Did you know that 45 percent of all the bankruptcy filings in North Carolina in 2012 were for Chapter 7? A bankruptcy attorney Raleigh can help you with a Chapter 7 bankruptcy too, if you qualify for one that is. When people get in over their heads in debt, they should immediately go and talk to a bankruptcy attorney Raleigh NC. A chapter 7 is one where your debt can be eliminated by selling off your assets and paying the money to your creditors. On the other hand, a bankruptcy attorney Raleigh NC may advise a Chapter 13 bankruptcy Raleigh. Your Raleigh bankruptcy lawyer can determine which type of bankruptcy you qualify for after asking few questions and going over your finances with you.
In the early 1800s one of the people who signed the Declaration of Independence spent time in jail for not being able to pay his debts. Filing bankruptcy is very common now. In fact, in the 12 month period ending in March 2012, the total number of bankruptcy filings in the nation was at 1,267,006. That is just in a 12 month period alone. You need to talk to your Raleigh bankruptcy attorney about it, but a Chapter 13 bankruptcy usually only affects your credit for about five years. If you need to file, contact a bankruptcy attorney raleigh nc. Just Google bankruptcy attorney Raleigh NC for an online listing. Find more on this here.by