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If your business has fallen on hard times, you’re probably considering various options to cut your losses and protect your interests to the fullest extent possible. Filing for bankruptcy in the US Bankruptcy Court – Eastern District of North Carolina…
When someone is injured in an accident, they can typically file a personal injury lawsuit against the responsible party. But what happens when the victim is killed in the accident? The dead cannot sue. But their estate and heirs can…
Estate planning allows you to decide how your property will be distributed after you die. But what happens when someone dies without a will? In those cases, North Carolina's law of intestate succession takes over and directs the distribution of…
If your loved one passed away in an accident or at the hands of someone else's wrongful actions, you might be able to file a wrongful death lawsuit on their behalf. However, before moving forward and attempting to pursue compensation,…
When North Carolina businesses fail, they typically file for bankruptcy protection. And while some of these struggling firms are corporations or LLCs–business entities that exist separately from their individual owners–many others are sole proprietorships. This means that the individual debtor…
When a small business fails, business owners face a challenging decision of whether or not to file for bankruptcy protection. If you are in this position, it is important to understand the basics of bankruptcy, as well as three types…
Small businesses make up the backbone of the United States economy. The U.S. boasts 28 million small businesses. Compared to the 18,500 large companies headquartered in the U.S., the amount of small companies is proportionately quite large. Furthermore, of the…
