In both 1867 and 1898, Americans were allowed to completely wipe their debts through enacted Bankruptcy Acts, where they could initiate bankruptcy and then have all debts eliminated. Times have changed, with more complexities and less opportunities to completely phase out a debt, though people with debts today are not locked up like they were back in the early 1800s, when people like Robert Morris, who signed the Declaration of Independence, was sent to prison for incurring debts.

Today, though, there are means tests that evaluate a person’s income that must be passed to qualify for Chapter 7 bankruptcy. For Raleigh residents ineligible for Chapter 7, Chapter 13 bankruptcy is an option. These complexities make the importance of selecting the best expert in bankruptcy Raleigh has available paramount.

Almost every bankruptcy Raleigh residents file involves the assistance of a Raleigh bankruptcy attorney, who helps all parties navigate this complex system. A Raleigh bankruptcy lawyer helps clients before filing, during bankruptcy and afterward. He serves as a trusted ally in a situation in which people often are scared and have nowhere else to turn.

Almost every bankruptcy Raleigh residents file also deals with the complexities of job loss, unexpected health conditions and subsequent medical bills, accidents, and divorce. Getting better credit also is listed among the many reasons people seek out the best bankruptcy attorney Raleigh NC offers. Clients still can rebuild their credit after a bankruptcy filing, and the very best bankruptcy attorney Raleigh offers will walk them through it.