Federal law allows a consumer or business to file for bankruptcy under certain circumstances. Although creditors have the right to repayment of their debt through the bankruptcy process, they often end up with less than the full amount that they…
In North Carolina, as in every other state, there is a law called adverse possession. To promote the actual usage of land, a squatter who has used land for 20 or more years, and meets a long list of requirements,…
Creditors have their own obligations under the law. These requirements may even apply when a consumer fails to uphold their own responsibilities under a sales contract. One restriction is that the creditor cannot take immediate action to seize a security…
A landlord owes certain obligations to a tenant, just like they have certain rights and expectations under the agreement. Not only must a landlord give their tenant certain specific protections under South Carolina landlord-tenant law, but they also have contractual…
When the tenant falls behind in their rent, the law would ordinarily allow the landlord to begin eviction proceedings, in accordance with the procedures outlined in North Carolina law. However, the landlord must be careful if the tenant declares bankruptcy.…
As a landlord in South Carolina, it's crucial to be aware of the potential claims tenants may bring against you under the South Carolina Landlord Tenant Act. Failing to comply with your legal obligations can result in costly disputes and…
Are you a landlord whose tenant has violated the terms of your lease? Are you considering eviction? If so, a lawyer can offer the guidance you need to protect your rights and expedite this complex and often emotionally fraught process.…
If you’re a creditor, the prospect of a debtor filing for bankruptcy in North Carolina can be concerning, raising questions about your ability to recover the money owed to you. However, North Carolina bankruptcy isn’t a one-sided process. Creditors have…
If you’re a South Carolina business owner who is owed money by a customer, the phrase “automatic stay” might evoke concern, especially when you’re anxious about recouping outstanding debts. When a debtor files for bankruptcy in South Carolina, the automatic…
In South Carolina, eviction is a legal process that landlords must navigate carefully to ensure compliance with state law. Before evicting a tenant, you must provide proper notice and an opportunity for the tenant to rectify the situation that prompted…