Learn More About Collections Law in Wake Forest, North Carolina

Wake Forest is a town in Wake County in the U.S. state of North Carolina. Located just north of the state capital, Raleigh, it is the home of the Southeastern Baptist Theological Seminary. The population was 12,588 at the 2000 census. In 2007, the estimated population was 22,324. In 2007, the town was listed by Forbes Magazine as the 20th fastest growing suburb in America, with a 73.2 percent increase in population between 2000 and 2006. Wake Forest was the original home of Wake Forest University for 122 years before it moved to Winston-Salem in 1956.

What is collections law?

Lawyers who practice collections law assist creditors in the collection and satisfaction of outstanding debt, including car loans, student loans, credit cards, judgments, medical debts, mortgage debt, enforcement of rights under liens, and recovery of court-ordered judgments. Debt collections attorneys may also assist clients in repossessing the real and personal property of insolvent debtors.

Personal Bankruptcy and Business Bankruptcy attorneys can advise on debt relief options and guide individuals through each phase of a federal bankruptcy filing.

Answers to collections law issues in North Carolina

What are the different options for bankruptcy?

There are six basic types of bankruptcy cases provided for under the Bankruptcy Code, each of which is discussed...

How can I protect myself from debt collectors?

Laws prohibit debt collectors from using abusive or deceptive tactics to collect a debt. Unfortunately, many...

When can a creditor garnish my wages, place a lien on my house, seize my bank account, or take my tax refund?

For the most part, a creditor must sue you, obtain a court judgment, and then solicit the help of a sheriff or other...

How soon after I miss a house payment will the bank begin foreclosure proceedings?

This varies from state to state and lender to lender, but most lenders don't start foreclosure proceedings until you...