North Carolina Bankruptcy

(800) 870-9465 If you are going to North Carolina Bankruptcy Court or need a North Carolina Bankruptcy Attorney then you need Cameron Law. Better in most cases then the touted "credit management", "debt reduction", "debt consolidation loans", "credit repair" and, "debt settlement"; It allows a fresh start and the ability to clean up your credit. Unlike a North Carolina Bankruptcy, none of the others help your credit, and most will damage it more.

Do you need Financial CPR+?
Cost - We strive to keep our cost down. We charge only $999 for a Chapter 7 Bankruptcy! Yes we have payment plans!
Personality - We are proud of our claim:
. . . Bankruptcy Law at its Friendliest!
Resourcefulness - We work hard to get you the best deal and most options possible!
+ Plus - We are open most weekends and evenings and work via Internet, Phone & USPS - No need to come to our office!

Anything you buy 90 days BEFORE FILING a Chapter 7 Bankruptcy, other than real estate, can be taken by the Trustee.

In practice, only things that CAN be sold for a fair profit will be taken. It has to be worth the Trustee's time to pick up the item and sell it. He can keep no more than 10% of the selling price, so if an item can be sold for $1,000 it has to be worth no more than $30 - $100 of the Trustee's time and expense. If it can be sold for $100, the trustee can only make $3 - $10 on it.

In reality, Trustees rarely take anything besides real estate and vehicles because most other property is not worth their time since they can keep only 3-10%. Since the 90 day rule does not include real estate, this really only applies to vehicles and other EXPENSIVE property.

The easiest way around this is to ensure you do not file within 90 days of purchasing an expensive item. If this is not possible, it is our experience that MOST OF THE TIME, trustees do not check the date of purchase and you probably can get away with it - but no promises!