Learn More About Bankruptcy

Is Bankruptcy The Right Choice for You?

Is Bankruptcy The Right Choice For You? Are you struggling with the choice to file bankruptcy? However you got into debt, you may be struggling with the question, “Is bankruptcy right for me?” Most of the clients I meet in my Asheville bankruptcy law firm came to the realization that they were trapped with the amount of debt they had and needed help getting relief. They couldn’t get out of debt by skipping the morning coffee line.  They couldn’t get

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Bankruptcy and Retirement Accounts

You Don’t Lose Your Retirement Accounts in Bankruptcy You made responsible choices and contributed to a retirement account, and now that nest egg has grown significantly.  Don’t worry about losing your retirement savings in bankruptcy, because it’s exempt.  Under North Carolina exemptions, all IRS qualified retirement accounts (employer pensions, 401(k)’s, Traditional IRA’s, Roth IRA, etc.) can’t be touched by the bankruptcy court. If you are a state or municipal employee, those retirement benefits are exempt too.  This also applies to

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