Over 110 5-Star Google Reviews!

(click here to go to our Google Reviews)

(Over 20 years with NO complaints – click here to go to our BBB® page)

Sheree is in the Top 3.9% of ALL Bankruptcy Attorneys. Nationwide (click here to go to NC Bar)

Voted Top Bankruptcy Lawyer in Raleigh for 2022, 2023, & 2024
(Click Link)

Specialist - Raleigh, NC Bankruptcy Attorney

Debt-Free in Ninety Days the Easy Way - for Only $250/Month!

 

 

Bankruptcy In Raleigh,  NC - We are a small, family-run, boutique, "Judgement-Free" bankruptcy law firm based in Raleigh, NC.

Our attorney is a NC Board-Certified Specialist in Consumer Bankruptcy Law, an author of a consumer bankruptcy book, taught Continuing Legal Education (CLE) to other bankruptcy attorneys, and is considered one of the best bankruptcy lawyers in the country. Consumer Bankruptcy is ALL we do, and we do it well and at an affordable price.

We don’t take everybody, but those we do take we treat like family.

Bankruptcy in Raleigh NC

Specialist – Raleigh, NC Bankruptcy Attorney

Debt-Free in Ninety Days the Easy Way – for Only $250/Month!

 

Read More...

“They say money can’t buy happiness, but debt sure can bring plenty of stress. Overwhelming debt can take a toll on your health, finances, and even your relationships.”
– Kerry Cameron

Did you know it takes just 90 days on average for one of our clients to become completely debt-free after a Chapter 7 bankruptcy  – with very little sacrifice?

Fast, Easy, Inexpensive, and Risk-Free Guaranteed!

In the last 20+ years of Sheree & Kerry filing bankruptcies, ALL of their clients who filed Chapter 7 and told the whole truth were successful. All of them. The vast majority were successful in about 90 days. Sheree’s and Kerry’s UNCONDITIONAL GUARANTEE you will be successful as long as you tell the whole truth and follow our instructions or your attorney fee back. This has never been necessary.

The vast majority of our clients lost NOTHING but debt, and those that did, knew so before they filed and filed anyway. They kept their homes, cars, TVs, guns, etc. All in about 90 days!

We want you to feel great about your decision, which is why we offer a 2nd UNCONDITIONAL GUARANTEE! If Sheree and Kerry aren’t the right fit for you, no worries—no hard feelings at all. Whether it’s 3 seconds or 3 days after becoming a client, if you’re not happy, we’re not happy. During that time, if we haven’t filed your case yet, we’ll refund your attorney fee—no questions asked. We just ask for one thing: let us know in writing what we could have done better so we can improve for future clients. That’s it! But honestly, we’re confident you’ll love our service.

This is why Cameron Bankruptcy Law has the best reviews in the State! See for yourself:  http://CameronBankruptcyLawReviews.com 

We don’t take everyone as clients, but those we do take, we treat like family. (We only have time for a limited amount of clients.)

Debt-Free in 90 Days!

That’s right—only 90 days after filing! But the real challenge is coming up with the money to start a Chapter 7 in the first place—because, let’s face it, if you’re broke, it’s tough. That’s why we created our Bankruptcy for only $250/month program. Easy peasy!

Our attorney charges $1,595 for a Chapter 7 bankruptcy, and that’s a big chunk of change for someone already struggling. Not everyone has a relative to loan them that kind of money! – So how??

Here’s the good news: In a Chapter 7 bankruptcy, most types of unsecured debt are completely wiped out—like credit card debt, personal loans, medical bills, repo debt, and more. So, if you’re planning to file for bankruptcy, why keep paying those debts? It’s like throwing your money down the toilet! You can use the money saved for your bankruptcy.

Instead, think about this: This way you can probably save—or find—only $250 a month. That’s all it takes to work toward becoming debt-free! For just $250/month over six months, you can stop paying on most of those unsecured debts and save yourself some stress and bring hope back. And if you can pay more each month, you’ll reach your goal even faster!

While you’re paying the $250/month, you’ll also be getting ready to file. You’ll work on all the paperwork so that when it’s time to file everything is smooth and easy. To make it even easier, Cameron Bankruptcy Law is going AI. This will make it the easiest way to file, period.

Now, here’s something to watch out for: By the second month, your creditors will start calling—sometimes multiple times a day. Don’t worry! If you’re in our $250/month program, we can handle those annoying calls for you after the second month or $500. No more stress!

“But what about my credit?” you might ask. Well, let’s be real—your credit is probably not great right now, or it won’t be soon. That’s why you’re considering bankruptcy, right? The good news is that most of our clients actually see their credit scores go up after filing bankruptcy! That’s because all that debt dragging down their scores gets wiped out. Did you know you can even buy a house just two years after a Chapter 7 bankruptcy—or even during a Chapter 13?

And yes, bankruptcy does stay on your credit report for 7-10 years, but guess what? Bad credit can haunt you for even longer! How long have you already suffered with it?

Here’s a secret: You can actually get a bankruptcy removed from your credit report shortly after it’s discharged. That means future creditors won’t even see it. After you file, reach out to Kerry, and he’ll explain how to do it—or help you find a trusted company to handle it for you.

