Frequently Asked Questions:

Charlotte Personal & Business Bankruptcy

Should I File Bankruptcy?

Bankruptcy is a personal decision which is influenced by the amount of your debt and your ability to meet payments or your ability to pay the full amount. Being hassled by creditors when you are broke is very stressful. The decision to file should not be made solely to stop creditors from hassling you. Certain kinds of debts cannot be discharged in bankruptcy such as student loans, alimony and support obligations, drunk driving restitution, and debts incurred through fraud.

Depending on your circumstances, bankruptcy may or may not be right for you. If after the bankruptcy you will be no better off than you were before then it does not make sense? The decision as to whether and when to file a bankruptcy petition is a very personal decision and should be based upon the facts of your individual case.

Let the bankruptcy attorney at Schwilm Law Firm help you. For a first free consultation call at 704-567-5252.