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Articles Tagged with Charlotte Bankruptcy law firm

Bankruptcy Lawyer Bryan W. Stone answers the question “What is Chapter 11 Bankruptcy?”

It’s sadly an all too common story these days, a claim of sexual abuse arises in a small town or city and, not too long after that, many more claims emerge, with victims feeling safe enough to come forward with their own stories. Adding insult to injury, these sexual abuse cases have frequently led to bankruptcy filings, with the churches responsible for paying the verdicts seeking ways to help avoid the potentially crushing financial burden of dozens of million dollar payouts.

Charlotte Bankruptcy Lawyer Bryan W. Stone of Arnold & Smith, PLLC answers the question “Do I need an attorney to file bankruptcy?”

Everyone knows that bankruptcy is a last resort. To file will cost money you money, take time and wreak havoc on your credit score, making it all but impossible to secure new loans or open new lines of credit in the short-term. Given these consequences, it wouldn’t make sense to consider filing for bankruptcy unless you had exhausted all other options.

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