claiming they can make your financial problems disappear for a modest monthly fee.  Unfortunately, these promises rarely deliver the…