Top Chapel Hill, NC Business Bankruptcy Lawyers Near You
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434 Fayetteville Street, Suite 2800, Raleigh, NC 27601
5425 Page Rd, Suite 430, Durham, NC 27703
4601 Six Forks Rd, Suite 400, Raleigh, NC 27609
9208 Falls of Neuse Road, Suite 120, Raleigh, NC 27615
5410 Trinity Rd, Suite 210, Raleigh, NC 27607
150 Fayetteville Street, Suite 300, Raleigh, NC 27601
313 E Martin St, Suite 104, Raleigh, NC 27601
4208 Forks Road, Suite 1000, Raleigh, NC 27609
434 Fayetteville St, Suite 1730, Raleigh, NC 27601
2235 Gateway Access Point, Suite 220, Raleigh, NC 27607
1709 Legion Rd., #215, Chapel Hill, NC 27517
2000 Regency Parkway, Suite 230, Cary, NC 27518
430 Davis Drive, Suite 400, Research Triangle Park, NC 27560
5400 Glenwood Ave, Suite 330, Raleigh, NC 27612
2609 Atlantic Ave, Suite 215, Raleigh, NC 27604
305 Church at North Hills Street, Suite 1200, Raleigh, NC 27609
1000 Park Forty Plaza, Suite 350, Research Triangle Park, NC 27713
4721 Emperor Blvd., Suite 400, Durham, NC 27703
4509 Creedmoor Rd, Suite 201, Raleigh, NC 27612
4208 Six Forks Road, Suite 1400, Raleigh, NC 27609
2225 W Millbrook Rd, Raleigh, NC 27612
4819 Emperor Blvd., Suite 400, Durham, NC 27703
9208 Falls of Neuse Road, Suite 201, Raleigh, NC 27615
4131 Parklake Ave, Suite 400, Raleigh, NC 27612
1414 Raleigh Rd, Suite 435, Chapel Hill, NC 27517
Chapel Hill Business Bankruptcy Information
Lead Counsel independently verifies Business Bankruptcy attorneys in Chapel Hill 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.
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.