We don’t want to see you as a client again! That is why all our clients take Credit Counseling and Finacial Management classes as part of their case!

Did you know: We have been where you are at now. Really. We were stuck in a debt-trap through no wrong doing of our own. We were stressed out, and that is where Cameron Bankruptcy Law was born. We were our own first clients. We have learned a lot since that problem 20+ years ago. Let us share that with you. We really do understand you.

We want our offer to be so great you would feel stupid to say no!

Don’t worry, If we don’t think bankruptcy is a good answer to your problems, Kerry will tell you what we think is a better opportunity for you. We want you to be very happy, regardless if you use us. Kerry turns people down daily.

Call Kerry Now! (919) 627-7748

So, what are you waiting for? If you’ve got more questions, Kerry is here to help—available 10 am to 10 pm, 7 days a week. Let’s get you on the road to becoming debt-free! 🚀

Call Kerry Now! (919) 627-7748

Bankruptcy In Raleigh,  NC – We are a small, family-run, boutique, “Judgement-Free” bankruptcy law firm based in Raleigh, NC.

Our attorney is a NC Board-Certified Specialist in Consumer Bankruptcy Law, an author of a consumer bankruptcy book, taught Continuing Legal Education (CLE) to other bankruptcy attorneys, and is considered one of the best bankruptcy lawyers in the country. Consumer Bankruptcy is ALL we do, and we do it well and at an affordable price.

We don’t take everybody, but those we do take we treat like family.

One-of-a-Kind Bankruptcy Lawyer in Raleigh, NC!

Bankruptcy Raleigh NC Lawyer Sheree Cameron with Kerry

Not filing for bankruptcy can mean you’re missing out on a fresh start that leads to future success.
Get your groove back!

Let Tamara tell you her bankruptcy story…

“OMG, is a Rock Star…” “Between Kerry and Sheree, they both have made this a remarkable experience for me – one that has been reassuring along the way.”

Let Les tell you his bankruptcy story…

“Thank you to Cameron Law for giving me a fresh start I needed to not just getting me back on my feet, but actually move forward.”

Let Rory tell you his bankruptcy story…

“Cameron Law has been terrific for us. We feel a lot more stress-free & it is easier to operate our everyday life.”

Bankruptcy Lawyer Raleigh NC BBB

(click here to go to our Bankruptcy Raleigh NC Google Reviews)

Bankruptcy Lawyer Raleigh NC BBB

(nearly 20 years with NO complaints – click here to go to our BBB® page)

Bankruptcy Book Raleigh Bankruptcy

Sheree Literally Wrote the Book on Bankruptcy. (click here to download)

Bankruptcy Raleigh NC

Sheree is in the Top 3.9% of ALL Bankruptcy Attorneys. Nationwide (click here to go to NC Bar)

Bankruptcy Raleigh NC

We Will BEAT or Match Any Price, Guaranteed.

CREDIT SCORE

Kerry Will Help You Get a 740+ Credit Score.

Sheree and Kerry Cameron

Sheree & Kerry - a Family Run, "Judgement-Free", Law Firm

Bankruptcy Hours of Operation

Open 7 Days a Week (10 am-10 pm) Bankruptcy Raleigh NC

Bankruptcy Payment Plans

Easy Bankruptcy Payment Plans for Bankruptcy Raleigh NC

BankruptcyGuarantee Raleigh NC

Two Bankruptcy Money-Back-Guarantees

what-is-chapter-7-bankruptcy

How Our Consultation Is Different -

If you are struggling with debt, we’re here to help! Our free consultation for bankruptcy in Raleigh, NC is designed to give you clarity and confidence.
Here is how we’ll guide you…

Read More / Read Less

Step 1: Hear Your Story in a “Judgment-Free Zone”

We’ll listen without judgment. Your unique situation matters, and we’ll make sure to understand it fully before recommending a plan.


Step 2: Analyze Your Financial Situation

We’ll take a detailed look at:

  • Your income
  • Your debts
  • Your assets

Step 3: Assess Your Options

We’ll determine what creditors might do and find the best path forward. – For many these solutions include:

  • Do nothing: Sometimes this is truly the best choice!
  • Debt consolidation: Simplify your payments into one manageable plan.
  • Debt settlement/negotiation: Reduce what you owe through negotiation.
  • Business Owners: Deciding if keeping a business is worthwhile, and what to do to let go of a failing business before it drags you under.
  • Bankruptcy options:
    • Chapter 7 Bankruptcy in Raleigh, NC (liquidation of non-exempt assets)
    • Chapter 11 Bankruptcy in Raleigh, NC (reorganization for businesses or high-debt individuals)
    • Chapter 13 Bankruptcy in Raleigh, NC (repayment plan for individuals with a steady income)
    • Filing Pro Se in Raleigh, NC: Guidance on filing bankruptcy without an attorney.

Step 4: Bankruptcy Guidance Tailored to Raleigh, NC

We’ll teach you how to navigate bankruptcy effectively:

  • Planning for bankruptcy
  • Managing assets, income, and debts during bankruptcy
  • Detailed, step-by-step instructions for filing bankruptcy in Raleigh, NC

Step 5: Find Additional Support

If we can’t help you directly, we’ll connect you with a trusted, judgment-free, 5-star organization in Raleigh, NC to guide you.


