Can I Still Farm If My Family Farm Files for Bankruptcy?

Filing for bankruptcy is a reality for many farmers in these uncertain financial times, but the process raises many questions.  Will you lose the farm? Can you keep your animals and equipment? What happens to your business after you file for debt relief? Bankruptcy comes in many forms and agreement structures, all with varying policies.…

Read More

What Happens When a Business Files for Chapter 11 Bankruptcy

reviewing financial documents

Nearly 5,000 American businesses file for Chapter 11 bankruptcy each year. This includes big-name companies like Bed Bath & Beyond and much smaller mom-and-pop operations. From the outside looking in, filing for bankruptcy might seem like it would doom a company and even put it out of business for good. But in reality, it may help…

Read More

What Creditors You Should Pay if You Get a Tax Refund

couple looking over tax paperwork

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…

Read More

Making Sense of North Carolina Bankruptcy Exemptions

meeting with attorney

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…

Read More