Can my Credit Card Company take my Wages? – NC Wage Garnishment

Unlike many other states, North Carolina law typically prevents credit card companies and private creditors from collecting debts from NC citizens by wage garnishment. While there are certainly exceptions, as discussed below, wage garnishment is not a widely available collections option for creditors in NC. Wage Garnishment? What is that? Wage garnishment is the legal…

Details

The Value of a Skilled Real Estate Agent

When you’re buying or selling real estate, one of the first things you should consider is whether or not to engage the services of a real estate agent.  The answer, in short, is “Absolutely!”  Real estate transactions are really a team activity, and you should spend some time assembling the absolute best team you possibly can…

Details

Do I NEED a Revocable Living Trust?

Many of my clients have heard national financial gurus like Suze Orman emphasize that a Revocable Livings Trust (or RLT, for short) is an essential part of ANY complete Estate Plan.  Well, that is not quite true.  When clients ask me whether they NEED an RLT, my lawyerly response is, of course, “it depends.” Trusts,…

Details

Chapter 7 vs. Chapter 13 Bankruptcy: Liquidation or Reorganization?

In considering the benefits and drawbacks of filing for bankruptcy, the decision as to which type of bankruptcy to file is extremely important. Below is a basic primer on the two main forms of consumer bankruptcy: Chapter 7 Bankruptcy under Chapter 7 is what attorneys and others frequently call “liquidation” bankruptcy. The primary benefit of…

Details

When am I Separated?

One of the most commonly asked questions we receive from our family law clients is “When am I legally separated?”  In North Carolina there are two requirements for a married couple to become separated: 1. The Husband and wife must be living “separate and apart” from one another.  North Carolina courts have interpreted “separate and…

Details