Bankruptcy in Raleigh, NC: Take the First Step Today

Navigating debt can be overwhelming, but you don’t have to do it alone. Our consultation for bankruptcy in Raleigh, NC will empower you to make the right decision with confidence.

Contact us today and take control of your financial future!

what-is-chapter-7-bankruptcy

12 Things You Are Losing by Delaying Filing Bankruptcy in Raleigh, NC?

Bad credit can make everything more expensive and lead to missed opportunities, affecting everything from housing to jobs, and even health. For those struggling with debt, Bankruptcy in Raleigh, NC could be a smart way…

Read More / Read Less

…to get back on track and break the cycle of financial stress. Here’s a closer look at the true cost of bad credit, plus how filing for bankruptcy can provide financial relief and a fresh start.

How Bad Credit Costs You Money (And How Bankruptcy in Raleigh, NC Can Help!)

  1. High-Interest Rates on Loans and Credit Cards
    • Why It Hurts: Bad credit means lenders see you as a risk, so they charge higher interest. This adds up, especially with credit cards and loans for big purchases like a car or house.
    • Average Cost: A $10,000 loan at a higher rate could cost $5,000 to $7,500 more in interest over five years! If you make only the minimum payments on a $10,000 credit card balance at 29% interest over 20 years, you would pay approximately $82,207 in total, and after 20 years, you would still have a remaining balance of about $27,126.
    • How Bankruptcy in Raleigh, NC Can Help: Filing bankruptcy with Cameron Bankruptcy Law can wipe out high-interest debt, freeing up income and helping you qualify for lower interest rates.
  2. Difficulty Getting Approved for Loans or Credit Cards
    • Why It Hurts: Low credit scores make it harder to get approved for loans or credit cards. People with bad credit often have to rely on costly payday loans in emergencies.
    • Average Cost: Each payday loan can rack up to $1,000 in fees per loan cycle!
    • How Bankruptcy in Raleigh, NC Can Help: Bankruptcy with Cameron Bankruptcy Law clears old debt, improving your credit-to-debt ratio so you’re more likely to qualify for affordable credit in the future.
  3. Higher Costs to Rent Apartments
    • Why It Hurts: Landlords generally check credit scores. With bad credit, you might needa larger deposit, or worse, might be turned down for housing. They can also raise your rent due to bad credit.
    • Average Cost: Higher deposits can cost an extra $3,000 to $4,500 upfront on a $1,500 per month rental.
    • How Bankruptcy in Raleigh, NC Can Help: Bankruptcy with Cameron Bankruptcy Law improves your credit over time, helping you avoid extra fees and get better rental options.
  4. Expensive Mortgage Rates
    • Why It Hurts: Low credit scores lead to higher mortgage rates, making home ownership much more expensive over the long term. If your credit is too bad you will get turned down!
    • Average Cost: For a $200,000 mortgage, paying a higher interest rate could mean $80,000 to $100,000 more than someone with good credit over the life of the loan.
    • How Bankruptcy in Raleigh, NC Can Help: Filing bankruptcy with Cameron Bankruptcy Law can improve your credit, so you’re more likely to qualify for a lower mortgage rate.
  5. Higher Car Loan Costs
    • Why It Hurts: Bad credit impacts car loans too, leading to higher monthly payments and even fewer financing options.
    • Average Cost: Paying a higher interest rate on a car loan could cost an extra $10,000 to $15,000 over 20 years for multiple cars.
    • Bad credit can also force you to buy cars for even twice what they are worth form car lots!
    • How Bankruptcy in Raleigh, NC Can Help: Bankruptcy with Cameron Bankruptcy Law can reduce debt and improve credit, helping you qualify for lower car loan rates.
  6. Increased Insurance Premiums
    • Why It Hurts: Insurance companies sometimes charge higher premiums for people with poor credit scores.
    • Average Cost: Higher premiums could cost $240 to $600 more per year, adding up to $4,800 to $12,000 over 20 years.
    • How Bankruptcy in Raleigh, NC Can Help: With Cameron Bankruptcy Law you can have improved credit post-bankruptcy can lower your insurance premiums, saving you money every month.
  7. Limited Job Opportunities Due to Poor Credit
    • Why It Hurts: Many employers check credit scores as part of the hiring process, especially in finance or security sectors. Low scores may hurt or eliminate your chances of getting the job.
    • Average Cost: Missing out on higher-paying jobs could cost $10,000 to $60,000 per year, or $200,000 to $1,200,00,000 over 20 years.
    • How Bankruptcy in Raleigh, NC Can Help: By filing bankruptcy with Cameron Bankruptcy Law and improving your credit, you can access better job opportunities and grow your income.
  8. Extra Deposits for Utilities and Services
    • Why It Hurts: Utility companies often require larger deposits from those with low credit scores.
    • Average Cost: Extra deposits for essential services could add up to $900 to $1,500 each time you move.
    • How Bankruptcy in Raleigh, NC Can Help: Filing bankruptcy with Cameron Bankruptcy Law can improve credit scores, making it easier and cheaper to set up utilities.
  9. Harder to Start a Business
    • Why It Hurts: Bad credit can prevent you from getting business loans, which limits your ability to start or grow a business.
    • Average Cost: Missing the chance to start a business could mean $50,000 to $100,000 in lost income over several years.
    • How Bankruptcy in Raleigh, NC Can Help: Bankruptcy clears debt, improving your credit and opening doors for future business funding.
  10. Limited Financial Safety Net
    • Why It Hurts: Bad credit means fewer options for borrowing in emergencies, which can lead to costly payday loans or debt.
    • Average Cost: High-fee loans could cost $20,000 to $60,000 over 20 years.
    • How Bankruptcy in Raleigh, NC Can Help: Bankruptcy, with Cameron Bankruptcy Law, can give you a fresh start, allowing you to save for emergencies rather than relying on costly credit.
  11. Debt Consolidation Costs
    • Why It Hurts: Higher rates on consolidation loans mean more money spent on interest, even if you’re trying to manage debt.
    • Average Cost: High consolidation rates could cost $5,000 extra over five years.
    • How Bankruptcy in Raleigh, NC Can Help: Bankruptcy helps clear or reduce debts, eliminating the need for high-interest debt consolidation.
  12. Health Issues from Financial Stress
    • Why It Hurts: Financial stress can lead to health issues, like anxiety and heart disease, increasing medical costs.
    • Average Cost: This stress can easily add $20,000 to $60,000 in healthcare costs over 20 years.
    • How Bankruptcy in Raleigh, NC Can Help: Reducing debt through bankruptcy can relieve stress, improving health and productivity. Cameron Bankruptcy Law can help.
  13. Limited Travel and Moving Options
    • Why It Hurts: Bad credit can make it hard to rent a car, book hotels, or relocate, adding extra costs and restrictions.
    • Average Cost: These limitations can add $10,000 to $30,000 in fees and lost opportunities over 20 years.
    • How Bankruptcy in Raleigh, NC Can Help: Bankruptcy can improve credit, giving you more travel and relocation freedom.
  14. Difficulty Improving Credit Without Help
    • Why It Hurts: Bad credit can be tough to break without affordable credit tools or guidance.
    • Average Cost: Difficulty improving credit can cost $10,000 or more in lost opportunities.
    • How Bankruptcy in Raleigh, NC Can Help: Bankruptcy resets your finances, making it easier to start fresh and build positive credit.

