Debtor-Creditor › Chapter 7

The Magic of The “Automatic Stay”: Part 1

For me, the keystone or centerpiece of all of the interacting parts of the Bankruptcy Code is the automatic stay. The stay is the fundamental shield available to our clients who file for relief from creditors in a Chapter 7...more

The Time is Now…

Here we are. New year. If you are like me you look back and evaluate whether or not you met last year’s goals. And if you are like me you didn’t reach some of your goals. If you are still dealing with the same debt you...more

Bankruptcy Creditors Can Take Your Holiday Gifts

The holiday season is upon us, a time for sharing meals with friends, family and loved ones, and for some, expensive gifts. But debtors beware: Consumers who enter into bankruptcy proceedings in the next six months may end up...more

North Carolina Court of Appeals Allows Borrower to Take Breach of Fiduciary Duty Claims Against Lender to a Jury

In what may be a first for a North Carolina appellate court, the North Carolina Court of Appeals has reversed the entry of summary judgment for a lender on a borrower’s breach of fiduciary claim. In Dallaire v. Bank of...more