Pitts, Hay & Hugenschmidt, P.A. Asheville Bankruptcy Attorney

  4.9 – 16 reviews   • Bankruptcy attorney

Pitts, Hay & Hugenschmidt, P.A. Asheville Bankruptcy Attorney 28801

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A top-rated law firm, we have been providing legal services in Western North Carolina since 1974. Edward Hay, Robert Pitts, and Benson Pitts are certified as specialists in Bankruptcy Law by the North Carolina State Bar. Feel free to visit our pages and offer comments. Our firm handles Bankruptcy cases and other debtor / creditor matters. We are a debt relief agency under the Bankruptcy Code.

Appointments: phhlawfirm.com

Hours

SaturdayClosed
SundayClosed
Monday8:30AM–5PM
Tuesday8:30AM–5PM
Wednesday8:30AM–5PM
Thursday8:30AM–5PM
Friday
(Veterans Day)
8:30AM–5PM
Hours might differ

Address and Contact Information

Address: 14 Clayton St suite a, Asheville, NC 28801

Phone: (828) 255-8085

Website: https://phhlawfirm.com/

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Services

Bankruptcy Attorney
Bankruptcy representation
Chapter 11 bankruptcy
Chapter 11 Is a business reorganization case. Business people like, fluorescence, Donald Trump uses a way to restructure their corporate debt. Basically, the plan was filed with the court is voted on by the companies creditors. Once the plan is adopted, it becomes the restructured debt,. Chapter 11 is expensive and time-consuming, and works best for a business which needs printing, but is in the position to pay some of its debt over the long haul.
Chapter 13 bankruptcy
Chapter 13 Works best for debtors to would lose something with a straight bankruptcy, either because the value of the asset seated, José extension, or they were behind with payments on the car or the. Basically, debtor files plan with the court as to how the creditors will be paid, makes a monthly payment to the bankruptcy trustee, who pays their creditors for the. The typical plans five years long. Often times, but I think the chapter 13 case is less than payments for secured creditors going forward. When vanished chapter 13 is that the attorneys fees are included in the monthly payment, so the only advanced payment you make to file chapter 13 is a $310 filing fee for clerk court. Then, beginning 30 days after the filing, the debtor make one payment to the bankruptcy trustee, which typically covers all of the debtor’s debts.
Chapter 7 bankruptcy
The cost of filing for bankruptcy can vary based on a number of factors, including what type of bankruptcy is being filed and the additional legal costs involved. While it is possible to “DIY” a bankruptcy, the complexities of filing appropriate paperwork, working with the trustee or committee, and creating a repayment or restructuring plan can be enormous. Attorneys are a valuable asset in ensuring the best possible outcome for their client. The more complex the type of bankruptcy, the more work is required from the legal team, which is reflected in legal fees.
Bankruptcy Cases
Bankruptcy Cost
The cost of filing for bankruptcy can vary based on a number of factors, including what type of bankruptcy is being filed and the additional legal costs involved. While it is possible to “DIY” a bankruptcy, the complexities of filing appropriate paperwork, working with the trustee or committee, and creating a repayment or restructuring plan can be enormous. Attorneys are a valuable asset in ensuring the best possible outcome for their client. The more complex the type of bankruptcy, the more work is required from the legal team, which is reflected in legal fees.
Bankruptcy Exemptions
Each state has laws that make some types of property off-limited to “unsecured” creditors (creditors with no lien on your property). Credit card and medical bills are the most common types of unsecured debt. These creditors cannot force you to sell exempt property to pay off debts. Even if the creditor wins a judgment against you in court and takes the steps to attach a “judgment lien” to your property, you are still entitled to your exemption amount before sale proceeds are distributed to an unsecured creditor. If you sell your property, the creditor has a right to have its lien paid by the proceeds before you receive anything. If all of your property is protected by exemption laws, you are said to be judgement proof. In this situation, the case is known as a “no asset” bankruptcy. In the state of North Carolina’s exemption system, homeowners may exempt up to $35,000 of their home or other real property covered by the homestead exemption, as well as a $3,500 automobile exemption.
Bankruptcy Lawyer
Bankruptcy Lawyers
Bankruptcy Plan
Chapter 11 Bankruptcy
Chapter 11 Is a business reorganization case. Business people like, fluorescence, Donald Trump uses a way to restructure their corporate debt. Basically, the plan was filed with the court is voted on by the companies creditors. Once the plan is adopted, it becomes the restructured debt,. Chapter 11 is expensive and time-consuming, and works best for a business which needs printing, but is in the position to pay some of its debt over the long haul.
Chapter 12 Bankruptcy
Chapter 12 Is a reorganization case, much like chapter 13, except it is available only to farmers. Their special provisions, which are not included in chapter 13, which gives some flexibility to the farmer debtor, and recognize the different ways that farmers relate to their creditors, including especially banks, and the land.
Chapter 13 Bankruptcy
Chapter 13 Works best for debtors to would lose something with a straight bankruptcy, either because the value of the asset seated, José extension, or they were behind with payments on the car or the. Basically, debtor files plan with the court as to how the creditors will be paid, makes a monthly payment to the bankruptcy trustee, who pays their creditors for the. The typical plans five years long. Often times, but I think the chapter 13 case is less than payments for secured creditors going forward. When vanished chapter 13 is that the attorneys fees are included in the monthly payment, so the only advanced payment you make to file chapter 13 is a $310 filing fee for clerk court. Then, beginning 30 days after the filing, the debtor make one payment to the bankruptcy trustee, which typically covers all of the debtor’s debts.
Chapter 7 Bankruptcy
Chapter 7 , Also known as a “Straight Bankruptcy”, Is what most people think of when they think of bankruptcy cases A.Trustee is appointed to liquidate the assets, and all of the debtor’s debts, with a few exceptions, are discharged. The debtor get to keep what property falls under North Carolina homestead exemption.Oftentimes, people opt to maintain mortgage payments and car payments in order to retain the property secures the solutions.
Consumer Bankruptcy Attorneys
Consumer Bankruptcy Law
Free Consultation
Legal Services
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Last Updates