Total Potential Average Loss from Bad Credit: 1-2 MILLION Over 20 Years

Choosing Bankruptcy in Raleigh, NC Could be the Right Move

Bad credit costs more than you might think. Bankruptcy in Raleigh, NC could be the first step toward a brighter financial future. It allows you to reset your finances, eliminate high-interest debt, and improve your credit score, helping you save money on everything from interest rates to job opportunities. At Cameron Bankruptcy Law, we’re here to help you understand your options and guide you toward financial freedom. Don’t wait to make the change—reach out to explore how bankruptcy in Raleigh, NC can put you on a path to financial security!

10 am – 10 pm, 7 days a week – (919) 627-7748

 Click here for a free, no-pressure consultation

 

what-is-chapter-7-bankruptcy

How Our Consultation Is Different -

If you are struggling with debt, we’re here to help! Our free consultation for bankruptcy in Raleigh, NC is designed to give you clarity and confidence.
Here is how we’ll guide you…

Read More / Read Less

Step 1: Hear Your Story in a “Judgment-Free Zone”

We’ll listen without judgment. Your unique situation matters, and we’ll make sure to understand it fully before recommending a plan.


Step 2: Analyze Your Financial Situation

We’ll take a detailed look at:

  • Your income
  • Your debts
  • Your assets

Step 3: Assess Your Options

We’ll determine what creditors might do and find the best path forward. – For many these solutions include:

  • Do nothing: Sometimes this is truly the best choice!
  • Debt consolidation: Simplify your payments into one manageable plan.
  • Debt settlement/negotiation: Reduce what you owe through negotiation.
  • Business Owners: Deciding if keeping a business is worthwhile, and what to do to let go of a failing business before it drags you under.
  • Bankruptcy options:
    • Chapter 7 Bankruptcy in Raleigh, NC (liquidation of non-exempt assets)
    • Chapter 11 Bankruptcy in Raleigh, NC (reorganization for businesses or high-debt individuals)
    • Chapter 13 Bankruptcy in Raleigh, NC (repayment plan for individuals with a steady income)
    • Filing Pro Se in Raleigh, NC: Guidance on filing bankruptcy without an attorney.

Step 4: Bankruptcy Guidance Tailored to Raleigh, NC

We’ll teach you how to navigate bankruptcy effectively:

  • Planning for bankruptcy
  • Managing assets, income, and debts during bankruptcy
  • Detailed, step-by-step instructions for filing bankruptcy in Raleigh, NC

Step 5: Find Additional Support

If we can’t help you directly, we’ll connect you with a trusted, judgment-free, 5-star organization in Raleigh, NC to guide you.


Bankruptcy in Raleigh, NC: Take the First Step Today

Navigating debt can be overwhelming, but you don’t have to do it alone. Our consultation for bankruptcy in Raleigh, NC will empower you to make the right decision with confidence.

