Raleigh Bankruptcy Law Firm
Debt is a reality for many people. Perhaps you had unexpected medical bills, costly home repairs, or lost a job and turned to credit for relief. Whatever the case, credit and interest can grow fast. Fortunately, bankruptcy is a legal avenue for you to resolve debt when it becomes insurmountable.
Wake Legal & Associates is a bankruptcy law firm in Raleigh, NC. If you live near Raleigh, Durham, Apex, Cary, Morrisville, Wake Forest, or Johnston County, our legal team can help you evaluate your finances and carefully assess your options for getting out of debt. We’ve helped countless individuals and families take control of their financial futures through Chapter 7 and Chapter 13 bankruptcy. Contact us so we can do the same for you.
Call (919) 823-9299 or message us today for a free initial consultation.
Exceptional Customer Service
14+ Years of Experience
Same Day Appointments Available
Do I Need a Bankruptcy Lawyer?
You do not need an attorney to file for the most common forms of bankruptcy, Chapter 7 and Chapter 13. However, cases filed with a lawyer are typically more successful than cases filed without one. This is because bankruptcy is a complicated legal process. You must determine which chapter to file under, identify your state’s exemptions, value your assets, deal with creditors, attend hearings, and present your case to a court-appointed trustee. Small and minor mistakes in any of these steps can lead to setbacks and cause your case to be dismissed.
Experienced bankruptcy attorneys can guide you throughout the entire process. They deal with the federal and state laws that govern bankruptcy every single day. They can evaluate your situation and explain how these laws apply to your unique circumstances.
At Wake Legal & Associates, our bankruptcy lawyer, Attorney Michael Hopper, has practiced for over a decade. He knows what to expect in each phase of the legal process. He can help you determine which type of bankruptcy would be better for you, gather your financial data, file your petition, communicate with creditors and your trustee, prepare for hearings, and more. If you’re considering bankruptcy, we invite you to schedule a free consultation.
You can get in touch with us today by calling (919) 823-9299 or completing our contact form.
BankruptcyFREQUENTLY ASKED QUESTIONS
How do I know if bankruptcy is the right answer for me?That is a personal question that is best answered only after a careful review of your particular financial situation as well as your goals and concerns in this regard. Depending upon the amount of debt you have, whether you have a home and what your income is like, filing for bankruptcy may or may not be the best option for you at this time. By consulting a Raleigh bankruptcy attorney at Wake Legal & Associates, we can help you make the right decision for your future.
Do I need an attorney to file for bankruptcy?It is highly recommended that you work with an attorney if you are considering filing for bankruptcy. Not only can an attorney help you understand your options in this regard, but an attorney can represent you and protect your interests through bankruptcy proceedings in order to ensure they go smoothly and that you reach the best outcome. If handled incorrectly, you may lose your chance to file and will therefore miss the fresh start that you need.
Once the bank has informed me that they’re foreclosing, is there anything I can do?Yes. You still have options even if you’ve received a notice of foreclosure. Contact one of our foreclosure defense lawyers at our firm, and we can explain your options to you. You may be able to undergo a loan modification or short sale, or possibly file for bankruptcy in order to stop or stay foreclosure proceedings.
What is a Chapter 7 bankruptcy?Chapter 7 bankruptcy, also referred to as “liquidation” involves the debtor surrendering his or her property and assets to the bankruptcy court, where they will be liquidated and the proceeds will be used to pay creditors. It is important to note that not all property is subject to liquidation, and not all debts can be discharged through Chapter 7. One of our bankruptcy lawyers can explain this in more detail.
What is a Chapter 13 bankruptcy?Chapter 13 is also referred to as “reorganization” or a “wage earners plan”. Under Chapter 13, the debtor has the chance to reorganize his or her debts and work out a payment plan with the bankruptcy court in order to pay creditors over a period of 3 to 5 years, at the end of which time the debt will be discharged. Again, not all debts are dischargeable and thus it is important to talk to an attorney about your specific situation.
Michael has gone above and beyond what he was required to do in my complex case.
“He is not only a good hearted person, but gets things done quickly and accurately. I would recommend him to anyone.”
Bottom line is that Wake Legal does not drop the wrench when the whistle sounds unless the job is done!
“Michael Hopper represented me through a very difficult time providing sound legal advice and structured guidance through the entire process.”
By the time we called Michael, we were completely desperate.
“I can’t help but wonder if we had gone to another attorney, if he would have remembered our names, let alone the specific circumstances of our particular case. We were lucky to have chosen Michael. You would be lucky too.”
I would definitely recommend Michael to others contemplating bankruptcy, he strives for client satisfaction.
“Michael Hopper and his team made my Bankruptcy experience go as smoothly as possible while remaining totally ethical.”
If you are looking for help you should give them a call.
“I found Wake Legal by doing a Google search to help a family member with a bankruptcy and some other work and was simply amazed at Mr. Hoppers concern and follow through for their entire situation.”
MICHAEL W. HOPPER
Owner / Managing Attorney
Michael W. Hopper is a goal-oriented, determined Raleigh attorney. When Mr. Hopper takes on a new case, it is always his number one priority to thoroughly review the client’s situation and discuss their particular goals in order to help them make the decision that is truly the best for them not just in the short term but in the future as well. Most importantly, he is a caring and compassionate attorney that is dedicated to the needs of his clients. His passion for the law and for people provides him with the unique ability to effectively navigate stressful situations.