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Best Bankruptcy Attorneys in Gastonia

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Bell, Davis & Pitt logo
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Bell, Davis & Pitt

227 West Trade Street, Charlotte, NC 28202
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  • Chapter 13 Bankruptcy

Business Description

Bell, Davis & Pitt is a Winston-Salem-based law firm that handles bankruptcy cases in Gastonia. The firm's bankruptcy attorneys have decades of experience in individual and business bankruptcies, representing creditors' committees, debtors-in-possession, institutional lenders, secured and unsecured creditors, trustees, and guarantors. They assist clients in chapter 7 and chapter 13 proceedings and deal with debt restructuring, forbearance agreements, loan modifications, pre-judgment attachment and garnishment, security interest enforcement, and workouts. The firm also deals with governmental law, intellectual property law, and tax law.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.7

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
4.0
Responsiveness
Friendliness
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Detail
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Grier Wright Martinez PA logo
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Grier Wright Martinez PA

521 E. Morehead St. Suite 440, Charlotte, NC 28202
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  • Chapter 7 Bankruptcy
  • Chapter 13 Bankruptcy

Business Description

Grier Wright Martinez PA is a bankruptcy law firm providing legal advice to residents of areas around Gastonia and Charlotte. The firm was established by lawyers Joseph W. Grier Jr. and Joseph W. Grier III in 1984. The lawyers concentrate on all matters of bankruptcy cases including business reorganization, liquidations, and wind-downs. The firm's clients include chapter 7 and chapter 11 bankruptcy trustees and creditor committees. The firm also handles cases related to general transactions and civil litigation.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
4.0
Responsiveness
Friendliness
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Detail
––
Hamilton Stephens Steele + Martin, PLLC logo
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Hamilton Stephens Steele + Martin, PLLC

525 North Tryon Street, Charlotte, NC 28202
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  • Debt Settlement

Business Description

Hamilton Stephens Steele + Martin, PLLC, is a full-service law firm in Gastonia that attends to a broad array of legal issues, including bankruptcy. Established in 2001, the company represents both individual and corporate debtors in chapter 11 bankruptcy proceedings. Bankruptcy lawyers at the firm also represent creditors and creditors' committees in matters related to out-of-court restructuring, crisis management, and insolvency litigations in state and federal courts. The firm's lead bankruptcy lawyer, Glenn C. Thompson, is a co-author of the book "Survival Guide to Bankruptcy for In-House Counsel" which was published by the American Bankruptcy Institute in 2018.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.7

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
Lutz Law Firm logo
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Lutz Law Firm

310 East Graham Street, Shelby, NC 28150
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  • Chapter 7 Bankruptcy
  • Chapter 13 Bankruptcy

Business Description

Lutz Law Firm assists businesses and individuals near Gastonia in managing their debts. Robert Lutz handles bankruptcy cases concentrating on chapters 7, 11, and 13. Before establishing his own bankruptcy law firm, Lutz served as a prosecutor and has over two decades of service in bankruptcy courts. This background helps him in conducting an in-depth analysis of clients' debt and representing them in their petitions and debt payment negotiations with creditors.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Facebook
5.0 / 5 (2)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
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Detail
Taylor Law, PLLC logo
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Taylor Law, PLLC

217 Glenway Street, Belmont, NC 28012
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  • Chapter 7 Bankruptcy
  • Chapter 13 Bankruptcy

Business Description

Taylor Law, PLLC, provides legal services in Gastonia for people with bankruptcy law-related concerns. The firm's bankruptcy lawyer Yansea Taylor handles chapters 7 and 13 for individual consumers and businesses. Taylor also provides consultation services to help her potential clients decide if bankruptcy is the right solution for their current financial situation. She looks into each case to determine which bankruptcy chapter is the most appropriate to file. Once that has been decided, Taylor discusses the whole process with her clients to set their expectations.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.9
Google
4.6 / 5 (42)
Avvo
5.0 / 5 (7)
Facebook
5.0 / 5 (3)

(+1 additional source)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
4.0
Responsiveness
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Helpfulness
Detail
––
The Cummings Law Firm logo
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The Cummings Law Firm

1230 West Morehead Street, Charlotte, NC 28208
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  • Chapter 7 Bankruptcy
  • Chapter 13 Bankruptcy

Business Description

The bankruptcy attorneys of the Cummings Law Firm offer to aid individuals and businesses of Gastonia with debt relief solutions. Whether through liquidation or reorganization, Cummings Law guides clients with determining the best option that applies to their financial circumstances in order to alleviate debt and possibly prevent repossession of a home or vehicle. A firm with over 30 years of experience, Cummings Law also covers other practice areas such as employment discrimination, children's disability, and social security disability.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.1
Google
4.5 / 5 (32)
Avvo
2.0 / 5 (5)
Facebook
5.0 / 5 (1)

(+1 additional source)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
Young, Morphis, Bach & Taylor, LLP logo
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Young, Morphis, Bach & Taylor, LLP

858 2nd Street Northeast, Hickory, NC 28601
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  • Chapter 7 Bankruptcy
  • Chapter 13 Bankruptcy
  • Debt Settlement

Business Description

Young, Morphis, Bach & Taylor, LLP is a multi-practice law firm that offers the counsel and representation of bankruptcy attorneys to clients in Gastonia. The firm aids both individuals and businesses with debt relief solutions by determining the best course of action that fits their financial situation, whether it is through liquidation of assets or reorganization. Young, Morphis, Bach & Taylor also guides clients who may qualify for chapter 12 bankruptcy, specifically for farmers and fishermen.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.4
Google
4.5 / 5 (18)
Avvo
4.0 / 5 (4)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
4.0
Responsiveness
Friendliness
Helpfulness
Detail
––
Back to Providers

Frequently Asked Questions

What does a bankruptcy attorney do?