Contact us today and take control of your financial future!

what-is-chapter-7-bankruptcy

12 Things You Are You Losing by Delaying Filing Bankruptcy in Raleigh, NC?

Bad credit can make everything more expensive and lead to missed opportunities, affecting everything from housing to jobs, and even health. For those struggling with debt, Bankruptcy in Raleigh, NC could be a smart way…

Read More / Read Less

…to get back on track and break the cycle of financial stress. Here’s a closer look at the true cost of bad credit, plus how filing for bankruptcy can provide financial relief and a fresh start.

How Bad Credit Costs You Money (And How Bankruptcy in Raleigh, NC Can Help!)

  1. High-Interest Rates on Loans and Credit Cards
    • Why It Hurts: Bad credit means lenders see you as a risk, so they charge higher interest. This adds up, especially with credit cards and loans for big purchases like a car or house.
    • Average Cost: A $10,000 loan at a higher rate could cost $5,000 to $7,500 more in interest over five years! If you make only the minimum payments on a $10,000 credit card balance at 29% interest over 20 years, you would pay approximately $82,207 in total, and after 20 years, you would still have a remaining balance of about $27,126.
    • How Bankruptcy in Raleigh, NC Can Help: Filing bankruptcy with Cameron Bankruptcy Law can wipe out high-interest debt, freeing up income and helping you qualify for lower interest rates.
  2. Difficulty Getting Approved for Loans or Credit Cards
    • Why It Hurts: Low credit scores make it harder to get approved for loans or credit cards. People with bad credit often have to rely on costly payday loans in emergencies.
    • Average Cost: Each payday loan can rack up to $1,000 in fees per loan cycle!
    • How Bankruptcy in Raleigh, NC Can Help: Bankruptcy with Cameron Bankruptcy Law clears old debt, improving your credit-to-debt ratio so you’re more likely to qualify for affordable credit in the future.
  3. Higher Costs to Rent Apartments
    • Why It Hurts: Landlords generally check credit scores. With bad credit, you might needa larger deposit, or worse, might be turned down for housing. They can also raise your rent due to bad credit.
    • Average Cost: Higher deposits can cost an extra $3,000 to $4,500 upfront on a $1,500 per month rental.
    • How Bankruptcy in Raleigh, NC Can Help: Bankruptcy with Cameron Bankruptcy Law improves your credit over time, helping you avoid extra fees and get better rental options.
  4. Expensive Mortgage Rates
    • Why It Hurts: Low credit scores lead to higher mortgage rates, making home ownership much more expensive over the long term. If your credit is too bad you will get turned down!
    • Average Cost: For a $200,000 mortgage, paying a higher interest rate could mean $80,000 to $100,000 more than someone with good credit over the life of the loan.
    • How Bankruptcy in Raleigh, NC Can Help: Filing bankruptcy with Cameron Bankruptcy Law can improve your credit, so you’re more likely to qualify for a lower mortgage rate.
  5. Higher Car Loan Costs
    • Why It Hurts: Bad credit impacts car loans too, leading to higher monthly payments and even fewer financing options.
    • Average Cost: Paying a higher interest rate on a car loan could cost an extra $10,000 to $15,000 over 20 years for multiple cars.
    • Bad credit can also force you to buy cars for even twice what they are worth form car lots!
    • How Bankruptcy in Raleigh, NC Can Help: Bankruptcy with Cameron Bankruptcy Law can reduce debt and improve credit, helping you qualify for lower car loan rates.
  6. Increased Insurance Premiums
    • Why It Hurts: Insurance companies sometimes charge higher premiums for people with poor credit scores.
    • Average Cost: Higher premiums could cost $240 to $600 more per year, adding up to $4,800 to $12,000 over 20 years.
    • How Bankruptcy in Raleigh, NC Can Help: With Cameron Bankruptcy Law you can have improved credit post-bankruptcy can lower your insurance premiums, saving you money every month.
  7. Limited Job Opportunities Due to Poor Credit
    • Why It Hurts: Many employers check credit scores as part of the hiring process, especially in finance or security sectors. Low scores may hurt or eliminate your chances of getting the job.
    • Average Cost: Missing out on higher-paying jobs could cost $10,000 to $60,000 per year, or $200,000 to $1,200,00,000 over 20 years.
    • How Bankruptcy in Raleigh, NC Can Help: By filing bankruptcy with Cameron Bankruptcy Law and improving your credit, you can access better job opportunities and grow your income.
  8. Extra Deposits for Utilities and Services
    • Why It Hurts: Utility companies often require larger deposits from those with low credit scores.
    • Average Cost: Extra deposits for essential services could add up to $900 to $1,500 each time you move.
    • How Bankruptcy in Raleigh, NC Can Help: Filing bankruptcy with Cameron Bankruptcy Law can improve credit scores, making it easier and cheaper to set up utilities.
  9. Harder to Start a Business
    • Why It Hurts: Bad credit can prevent you from getting business loans, which limits your ability to start or grow a business.
    • Average Cost: Missing the chance to start a business could mean $50,000 to $100,000 in lost income over several years.
    • How Bankruptcy in Raleigh, NC Can Help: Bankruptcy clears debt, improving your credit and opening doors for future business funding.
  10. Limited Financial Safety Net
    • Why It Hurts: Bad credit means fewer options for borrowing in emergencies, which can lead to costly payday loans or debt.
    • Average Cost: High-fee loans could cost $20,000 to $60,000 over 20 years.
    • How Bankruptcy in Raleigh, NC Can Help: Bankruptcy, with Cameron Bankruptcy Law, can give you a fresh start, allowing you to save for emergencies rather than relying on costly credit.
  11. Debt Consolidation Costs
    • Why It Hurts: Higher rates on consolidation loans mean more money spent on interest, even if you’re trying to manage debt.
    • Average Cost: High consolidation rates could cost $5,000 extra over five years.
    • How Bankruptcy in Raleigh, NC Can Help: Bankruptcy helps clear or reduce debts, eliminating the need for high-interest debt consolidation.
  12. Health Issues from Financial Stress
    • Why It Hurts: Financial stress can lead to health issues, like anxiety and heart disease, increasing medical costs.
    • Average Cost: This stress can easily add $20,000 to $60,000 in healthcare costs over 20 years.
    • How Bankruptcy in Raleigh, NC Can Help: Reducing debt through bankruptcy can relieve stress, improving health and productivity. Cameron Bankruptcy Law can help.
  13. Limited Travel and Moving Options
    • Why It Hurts: Bad credit can make it hard to rent a car, book hotels, or relocate, adding extra costs and restrictions.
    • Average Cost: These limitations can add $10,000 to $30,000 in fees and lost opportunities over 20 years.
    • How Bankruptcy in Raleigh, NC Can Help: Bankruptcy can improve credit, giving you more travel and relocation freedom.
  14. Difficulty Improving Credit Without Help
    • Why It Hurts: Bad credit can be tough to break without affordable credit tools or guidance.
    • Average Cost: Difficulty improving credit can cost $10,000 or more in lost opportunities.
    • How Bankruptcy in Raleigh, NC Can Help: Bankruptcy resets your finances, making it easier to start fresh and build positive credit.

