Attorneys in Northeastern NC

Bankruptcy is a legal proceeding which assists people and businesses that cannot pay their debts. There are several types of bankruptcies.  Each type is different, and all are very helpful.  Various debts may be eliminated, restructured, and/or modified. Bankruptcy is individualized to meet a client’s needs.

Bankruptcy is a federal proceeding handled in federal court, not in your local state court. Using the Bankruptcy laws, and many years practice in the U.S. Bankruptcy Court, our firm can Stop harassing calls and letters, Stop a foreclosure, and Stop a repossession to give you the breathing room to “get back on your feet,” so you can provide for yourself and your family. In addition, if you have a debt owed to you, you may need to assert rights in the Bankruptcy Court or face total loss.

Types of Bankruptcy:

  • Chapter 7 bankruptcy
  • Chapter 11 bankruptcy
  • Chapter 12 bankruptcy.
  • Chapter 13 bankruptcy.

Types of Bankruptcy Debts: All debts must be listed on your petition. It is possible to elect how you treat debts. Try to think of everything that you owe to every entity.

  • Real estate debts – mortgages, equity lines
  • Car loans
  • Credit cards, gas cards, store credit cards
  • Personal loans
  • Furniture loans, rent to own
  • Cash advances
  • Pay day loans
  • Medical debts
  • Taxes – IRS, NC Department of Revenue, county taxes, withholding taxes
  • Student loans
  • Unpaid rent
  • Unpaid alimony or child support
  • Loans from family members

Benefits of Bankruptcy 

  • Eliminates many debts including credit card debts, medical bills, personal loans, and previous repossessions
  • Stops foreclosures & repossessions
  • Stops wage garnishments, harassing phone calls, and other collection actions.
  • Resolves IRS issues.

Our clients tell us that the hardest part of filing for bankruptcy was calling an attorney and scheduling the initial appointment.  We recognize the mental, emotional and financial hardship that leads someone to call an attorney. At Dixon & Thompson Law, we’ll do everything in our power to help you through the process in the most stress-free way possible.

Born and raised in Eastern North Carolina, the attorneys at Dixon & Thompson Law give their clients straight-forward advice and quality legal representation. Call us at 252-482-8696 during business hours, or email us anytime.Contact us today to begin your journey toward debt relief!