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Plagued by calls from debt collectors?

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Owing debt you can’t afford can be scary - especially when aggressive collectors are involved. Many debt collectors follow the letter of the law, but others cross the line and can threaten or try and intimidate you. Wilmington bankruptcy can stop aggressive debt collectors and shut them down for good while also relieving your debt. It offers instant peace of mind.

Is the clock running out on your debt?

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From the moment you go delinquent on debt in Greensboro, North Carolina, the creditor can come after you to collect what is owed. They have the right to use whatever legal means are available to get the money from you. They will also tack on late fees on top of the debt and collection agency fees if they enroll an outside firm to help. These efforts may continue until you pay or the statutes of limitation expire. But what does that mean?

More seniors than ever are filing bankruptcy 

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An unprecedented number of seniors are now filing bankruptcy. New research has shown that since 1991, bankruptcy filings for Americans 65 and older have tripled. Data from the Consumer Bankruptcy Project shows that seniors now make up a larger percentage of bankruptcy filers than ever. The takeaway is that bankruptcy is the last hope for many older Americans and the problem is growing.

More seniors than ever are filing bankruptcy

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New research from the Consumer Bankruptcy Project recently reported that older Americans (aged 65 and above) are increasingly filing bankruptcy. The research used bankruptcy cases and questionnaires completed by 895 respondents between the ages of 19 to 92. They found a 204% increase in the number of seniors who file bankruptcy.

Stressed over a Wilmington tax lien?

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Getting behind on your state and federal income taxes can be stressful. The government has some incredible powers of collection and can attach your wages, personal property, bank account, and more. When you’re late on taxes, one of the most grievous outcomes is a tax lien. If possible, you should deal with your tax trouble before there's a lien.

Are you behind on child support?

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With Greensboro bankruptcy, you can tackle most any debt. From the moment you file, bankruptcy makes sweeping changes to your life. It puts an end to overwhelming debt and gets you a new lease on your financial life. No matter whether you choose Chapter 7 or Chapter 13, bankruptcy helps with its automatic stay, debt reduction, and discharge.

What's the best time to file Wilmington bankruptcy?

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Deciding to file Wilmington bankruptcy can be overwhelming. Many people feel it’s admitting failure. It’s not. It’s acknowledging that you need help. There’s nothing wrong with that. Life events out of your control trigger most bankruptcy filings. Divorce, illness, job loss, and similar circumstances are factors in most bankruptcy cases. Filing sooner rather than later can restore you to financial health faster.

Renting after bankruptcy is possible

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After Greensboro bankruptcy, you might need to explore housing options. Some people use Chapter 7 bankruptcy to unload an unaffordable mortgage and need a new place to live – or you might be ready to relocate for work or because your existing lease is expiring.

Millennials crushed by medical debt

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Medical debts are one of the most common debts incurred and many people struggle to pay. One in six Americans has past-due health bills on their credit report. Even those with insurance might have unaffordable medical bills because of ever-higher deductibles across most Affordable Care Act insurance plans. Wilmington bankruptcy can help shed this debt.