Archives: June 2013

Can I reaffirm my home mortgage? And if I can, should I?

As an Asheville Bankruptcy Attorney I am often asked if people should reaffirm their mortgage debt. Your mortgage company may be telling you that you need to reaffirm your mortgage debt. This is almost always incorrect, wrongheaded, and generally not a good idea. I have previously discussed reaffirmations in the...

Will my membership interest in a North Carolina LLC be impacted if I file bankruptcy?

There was a really good question posted on AVVO.com today regarding the impact of bankruptcy filing on a member’s interest of an LLC. As an Asheville bankruptcy lawyer, this was my response: Frankly, I have found that the NC statute (NCGS 57C-3-02) is one that many attorneys, including bankruptcy attorneys,...