A bankruptcy blog containing useful information for anyone considering a Charlotte bankruptcy attorney.

Will My Personal Injury Bills Go To Collections?

Will My Personal Injury Bills Go To Collections? Car accidents lead to hefty personal injury bills for both property damage and medical treatment. Hopefully, you’ll recover enough in your personal injury settlement or your child’s personal injury settlement, to take care of all of your bills. The problem is that many personal injury claims take…

Are 403b Accounts Protected In Bankruptcy

Is My 403b Account Protected In Bankruptcy?

Is My 403b Account Protected In Bankruptcy Short Answer: Yes. Much like a 401k plan, 403b retirement plans are protected in bankruptcy. If you are an employee of a state or county school, or a non-profit, you may have your retirement funds in a 403b retirement plan. While these funds do need to be disclosed…

notify creditors about bankruptcy

Who Will Notify My Creditors About My Bankruptcy Filing?

Who Notifies Creditors About My Bankruptcy Filing? The Bankruptcy Court notifies your creditors about your bankruptcy filing. The most common way that creditors find out about the bankruptcy filing is from a letter directly from the Clerk of the United States Bankruptcy Court.  All creditors listed in your bankruptcy schedules will receive notice of the…

sears bankruptcy

Sears Filed Bankruptcy – Should You?

Sears Filed Bankruptcy – Should You? News today made it very clear that Sears filed bankruptcy. As a bankruptcy law firm, any time we see a corporation filing bankruptcy, we know it’s a business decision. When it comes to your personal bankruptcy filing, we encourage you to think of it as a business decision as…