If you fall behind on payments to a creditor for an item like a car, they have the right to “repossess” the vehicle. But what does this mean? How does repossession work, what rights do you have, and how can you avoid it? Let’s discuss this subject in more detail now.
If despite your best efforts you weren't able to keep up with your payments, then you can reach out to one of our bankruptcy attorneys. We will guide you through the legal process and help you choose the best option for your needs and financial situation.
At Narron Wenzel, P.A., we are proud of the fact that our Eastern North Carolina clients come to view us over time as professional partners, delivering the crucial legal advice they’ll need to overcome life's most challenging (and often unanticipated) moments.
A contract is a legally-binding document that memorializes the terms of an agreement between two or more parties. Contracts detail everything from what is expected of each party, dates for when obligations will be fulfilled, how the obligations will be satisfied, and the venue for resolving any disputes that may arise.
It may be common practice to come up with a list of resolutions for yourself each year, but this year consider creating a thoughtful list of new year resolutions for your business, too.
The Paycheck Protection Program was closed on August 8th, 2020 leaving many businesses vulnerable to financial difficulty and potential closure.
Chapter 12 of the Bankruptcy Code allows family farmers with regular annual income to reorganize in a preferred way. But what is considered a “family farm”?
There are steps that business owners can take to begin rebuilding their businesses and avoid potential bankruptcy during these challenging times.
Re-opening your business while COVID-19 remains a significant health threat is risky, but the financial ramifications of keeping your business closed may be just as risky. As you prepare to re-open, it is crucial to have a thorough plan. Without a proactive plan to navigate your reopening, you could be blindsided by a legal issue significant enough to take out your business for good.