Your employment, social or religious contacts might also provide leads.Even if you don’t end up hiring an attorney to handle your separation or divorce, you would be well advised to get as much information as you can before you even discuss divorce with your spouse. Our laws are complex and even the simplest situation can be very confusing to families already in distress.
Chapter 13 Bankruptcy may be available to stop a pending foreclosure or repossession of property.
Therefore, debtors do not have to worry about a creditor getting a judgment in state court and then going to their employers and demanding that their paycheck be garnished for the payment of that debt.
Typical consumer creditors, such as credit cards personal loans, and medical debts, are not allowed to garnish wages. For instance, your wages can be garnished in North Carolina for specific creditors such as the IRS, North Carolina Department of Revenue, and student loans.
There is always some element of risk in a Chapter 7 bankruptcy case in that property of the debtor can be sold by a liquidating Chapter 7 trustee with proceeds distributed to creditors.
One of the most common misconceptions we encounter from prospective bankruptcy clients is the notion that if they file bankruptcy, all their possessions will be taken away.