Quick Fact: Tired of creditors calling? From the time you file a bankruptcy case, no one can contact you for any reason…
Aug 31, 2022
Quick Fact: Many, many bankruptcies are filed to stop foreclosures. So long as the bankruptcy petition is filed…
Aug 30, 2022
There is nothing worse that you can do to your credit than filing a bankruptcy case. For most people, their credit is already…
Aug 29, 2022
Quick Fact: In a Chapter 13 reorganization case, usually, the secured creditors are provided for in the debtor’s pl…
Aug 28, 2022
Quick Fact: The North Carolina Homestead Exemption provides that a debtor may keep $35,000 in equity in rea…
Aug 27, 2022
Quick Fact: In a Chapter 13 or a Chapter 11 case, you are allowed to keep all of your property, since you are…
Aug 26, 2022
There are no eligibility requirements for filing bankruptcy, although generally speaking anyone who cannot…
Aug 25, 2022
Each bankruptcy case is different depending on the amount and type of debt, the value of assets, and the client…
Aug 24, 2022
Bankruptcy is a federal law that permits people to get protection from their creditors in order to get a “fresh start” and preserv…
Aug 23, 2022
The cost of filing for bankruptcy can vary based on a number of factors, including what type of bankruptcy is being filed and…
Aug 22, 2022

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Reviews

Kaycee D
Mr. Hay and his team are exceptionally professional. Each of my questions was answered thoughtfully and patiently, and every detail was covered thoroughly. Mr. Hay could not have made this process any easier. Choosing a lawyer can be a difficult decision and I will always recommend this firm.
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Lauren Malinoff
Mr Hay is extremely knowledgeable and professional. More than that, though, he kept me up to date on my case and took great care in guiding me through a difficult and sometimes confusing process. Mr. Hay and the staff at PHH were always kind, courteous and respectful. I recommend them highly.
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Chee Ammen
Amazing experience working with Attorney Hay! He is extremely knowledgeable, professional, courteous and patient. With his guidance, our procedure had a successful outcome. Highly recommend Attorney Edward C. Hay!
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Melissa Costabile
Bankruptcy can be a very frightening and overwhelming experience. I know first hand. But working with Mr. Pitts and the rest of the team, the process was easy to understand and doable. If you or someone you know is in a position of contemplating bankruptcy, I highly recommend these folks!
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Doug Johnson
I was thrilled with the expertise, and the confidence of Benson Pitts’ office. These people really know what they’re doing, hire them you’ll be in good hands
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Sabara Coleman
Ben is an amazing attorney!
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leslie guffey
Polite, helpful, works on your case.
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Charlene Roberts
Excellent
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holly meister
Five stars!
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Jeremy Terry
… more
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