Advice for North Carolina Consumers Struggling to Pay Bills
Johnston County – from Selma to Smithfield, and Benson to Wilson's Mills – houses close to 175,000 people, many of whom are struggling to regain their financial footing. While it's true that unemployment is down significantly in Johnston County, anyone who was affected by it may still be deep in debt. Our state's refusal to accept long-tern unemployment benefits has left too many consumers in financial trouble. Are you one of these people?
Is your vehicle at risk?
If you were making payments on a car or truck and fell behind on payments because you lost your job or had another financial hiccup, you may be facing a repossession. We don't really have any public transportation to speak of, so losing your vehicle can mean losing your job. You can't afford to let that happen. Depending on how far behind you are on your payments and what other types of debts you have, filing bankruptcy may help you hang on to your car.
Is your home at risk?
Are you behind on your mortgage payments? Have you received a foreclosure notice on your home? This can be scary. Both a chapter 7 and a chapter 13 bankruptcy will put an immediate stop to any foreclosure activity. A chapter 13 can help you get caught up on back payments and keep your home. A chapter 7 may be more suitable if you are upside down on your mortgage or have no equity because it will buy you time to find another place to live and will free you from the debt.
Let the experienced attorneys at the law offices of John T Orcutt help save your home and car.
Are you being hounded by debt collectors?
Has the ringing of your phone turned into a non-stop nightmare? Debt collectors can be ruthless and terrifying. They will call you at home, on your cell and at work. This can make you fear for your job and be a major source of stress in your life. Filing either type of bankruptcy will put an immediate end to this harassment. It is illegal for collection agents to contact you at all after you file bankruptcy, and once your debts are discharged, you'll be free of this stress for good.
Do you have a mountain of credit card debt?
When times get tough, it's hard not to give in to the temptation to whip out the plastic. When it comes down to the choice between additional credit card debt and putting food on the table or keeping the lights on, it's a no-brainer. But once you max out your cards, it can be difficult to pay them back and if you can only afford to pay minimum payments, you'll never get out of debt. Once you fall behind on credit cards, late fees and interest quickly become unmanageable.
Let us get the debt collectors off your back.
Did you get off track and can't seem to get back on?
For some people, a series of bad choices create their unmanageable financial crisis. Maybe you bought the most expensive home you could mortgage approval for – or did the same with your car. Perhaps you lived above your means for a while or set your lifestyle up based on a higher income and then had to take a lower paying job. No matter how you got into the situation, there is a way out. Bankruptcy offers a financial fresh start that can allow you peace of mind.
Have you suffered a major financial setback?
Most of our bankruptcy clients get into financial trouble because of one or more life events. For some, it's a car accident, on-the-job injury or major illness that puts them out of work for weeks or months and wrecks their finances. For others, it may be the death or illness of a spouse or a divorce. Usually it's something major that cuts income or increases debts and throws everything out of balance so that recovery isn't possible.
We're ready to listen and offer solutions for permanent debt relief
No matter how bad your financial crisis is – if you owe credit card debt, or are behind on your car loan or mortgage – we can offer solutions. We'll take a look at your debts, income and assets and explain what Chapter 7 and Chapter 13 can offer you and advise which is better to get you the most meaningful debt relief possible.