Articles & Resources

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Can You or Your Business File for Bankruptcy More Than Once?

You or your North Carolina company have fallen on financial hard times. It’s not the first time that you’ve been in a similar predicament. You’ve actually filed for bankruptcy before. You’re now facing a situation where you’re considering seeking debt relief once again. However, since you’ve filed before, you’re wondering, “Can you or your business…

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bankruptcy paperwork

Understanding the Differences Between the Different Bankruptcy Chapters

Individuals and businesses who are facing hard financial times often consider bankruptcy when looking for debt relief. While Chapters 7, 11,  and 13 may resonate with you as different bankruptcy chapters you’ve heard of, many individuals aren’t clear as to the differences between these cases. Even fewer realize that there are far more types of…

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couple discussing divorce

What Happens If My Spouse Files Bankruptcy While We Are Getting Divorced?

You and your husband or wife have decided to end your marriage. You’ve been separated for some time and have been trying to broker an out-of-court settlement in your case instead of a family court judge making those decisions for you. However, now you’ve gotten wind of the fact that your ex is taking debt…

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couple buying house not married

How To Protect Your Assets If You Aren’t Married to Your Partner

Research conducted by the Pew Research Center in 2019 showed that at least 59% of American adults aged 18 to 44 had resided with a romantic interest at some point in their lives. Their other research showed that cohabitation without any plans to marry was becoming increasingly more accepted, especially among younger generations. For example,…

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couple looking over tax paperwork

What Creditors You Should Pay if You Get a Tax Refund

It’s that time of the year when most of us are sitting down to file our taxes. If you’ve already done so, it may just be a matter of time before you receive your tax refund direct deposit or check in the mail.  If you are like many Americans who feel like you’re walking a…

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How Unmarried Dads Gain Visitation and Custody Rights in NC: Establishing Paternity Is Key

You found out that a pregnant mother is allegedly expecting your child or that a baby that was recently born apparently belongs to you. Or perhaps you just learned “through the grapevine” that a child born to a former female partner is yours. Now that you’ve heard this information, you want to sort out whether…

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child hugging parent

Understanding Child Custody: What Sole, Joint, Physical, and Legal Mean

As a parent, it’s unlikely that you ever planned to spend time away from your child aside from when they had to attend school or other activities. Relationships between parents sometimes don’t stand the test of time and work out the way they expected them to, and that’s when custodial arrangements have to be sorted…

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team meeting

What To Know About the Corporate Transparency Act

Listen up, North Carolina business owners! The Corporate Transparency Act (CTA) went into effect on Jan. 1, 2024. And, since it applies to limited liability companies (LLCs), corporations, and businesses with other incorporation structures, it may also apply to you and your commercial enterprise. Now that this law has gone into effect, you may have…

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meeting with attorney

Making Sense of North Carolina Bankruptcy Exemptions

When individuals decide to file for bankruptcy, one of the biggest concerns they have when doing so is that they’re going to have to part ways with their belongings, like their home, their car, jewelry, and other assets. Fortunately, that doesn’t have to be the case, as there are certain exemptions you’re entitled to when…

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wheat farm with sunset

What Is a Chapter 12 Bankruptcy?

Most everyone has heard of Chapter 7, 11, and 13 bankruptcy. However, there are lesser-known chapters of the bankruptcy code, including Chapter 12 bankruptcy, that you might not be as familiar with that is appropriate for a unique class of debtors – family farmers and fishermen. Continue reading, and we’ll discuss more regarding what a…

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