Total Potential Average Loss from Bad Credit: 1-2 MILLION Over 20 Years

Choosing Bankruptcy in Raleigh, NC Could be the Right Move

Bad credit costs more than you might think. Bankruptcy in Raleigh, NC could be the first step toward a brighter financial future. It allows you to reset your finances, eliminate high-interest debt, and improve your credit score, helping you save money on everything from interest rates to job opportunities. At Cameron Bankruptcy Law, we’re here to help you understand your options and guide you toward financial freedom. Don’t wait to make the change—reach out to explore how bankruptcy in Raleigh, NC can put you on a path to financial security!

10 am – 10 pm, 7 days a week – (919) 627-7748

 Click here for a free, no-pressure consultation

 

bankruptcy attorney in raleigh nc

Stress, Anxiety & Depression

Cameron Bankruptcy Law can help. Here at Cameron Bankruptcy Law, we see a lot of mental distress over debt. Having low credit can lead to ongoing “cost anxiety”, impacting mental health, quality of life, divorce and even contributing to feelings of depression….

Read More / Read Less

For some, exploring options like bankruptcy in Raleigh, NC becomes a way to manage overwhelming debt and reset financially. Here’s a closer look at how low credit can affect different areas of life:

1. Strain on Relationships

  • Why It Hurts: Financial stress can lead to relationship conflicts, especially when partners have shared financial goals or debt.
  • Average Cost: The cost of counseling or even separation due to financial stress could total $5,000 to $10,000. Finances are the #1 reason for divorce.
  • How Bankruptcy in Raleigh, NC Can Help: Bankruptcy can ease financial pressure, making it easier to focus on positive family goals. Bankruptcy saves more marriages than counseling!

2. Mental Health Effects

  • Increased Stress and Anxiety: Constant worry about finances due to limited options and high costs creates ongoing stress. This “credit-related stress” can make everyday financial decisions feel overwhelming, leading some to consider options like bankruptcy in Raleigh, NC for relief.
  • Lower Self-Esteem and Confidence: Dealing with credit struggles can lead to feelings of shame or embarrassment, impacting self-esteem. Facing financial difficulties day after day can make people feel isolated or inadequate, making it even harder to take positive steps.
  • Depression Risk: Persistent financial stress and a lack of control over one’s financial future can contribute to depression. This may lead to a lack of motivation to tackle debt, reinforcing the feeling of being “stuck” in a difficult financial situation.

2. Quality of Life

  • Limited Lifestyle Choices: Low credit means paying higher interest rates, making financing options like cars or housing more expensive or even impossible. For some, bankruptcy in Raleigh, NC becomes a necessary step to remove barriers and create a fresh financial start.
  • Restricted Access to Housing or Job Opportunities: Low credit can impact access to housing rentals, financing for education, or even job applications. These barriers restrict one’s ability to improve life circumstances, creating feelings of helplessness or frustration.
  • Tension in Relationships: Financial struggles can cause stress in personal relationships, leading to misunderstandings, frustration, or arguments. By considering debt relief options, including bankruptcy, individuals may find relief from this pressure, leading to healthier relationships.

