Greensboro Bankruptcy Lawyer

Financial Stress

Financial problems can cause strain in all areas of your life. Bankruptcy can be a way to rebalance your life.

Take the right steps

Getting out of financial trouble is easier than you think. By taking the right steps you'll get back on solid financial ground in no time.

The Right Help Makes All the Difference

Working with experienced and reliable attorneys can make the bankruptcy process smooth and as beneficial as possible for you. Call us today for a consultation.

Tying Up Loose Ends

Bankruptcy is a way to make sure your creditors no longer have power over your life. Let us help you get back in control.

Greensboro Bankruptcy Lawyer- Get a top rated bankruptcy attorney in Greensboro NC

If you have been considering bankruptcy and feel that there is no other solution, contact a Greensboro bankruptcy lawyer today! There are several misconceptions about bankruptcy that scare most people away and after speaking with one of our experienced attorneys, you might be surprised about what you didn’t know!

The Truth about Bankruptcy

There are many things about bankruptcy that are misrepresented or simply just unclear. Our firm is dedicated to educating people about bankruptcy and helping them make clear choices as to whether it is right for them or not.

What To Know

Bankruptcy judgments will remain on your credit report for up to ten years and yes they are not desirable for a great credit rating. You can expect to liquidate large items if you are filing Chapter 7, meaning any large assets other than a home or car may be used to satisfy some of your debts. You will have to start over and begin rebuilding your credit once the bankruptcy is completed.

What You May Not Already Know

When you first speak to your Greensboro bankruptcy lawyer you might be surprised when you are told you have more than one option for filing bankruptcy. You can file under Chapter 7 or under Chapter 13 of the U.S. Bankruptcy Code. Your individual situation will determine which one is best for you. Typically higher income earners have to use Chapter 13, meaning they still pay off their debts, but they get to renegotiate the terms. Lower income people can typically qualify for Chapter 7 which eliminates most debts.

Call today to speak with a Greensboro bankruptcy lawyer and receive a free, no obligation evaluation of your situation!

Marlton Square Exits Bankruptcy

The Marlton Square property development in South Los Angeles has exited bankruptcy. This could bring in new investments and developers.

In South Los Angeles on Tuesday, city officials and business leaders announced that a parcel of land called Marlton Square has emerged from bankruptcy. That could clear the way for development people in the area have waited on for a long time.

It’s called Marlton Square now. But back when Martin Luther King Boulevard was called Santa Barbara Boulevard, the square used to be a shopping center known as Santa Barbara Plaza. More than a quarter of a century ago, Los Angeles Mayor Tom Bradley called for the redevelopment of the large property adjacent to the Baldwin Hills Crenshaw Plaza Mall. It’s been a mess ever since.

“I’ve only been in office since 2003, and yet I’ve been to at least 4 groundbreakings on this facility,” said Los Angeles City Councilman Bernard Parks standing in front of the Buckingham Place Senior Apartments. It’s the only structure in the area that looks new – because it’s not finished.

Some of Buckingham… continue reading

Looking for a Greensboro Chapter 13 attorney? Contact us today for more information.

FairPoint Out of Bankruptcy

FairPoint Communications has emerged from Chapter 11 bankruptcy organization. The company now only has around $1 billion worth of debt.

Telecommunications company FairPoint Communications Inc. has emerged from bankruptcy reorganization nearly 15 months after filing for Chapter 11 with a crushing debt load and a battered financial sheet.

FairPoint says its reorganization plan became effective Monday, 11 days after being approved by the U.S. Bankruptcy Court for the southern district of New York.

The company says as a result of the restructuring it has reduced its debt from $2.8 billion to about $1 billion, allowing it to focus more attention on customers, vendors and employees.

FairPoint is based in Charlotte, N.C. It owns telephone companies in 18 states, with its largest holdings in Maine, New Hampshire and Vermont.

It filed for bankruptcy on Oct. 26, 2009, barely 18 months after buying Verizon’s northern New England landline telephone and Internet operations for $2.3 billion.

THIS IS A BREAKING NEWS UPDATE. Check back soon for further information. AP’s earlier story is… continue reading

Looking for a Chapter 13 attorney in Greensboro? Contact us today for more information.

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