Top Morrisville, NC Bankruptcy Lawyers Near You

Bankruptcy Lawyers | Raleigh Office | Serving Morrisville, NC

150 Fayetteville Street, Suite 300, Raleigh, NC 27601

Bankruptcy Lawyers | Durham Office | Serving Morrisville, NC

1921 N Pointe Dr, Durham, NC 27705

Bankruptcy Lawyers | Raleigh Office | Serving Morrisville, NC

3600 Glenwood Ave, Suite 350, Raleigh, NC 27612

Bankruptcy Lawyers | Raleigh Office | Serving Morrisville, NC

5410 Trinity Rd, Suite 210, Raleigh, NC 27605

Bankruptcy Lawyers | Durham Office | Serving Morrisville, NC

2530 Meridian Parkway, Durham, NC 27713

Bankruptcy Lawyers | Cary Office | Serving Morrisville, NC

2500 Regency Parkway, Cary, NC 27518

Bankruptcy Lawyers | Raleigh Office | Serving Morrisville, NC

313 E Martin St, Suite 104, Raleigh, NC 27601

Bankruptcy Lawyers | Research Triangle Park Office | Serving Morrisville, NC

1000 Park Forty Plaza, Suite 350, Research Triangle Park, NC 27713

Bankruptcy Lawyers | Raleigh Office | Serving Morrisville, NC

2501 Blue Ridge Rd, Suite 390, Raleigh, NC 27607

Bankruptcy Lawyers | Chapel Hill Office | Serving Morrisville, NC

100 Europa Drive, Suite 401, Chapel Hill, NC 27517

Bankruptcy Lawyers | Durham Office | Serving Morrisville, NC

4819 Emperor Blvd, Suite 400, Durham, NC 27703

Bankruptcy Lawyers | Raleigh Office | Serving Morrisville, NC

305 Church at North Hills Street, Suite 1200, Raleigh, NC 27609

Bankruptcy Lawyers | Raleigh Office | Serving Morrisville, NC

4509 Creedmoor Rd, Suite 201, Raleigh, NC 27612

Bankruptcy Lawyers | Raleigh Office | Serving Morrisville, NC

555 Fayetteville Street, Suite 1100, Raleigh, NC 27601

Bankruptcy Lawyers | Raleigh Office | Serving Morrisville, NC

301 Fayetteville Street, Suite 1700, Raleigh, NC 27601

Bankruptcy Lawyers | Raleigh Office | Serving Morrisville, NC

4601 Six Forks Rd, Suite 400, Raleigh, NC 27609

Bankruptcy Lawyers | Chapel Hill Office | Serving Morrisville, NC

1450 Raleigh Rd, Suite 100, Chapel Hill, NC 27517

Bankruptcy Lawyers | Raleigh Office | Serving Morrisville, NC

751 Corporate Center Dr, Suite 300, Raleigh, NC 27607

Bankruptcy Lawyers | Raleigh Office | Serving Morrisville, NC

4141 Parklake Ave., Ste. 200, Raleigh, NC 27612

Bankruptcy Lawyers | Raleigh Office | Serving Morrisville, NC

4141 Parklake Avenue, Suite 300, Raleigh, NC 27612

Bankruptcy Lawyers | Raleigh Office | Serving Morrisville, NC

5400 Glenwood Ave, Suite 330, Raleigh, NC 27612

Bankruptcy Lawyers | Raleigh Office | Serving Morrisville, NC

5540 Centerview Dr., Suite 200, Raleigh, NC 27606

Bankruptcy Lawyers | Raleigh Office | Serving Morrisville, NC

301 Fayetteville Street, Suite 1400, PNC Building, Raleigh, NC 27601

Morrisville Bankruptcy Information

Lead Counsel Badge

Lead Counsel Verified Attorneys In Morrisville

Lead Counsel independently verifies Bankruptcy attorneys in Morrisville and checks their standing with North Carolina bar associations.