3. Cost of Anxiety

  • High Cost of Borrowing and Hidden Fees: Low credit means higher interest rates and extra fees, like security deposits or insurance premiums. This can make daily budgeting a challenge, causing anxiety about future expenses and the feeling of never catching up.
  • Fear of Financial Mistakes: Making decisions with limited financial options adds pressure, creating fear of spending mistakes. This constant worry can lead to “decision paralysis,” where even simple spending choices feel risky or stressful.
  • Emergency Vulnerability: Limited credit reduces options for emergency funding, creating a sense of vulnerability and insecurity about handling unexpected expenses. Some people consider bankruptcy in Raleigh, NC to relieve debt stress and regain financial stability.

4. Depression and Its Effects

  • The combination of financial stress, limited choices, and cost anxiety can lead to depression. This depression often creates a cycle, where the energy to tackle debt or rebuild credit is low, and motivation to improve the situation wanes. Depression can also reduce the quality of life, affect personal relationships, and make planning for the future feel overwhelming.

Considering Bankruptcy as a Way Forward

For individuals facing financial hardship, Cameron Bankruptcy Law may provide relief by eliminating debt or restructuring payments, offering a path toward rebuilding credit and mental peace. Filing Bankruptcy in Raleigh, NC with a professional can help determine if this is a suitable option, creating a fresh start and reducing cost anxiety, depression, and stress in the long term.

10 am – 10 pm, 7 days a week – (919) 627-7748

 Click here for a free, no-pressure consultation

Bible and Bankruptcy

The Bible, the Constitution & Bankruptcy

My name is Kerry Cameron here in Raleigh. As a missionary’s and preacher’s kid, I remember the countless hours my dad spent counseling couples facing marital struggles…

Read More / Read Less

Sometimes those sessions brought healing, but other times the challenges were too much to overcome.

One of the biggest roadblocks I’ve seen is financial stress. When people are weighed down by financial burdens, it impacts every part of their lives: their faith, relationships, and ability to serve others.

The Impact of Financial Problems

Financial troubles often lead to:

  • Stress and Anxiety
  • Communication Breakdowns
  • Erosion of Trust
  • Loss of Intimacy
  • Blame and Resentment
  • Unmet Life Goals

Sometimes it’s overspending. Other times it’s a lack of budgeting knowledge or even life’s unexpected disasters. Whatever the cause, financial burdens can spiral into bigger issues, leaving families struggling and hurting.

A Solution with Biblical Roots

The Bible offers incredible wisdom about debt and finances. Too often we focus on the “PAY YOUR DEBTS”.  The Bible acknowledges the importance of paying debts when possible but also emphasizes mercy and forgiveness.

The Sabbatical Year and Debt Forgiveness

In the Old Testament, the Sabbatical Year, or the “Year of Release,” was a commandment to cancel debts every seven years:

Deuteronomy 15:1-2, “At the end of every seven years, you must cancel debts. This is how it is to be done: Every creditor shall cancel any loan they have made.…”

This practice ensured that individuals were not perpetually trapped in a cycle of debt. It served as a societal reset, promoting economic stability and equality. Modern law mirrors this concept by allowing individuals and businesses to discharge their debts under structured legal procedures.

The Year of Jubilee (Leviticus 25:8-13)

The Year of Jubilee, observed every 50 years, mandated the return of land to original owners and the release of indentured servants. This ensured that no family or individual faced generational poverty due to debt. The Jubilee reflects the Biblical values of mercy, fairness, and societal balance.

Compassion for the Poor and Indebted

Throughout the Bible, there is a consistent theme of compassion toward the poor and indebted:

  • Matthew 6:12 – As Christians, we are taught to pray, “forgive us our debts as we forgive our debtors.”
  • Proverbs 22:7 warns that “the borrower is slave to the lender,” emphasizing the need for fair treatment of debtors.
  • Luke 7:42 – “When they had nothing with which to repay, he freely forgave them….”
  • Exodus 22:25 – “If you lend money to any of my people with you who is poor, you shall not be like a moneylender to him, and you shall not exact interest from him….”

This idea of forgiveness is at the core of both Scripture and bankruptcy.

Bankruptcy as a Reflection of Christ’s Sacrifice

Bankruptcy is, in many ways, a precursor to Christ’s ultimate act of forgiveness. Just as bankruptcy forgives financial debts too large to repay, Jesus forgives the spiritual debt we could never repay. Through His sacrifice on the cross, we are given a fresh start.

Seek Wisdom in Bankruptcy Decisions

Ultimately, the Bible teaches us to seek God’s wisdom when making decisions about bankruptcy.

  • James 1:5 – “If any of you lacks wisdom, let him ask of God, who gives to all liberally and without reproach, and it will be given to him.”
  • Jeremiah 29:11 – “For I know the plans I have for you,” says the Lord. “Plans for good and not for evil. To give you a future and a hope.”

These teachings encourage a system where debt relief is not merely a financial act but a moral and societal obligation. The Bible consistently calls for compassion for the indebted.


God’s Way is Also in the US Constitution

The framers of the U.S. Constitution recognized the importance of debt relief and incorporated provisions to address it based on Scripture. Their ideas were influenced by their personal experiences with debtors’ prisons and the economic challenges of post-revolutionary America.

Article I, Section 8, Clause 4 – The U.S. Constitution explicitly grants Congress the power to establish uniform bankruptcy laws:

“The Congress shall have Power [to]… establish… uniform Laws on the subject of Bankruptcies throughout the United States.”

