Articles Tagged with Chapter 13 protection

Bankruptcy Lawyer Bryan W. Stone answers the question: “Can I get rid of student loans by declaring bankruptcy?”

The reason most people feel forced to consider filing for bankruptcy is because their debts increase to unsustainable levels. Whether it’s a few large debts or many small ones, the total amount owed becomes too much to keep up with, requiring you to consider filing for bankruptcy. The hope is that bankruptcy wipes these debts away, allowing you to start fresh with a clean slate. Though that’s the goal, it’s unfortunately not always the reality. The reason is that some debts can’t be easily escaped and can instead follow you despite filing for bankruptcy protection. To learn more about which debts are hardest to shake, keep reading.

Bankruptcy Lawyer Bryan W. Stone answers the question: “What are North Carolina’s exemptions?”

Bankruptcy is a good thing for most people who choose to pursue it. By the time they consider filing they are typically in a tough financial spot, with mounting debt and not enough income to go around. Though bankruptcy is an excellent opportunity for a fresh start, there are certainly costs. Beyond the actual expense of filing and the harm that filing can do to your credit, bankruptcy can also mean the loss of property. To find out more about what happens to your property when filing for bankruptcy, keep reading.

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