Our Verification Process and Criteria
  • Ample Experience Attorneys must meet stringent qualifications and prove they practice in the area of law they’re verified in.
  • Good Standing Be in good standing with their bar associations and maintain a clean disciplinary record.
  • Annual Review Submit to an annual review to retain their Lead Counsel Verified status.
  • Client Commitment Pledge to follow the highest quality client service and ethical standards.

Find a Bankruptcy Attorney near Morrisville

Are You Considering Bankruptcy?

If you’re overwhelmed with debt and are looking for legal solutions to solve your financial crisis then bankruptcy may be a great option for you. A skilled Morrisville bankruptcy lawyer can help determine whether bankruptcy can help eliminate your debt, and get you back on your feet.

Different Types of Bankruptcy Available

Did you know there are various types of bankruptcy that each serve a different purpose and require a different skillset? A Chapter 7 Bankruptcy is one type a bankruptcy attorney may decide is the best way for you to liquidate your assets to pay off creditors. This is especially true if you currently have no income.

On the other hand, a Bankruptcy law firm may select a Chapter 13 Bankruptcy as a way for you to keep control of your belongings while paying back your creditors over time.

What is bankruptcy?

Bankruptcy is a legal process that allows people to get out from under debts that are causing serious financial harm. Through the bankruptcy process, you may be able to get rid of debts like medical bills, credit card bills, and other unsecured debts. Factors such as your income and whether you have assets that you can sell to pay off some of the debts are taken into account when filing for bankruptcy and will determine what happens.

What happens when I file for bankruptcy?

When you file for bankruptcy, you will be under a federal bankruptcy court’s supervision and protection. During this time, you, your lawyer, the court, and your creditors will work on a plan for discharging your eligible debts. Collectors will also be unable to repossess property and garnish your wages or bank accounts during this time.

How much does it cost to file for bankruptcy?

There is no easy answer to this question. The ultimate cost will be a mix of court filing fees and what you owe your attorney for guiding you through the process. What you owe will depend on how complicated your case is and whether there are any prolonged disputes with creditors. Most likely, however, the debt relief that comes with bankruptcy will outweigh any fees.

How long does bankruptcy stay on your credit report?

A Chapter 7 bankruptcy filing will stay on your credit report for up to 10 years, while a Chapter 13 will remain for up to seven years. A bankruptcy filing will also harm your credit score. However, if you need to file for bankruptcy, it’s likely your score is not that high anyway, and your bankruptcy will give you a chance at a fresh start and time to rebuild your credit score.

Best Time to Seek Legal Help

No matter what your legal issue may be, it is always best to seek legal help early in the process. An attorney can help secure what is likely to be the best possible outcome for your situation and avoid both unnecessary complications or errors.

Top Questions to Ask a Lawyer

  • What is the usual process to resolve my case? How long will it take to resolve this?
  • What are likely outcomes of a case like mine? What should I expect?

An experienced lawyer should be able to communicate a basic “road map” on how to proceed. The lawyer should be able to walk you through the anticipated process, key considerations, and potential pitfalls to avoid. Once you’ve laid out the facts of your situation to the lawyer, he/she should be able to frame expectations and likely scenarios to help you understand your legal issue.

Types of legal fees:

Bill by the hour: Many attorneys bill by the hour. How much an attorney bills you per hour will vary based on a number of factors. For instance, an attorney’s hourly fee may fluctuate based on whether that hour is spent representing you in court or doing research on your case. Attorneys in one practice area may bill you more than attorneys in a different practice area.

Contingent fee: Some lawyers will accept payment via contingent fee. In this arrangement, the lawyer receives a percentage of the total monetary recovery if you win your lawsuit. In sum, the lawyer only gets paid if you win. Contingent fee agreements are limited to specific practice areas in civil law.

Flat fee: For “routine” legal work where the attorney generally knows the amount of time and resources necessary to complete the task, he/she may be willing to bill you a flat fee for services performed.

Common legal terms explained

Plaintiff – a person or party who brings a lawsuit against another person(s) or party/parties in a court of law. Private persons or parties can only file suit in civil court.

Judgment – A decision of the court. Also known as a decree or order. Judgments handed down by the court are usually binding on the parties before the court.

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