Chapter 7 Bankruptcy

Carthage, North Carolina, Chapter 7 Bankruptcy Lawyers

Many people who have severe debt problems fear that they can no longer file for Chapter 7 Bankruptcy under the new bankruptcy laws. While bankruptcy laws have changed, our lawyers continue to provide bankruptcy solutions for people in central North Carolina, including Moore, Randolph, and Montgomery counties. We can also assist people in the surrounding counties of Chatham, Hoke, Lee, and Cumberland.

Under the new bankruptcy laws, you must first satisfy a means test before filing for Chapter 7 bankruptcy. In this means test, your household income is compared to the North Carolina median income for your household size. If your income is above the North Carolina median income, you will need to file for Chapter 13 Bankruptcy instead of Chapter 7 Bankruptcy.

You must also complete a credit-counseling course before and after filing for Chapter 7 bankruptcy.

Filing for Chapter 7 Bankruptcy allows you to:

  • Eliminate credit card bills, hospital bills, payday loans, and other forms of unsecured debt (debts that aren't backed up by tangible assets, such as your home or car)
  • Prevent home foreclosures, giving you time to catch up on your mortgage
  • Prevent car repossessions, giving you time to catch up on your payments
  • Put an immediate end to creditor harassment

Rowland & Yauger works with clients who are faced with the difficult decision of declaring Chapter 7 Bankruptcy. Our lawyers can answer all of your questions while helping you successfully navigate down the path to financial recovery.

We invite you to contact a Chapter 7 bankruptcy lawyer at Rowland & Yauger for a consultation about your legal rights. You can call our office at 910-947-2280 or toll free at 910-722-9717.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.