Bankruptcy attorneys help clients understand whether they qualify for bankruptcy and what their best options are. They also prepare and file petitions, answer questions during the proceedings, and educate clients about potential best steps for a positive bankruptcy outcome. Bankruptcy attorneys might also file motions or paperwork if creditors dispute the bankruptcy, or to stop creditors from taking collections actions forbidden by the bankruptcy.

What happens when you file bankruptcy?

Bankruptcy is a formal process that individuals, married couples, or businesses can enact when they are no longer able to pay creditors. In a bankruptcy proceeding, filers are allowed to reduce debt to more manageable levels to best pay off money owed.

Once the bankruptcy process is initiated, debt collectors can no longer seek repayments outside of the arrangements detailed in the bankruptcy settlement. Some forms of bankruptcy result in the liquidation of assets to pay back debts, while others allow filers to retain most of their possessions and investments. Many types of unsecured debt can be managed with bankruptcy filings, but not all.

Can you file bankruptcy on student loans?

Under most circumstances, student loans aren't dischargeable and aren't included in bankruptcy proceedings. In rare cases, it may be possible to eliminate student loans through bankruptcy, but only if the courts determine that continuing to pay the loans would impose an undue hardship. Meeting the criteria for undue hardship is challenging, and most bankruptcy filers don't qualify.

What is bankruptcy fraud?

Bankruptcy fraud is a blanket term that refers to any kind of dishonest bankruptcy proceeding, which can include:

  • Hiding assets by transferring them to another person or entity
  • Intentionally omitting assets when reporting to the court
  • Destroying or withholding required documents
  • Knowingly making false statements to bankruptcy trustees or creditors

How long is bankruptcy on public record?

How long bankruptcy stays on public record depends on the kind of bankruptcy filing in question. Chapter 7 bankruptcy remains on the record for 10 years as there isn't necessarily a repayment component. Chapter 13 bankruptcy remains on the record for seven years as some obligations are repaid following filing based on the terms of a discharge settlement.

Does bankruptcy clear tax debt?

Bankruptcy can clear tax debt, depending on the circumstances. Taxes are dischargeable under Chapter 7 bankruptcy, not Chapter 13, and only if the tax debt is:

  • Federal income tax debt related to current properly filed tax returns
  • Honestly incurred with no fraud or evasion
  • At least three years old
  • Assessed at least 240 days before bankruptcy filings

Existing liens are not eliminated with bankruptcy.


Can they take my car in Chapter 7 bankruptcy?

In many cases, it's possible to keep a vehicle following Chapter 7 bankruptcy. The Chapter 7 Motor Vehicle Exemption allows filers who own their vehicles outright or who are up to date with payments to keep their cars. However, those behind on making car payments are required to arrange a repayment plan. Otherwise, the vehicle may be repossessed as a part of the proceedings.

How bad is it to file bankruptcy twice?

Although possible, due to the damaging nature of bankruptcy, filing bankruptcy more than once isn't recommended. Filing multiple times puts a serious burden on one's credit report, making it harder to get a loan, buy a house, buy a car, or even open credit cards.

Note that filing for bankruptcy isn't something that can be done at a filer's leisure. There are time limits following bankruptcy cases that dictate when it's permissible to file again. For example, after Chapter 7 bankruptcy, filers must wait at least eight years before filing Chapter 7 again or four years before filing Chapter 13.

Can anyone file bankruptcy?

Anyone can file bankruptcy, but there are limitations regarding which form of bankruptcy is permissible. Qualifying for Chapter 7 requires a means test that evaluates income, debt levels, and income left over each month after paying basic obligations. Income over the median set by the court and monthly income that allows meaningful payments toward unsecured debt can disqualify filers from Chapter 7, which is generally the preferred form of bankruptcy due to the possibility of a full discharge. Anyone can file Chapter 13 bankruptcy, but the terms are less favorable. In most cases, some debts must be repaid following a successful filing. Chapter 13 is also more likely to result in asset forfeiture.

How will bankruptcy affect my credit score?

Bankruptcies are noted on credit reports. How much a bankruptcy might drop a person's credit score depends on how high the score was to begin with, but generally speaking, the hit can be as much as 100 to 200 points. Often scores are already dropping because people filing for bankruptcy may have already missed payments on debts. Chapter 13 bankruptcies are listed on credit reports for seven years from the filing date, while Chapter 7 bankruptcies are listed for 10 years from the filing date. This is because Chapter 13 bankruptcies require at least partial payment of debts owed.

What are the benefits of filing for bankruptcy?

Filing a bankruptcy petition causes an automatic stay. This legally stops creditors from taking further action to collect debt, including garnishing wages or foreclosing on property. Going through a bankruptcy successfully means that debts included in the bankruptcy are discharged and don't have to be paid back, except as provided in a Chapter 13 repayment plan. Bankruptcy can help someone recover from financial duress so they can make better decisions and improve financial situations in the future. Disadvantages can include temporary lower credit scores and limitations on spending and financing.

What's the difference between debt settlement and bankruptcy?

Debt settlement occurs when people negotiate with individual creditors. The creditor agrees to take a payment that's lower than what someone owes and call the debt “paid in full.” Bankruptcy is a legal process that causes debts to be dismissed after someone proves they don't currently have the means to pay their debts as owed. Typically, someone can't enter into bankruptcy and also settle some debts, because the court would see that as favoring one creditor over another.

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