Carolinas Creditors Rights Law Blog
Collecting a debt is often not as simple as the debtor paying what they owe in full and on time. A debtor may breach the terms of their agreement and not pay their debt for many reasons. The creditor is...
What Is the Process for Lienholders to Repossess a Vehicle Involved In a Crime In North Carolina?
In North Carolina, a lienholder has the right to repossess a vehicle if it was used in the commission of a crime. The law that establishes lienholder’s rights and motor vehicle repossession is Article 9 of the North Carolina Uniform...
What Is the Landlord Tenant Act?
The South Carolina Residential Landlord and Tenant Act is a set of state laws establishing landlords’ and tenants’ rights and responsibilities in the Palmetto State. It covers issues including the rental agreement, security deposits, rent, repairs, and eviction, among others....
Landlord Minimum Requirements Under the SC Landlord-Tenant Act
The South Carolina Landlord-Tenant Act requires residential landlords to comply with certain provisions with respect to tenants, regardless of what their rental agreements specify. In this blog, the legal team at Crawford & von Keller, LLC reviews the minimum requirements...
What Rights Do I Have as a Landlord in North Carolina?
As a landlord in North Carolina, you must adhere to a certain set of rules to maintain a positive, legal relationship with your tenants. However, North Carolina laws are largely favorable to landlords, which means you also enjoy plenty of...
Which Business Debts Are Discharged in Chapter 7 Bankruptcy?
When a business owner files for bankruptcy, creditors might be concerned about how and what they'll recover for debts owed. Here, we’ll discuss which business debts could be discharged in Chapter 7 bankruptcy and your rights as a creditor. Debts...
Can a Business Survive Chapter 11?
Chapter 11 bankruptcy (“reorganization bankruptcy”), in most instances, allows a business to remain in possession of its assets, continue operations, and in some instances, borrow new money. Affected creditors can vote on the company’s reorganization plan, and the court may...
South Carolina’s Statutory Exemptions for Collections Actions
Collecting money from a debtor that refuses to pay can be challenging, especially in this economic climate. When cash is unavailable, property can sometimes be seized to make good on a debt. However, in South Carolina, certain property, or equity...
What is a Receivership in North Carolina?
In some instances, creditors can recover what they’re owed through a process and procedure called “receivership.” This is a state court process that allows for the preservation of assets and the equitable distribution of an insolvent debtor’s assets. This often...
What Are Some Important Assets That Debtors Commonly Omit from Their Bankruptcy Schedules?
As a creditor, you’ll see hundreds, if not thousands, of people who owe you money file bankruptcy in an attempt to get out from under their debt. This is perfectly legal, of course, but you may believe that you’re losing...