Concord Chapter 7 Bankruptcy Attorney
Serving Concord, Cornelius, Charlotte, and Western Cabarrus County in North Carolina
The Costs for Filing Bankruptcy in North Carolina
Nardone Law is a Concord Chapter 7 Bankruptcy Attorney that helps clients file for Chapter 7 under US Bankruptcy Law and North Carolina State Law.
Our goal is to provide a stress-free, comfortable bankruptcy experience while helping clients take control of their financial future.
We understand that filing for bankruptcy can be an intimidating process, so we offer personalized legal services tailored to each individual’s specific needs and concerns.
Our attorneys have years of experience in providing legal counsel and advice to help our clients make informed decisions about their financial future.
Our bankruptcy law firm is here to answer your questions and provide you with the knowledge and understanding needed to move forward with confidence. We understand that your circumstances might be unique and that it is important to take into account all of the details before deciding which type of bankruptcy is right for you.
What Debt Can be Discharged in a Chapter 7 Bankruptcy?
Nardone Law is a Concord Chapter 7 Bankruptcy Attorney that helps clients file for Chapter 7 under US Bankruptcy Law and North Carolina State Law.
Our goal is to provide a stress-free,
Most unsecured debts such as
- credit cards;
- medical bills;
- personal loans;
- collections debt;
- past and / or overdue bills;
Can be discharged in a Chapter 7 bankruptcy.
If you have secured debts such as mortgages, car loans, or student loan payments, they cannot be discharged in a Chapter 7 bankruptcy but some of the balances may be reduced through the process.
Do I Qualify for a Chapter 7?
Chapter 7 is not for everyone. Several factors will determine whether you qualify for this type of bankruptcy, such as:
- Your total income
- The value of your assets
- The amount of debt you owe
We can help you figure out if you meet the eligibility requirements and work with you to develop a plan tailored to your financial situation.
Which Assets Are Exempt in North Carolina?
North Carolina law allows certain assets to be exempt from the bankruptcy process. These exemptions vary depending on the type of bankruptcy you are filing, but they typically include:
Home equity: If you are over 65, you can protect up to $60,000, and those under 65 can protect up to $35,000
Personal Property: You can protect up to 5,000 in clothing and 25,000 in college savings
Vehicle: Up to 3,500 in equity for your vehicle
At Nardone Law, we can help you review your assets to determine which are exempt under North Carolina law. Contact us today for a free consultation and let us discuss how we can help you get the financial freedom you deserve.
Get a Fresh Start Today by Contacting Nardone Law
With over 22 years of experience in Chapter 7 Bankruptcy, our firm can help you navigate the process and ensure that you get a fresh start. We understand that this is a difficult time for you, and we are here to provide you with the knowledge and understanding needed to make informed decisions about your financial future.
Contact us today for a free consultation. Let us discuss how we can help you achieve financial freedom!
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Nardone Law
Address:
181 Church St NE, Concord, NC 28025
Phone: (704) 784-9440
Have Questions About Filing for Bankruptcy? Give Us a Call: