Foreclose or Declare Bankruptcy?

Clients in financial difficulty often ask whether they are better served allowing their home to go into foreclosure or whether bankruptcy might be a better option for them.
Not since the Great Depression have so many people had to learn so much about credit law. Five years ago most of the clients we now see in [...]

The Tax Man Lienith

After ten years the Internal Revenue Service issued 475% more liens last year than it did in 1999.
A recent CNNMoney story quoted national taxpayer advocate Nina Olson saying, “Taxpayers are being greatly harmed for very little benefit to the government.” In her annual report to Congress, Ms Olson says the IRS must do more to [...]

Primer for Distressed Homeowners: Part 3 of 3

In our first post of this series we covered the foreclosure process and defined some basic real estate terms related to distressed sales.
In the second post, we answered questions on preventing foreclosure, negotiating with a mortgage company, and what to do about an adjustable rate mortgage that will soon reset.
This post addresses questions on short [...]

Speaking on Business Bankruptcy

Unfortunately, lawyers have a reputation for being “all about the money.”  Few people realize the pro bono (free) work so many of us do for those unable to pay.  This week my partner Rick Mitchell and I will be speaking (for FREE) in Charlotte on business bankruptcy for NC LEAP , the premier provider of [...]

I don’t want to file, but should I?

Many people we see in our offices want us to handle negotiations with credit card companies or provide them with credit card counseling. Most often these individuals need bankruptcy protection, not creditor negotiation or credit card counseling. You may be the exception, so contact our office for an initial consultation. Here’s a checklist to see whether bankruptcy is a viable option for your circumstances.

In Financial Distress?

We help clients facing these financial difficulties:

Foreclosures, wage garnishments, creditor harassment and repossessions
Creditor negotiation (including credit card companies) to lower debt and avoid bankruptcy
Restructuring, liquidating and winding down troubled operations
Negotiate unpaid taxes with local, state and federal agencies
Asset planning and protection after a harmful turn of business affairs
We regularly advise clients on legal matters that [...]