Free Initial Contract (919) 627-7748 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!
You do not have your unsecured debt eliminated (but it can be reduced)!
Filing a Chapter 13 will be reported to the IRS. If you have not filed taxes or paid taxes over the last few years, any tax debt you have will be added to your Chapter 13 repayment plan. In a Chapter 7, if you filed taxes properly and promptly, any income tax over 3 years old that you owe will be discharged. You must file your taxes up to date in order to have a Chapter 13.
If you file a Chapter 13, you may lose your tax refund to the repayment plan but your plan will be credited. Also if your income goes up or down the payments may be adjusted.
If you have filed a Chapter 7 within the last eight years, a Chapter 13 is your only option. But, Chapter 13 cases are often converted to a Chapter 7 after time, when the Debtor cannot make the payments to the repayment plan or if the Debtor later wishes.
A Chapter 13 will tend to hurt your credit more than a Chapter 7, if your credit rating was good when you filed. A Chapter 13 requires a long period of involvement with the Court. During this time, you may fall farther behind on unsecured accounts while secured accounts are being paid. Or, your secured accounts may fall behind while taxes and priority claims are being paid.
Chapter 13 cases are limited to cases with about $1,250,000 (1.25 million for 2004) in debt but this amount increases or an increase is proposed each year.
Having sufficient income to pay the Chapter 13 payments.
Proposing a plan that must pay an amount at least equal to a Chapter 7.
Its high failure from becoming ill or disabled later and not being able to complete the repayment.
A Chapter 13 requires a long period of involvement with the Court.
Higher costs including attorney fees and loss of income tax refunds.
Having the court involved in your life. If you need to buy a car or home or financing one within the next 5 years you will need your attorney to ask the court for permission.
A Chapter 13 will tend to hurt your credit more than a Chapter 7 if your credit rating was good when you filed.
The time it takes (3-5 years to complete) and how it will be on your credit record for up to 5 years while you finish the bankruptcy repayment plan when a Chapter 7 is usually over in about 4 months.
Any valid debt not provided for in the Chapter 13 plan.
Alimony and child support.
Educational loans, except in cases of prolonged and severe hardship - a very difficult standard to meet.
Any debt for death or personal injury caused by the unlawful operation of a motor vehicle while intoxicated.
Restitution or criminal fine included in a sentence upon conviction of a crime.
Secured debts not paid off prior to last plan payment.
*See contract for details
2004(c) -2010(c) Sheree Cameron, Esq. All Rights Reserved. Privacy Policy
Cameron Law is a Congressionally designated and Federally mandated Debt Relief Agency who's practice includes bankruptcy.
Disclaimer (the fine print): This web site is not legal advice, and it may not be applicable to your own personal situation. An attorney-client relationship is not established by reading or interacting with this web site.
Who is Attorney Sheree Cameron (Bar #31432)?
Sheree is Licensed in ALL the Districts (Eastern, Middle, and Western Districts) of North Carolina.
If you are going through hard times, you need Cameron Law. Better in most cases than the touted "credit management", "credit reduction", "debt consolidation loans", "credit repair", and "debt settlement"; North Carolina Bankruptcy allows a fresh start and the ability to clean up your credit.