This clause reflects the framers’ commitment to ensuring economic fairness and preventing interstate conflicts over debt laws. By making bankruptcy a federal matter, the Constitution sought to create a uniform system that promoted commerce, protected creditors, and provided relief for debtors.

Framers’ Intent

During the Constitutional Convention, figures like Alexander Hamilton and James Madison emphasized the need for a national approach to bankruptcy through their personal experience. They sought to avoid the harsh debtors’ prisons of Europe and promote economic recovery. This aligned with the moral values found in the Bible, advocating for a system where debtors could find relief without perpetual punishment.

Bankruptcy and Economic Growth

The inclusion of bankruptcy in the Constitution wasn’t just about debt relief; it was also about fostering economic growth. The framers understood that a fair system of debt forgiveness could encourage entrepreneurship and innovation. Just as the Bible promoted societal resets, the Constitution envisioned bankruptcy as a way to reintegrate individuals into the economy.

The Constitution echoes these principles, granting Congress the power to establish fair bankruptcy laws. Figures like Alexander Hamilton saw bankruptcy as a way to promote growth and prevent undue hardship, aligning with biblical values of mercy and justice.

A Fresh Start

Even modern examples, like former and future President Donald Trump, show how bankruptcy can lead to renewal. President Trump has filed bankruptcy six times. While we don’t recommend multiple filings, a single bankruptcy can offer life-changing relief for those burdened by financial struggles.

Why Cameron Bankruptcy Law?

We’re a local family-owned firm with a heart for helping people. With the best Google reviews for bankruptcy, (over 110) in North Carolina and an “A+” rating from BBB, we’ve earned the trust of countless clients by treating them with respect, compassion, and integrity.

10 am – 10 pm, 7 days a week – (919) 627-7748

 Click here for a free, no-pressure consultation

bankruptcy attorney in raleigh nc

Stress, Anxiety & Depression

Cameron Bankruptcy Law can help. Here at Cameron Bankruptcy Law, we see a lot of mental distress over debt. Having low credit can lead to ongoing “cost anxiety”, impacting mental health, quality of life, divorce and even contributing to feelings of depression….

Read More / Read Less

For some, exploring options like bankruptcy in Raleigh, NC becomes a way to manage overwhelming debt and reset financially. Here’s a closer look at how low credit can affect different areas of life:

1. Strain on Relationships

  • Why It Hurts: Financial stress can lead to relationship conflicts, especially when partners have shared financial goals or debt.
  • Average Cost: The cost of counseling or even separation due to financial stress could total $5,000 to $10,000. Finances are the #1 reason for divorce.
  • How Bankruptcy in Raleigh, NC Can Help: Bankruptcy can ease financial pressure, making it easier to focus on positive family goals. Bankruptcy saves more marriages than counseling!

2. Mental Health Effects

  • Increased Stress and Anxiety: Constant worry about finances due to limited options and high costs creates ongoing stress. This “credit-related stress” can make everyday financial decisions feel overwhelming, leading some to consider options like bankruptcy in Raleigh, NC for relief.
  • Lower Self-Esteem and Confidence: Dealing with credit struggles can lead to feelings of shame or embarrassment, impacting self-esteem. Facing financial difficulties day after day can make people feel isolated or inadequate, making it even harder to take positive steps.
  • Depression Risk: Persistent financial stress and a lack of control over one’s financial future can contribute to depression. This may lead to a lack of motivation to tackle debt, reinforcing the feeling of being “stuck” in a difficult financial situation.

2. Quality of Life

  • Limited Lifestyle Choices: Low credit means paying higher interest rates, making financing options like cars or housing more expensive or even impossible. For some, bankruptcy in Raleigh, NC becomes a necessary step to remove barriers and create a fresh financial start.
  • Restricted Access to Housing or Job Opportunities: Low credit can impact access to housing rentals, financing for education, or even job applications. These barriers restrict one’s ability to improve life circumstances, creating feelings of helplessness or frustration.
  • Tension in Relationships: Financial struggles can cause stress in personal relationships, leading to misunderstandings, frustration, or arguments. By considering debt relief options, including bankruptcy, individuals may find relief from this pressure, leading to healthier relationships.

3. Cost of Anxiety

  • High Cost of Borrowing and Hidden Fees: Low credit means higher interest rates and extra fees, like security deposits or insurance premiums. This can make daily budgeting a challenge, causing anxiety about future expenses and the feeling of never catching up.
  • Fear of Financial Mistakes: Making decisions with limited financial options adds pressure, creating fear of spending mistakes. This constant worry can lead to “decision paralysis,” where even simple spending choices feel risky or stressful.
  • Emergency Vulnerability: Limited credit reduces options for emergency funding, creating a sense of vulnerability and insecurity about handling unexpected expenses. Some people consider bankruptcy in Raleigh, NC to relieve debt stress and regain financial stability.

4. Depression and Its Effects

  • The combination of financial stress, limited choices, and cost anxiety can lead to depression. This depression often creates a cycle, where the energy to tackle debt or rebuild credit is low, and motivation to improve the situation wanes. Depression can also reduce the quality of life, affect personal relationships, and make planning for the future feel overwhelming.

Considering Bankruptcy as a Way Forward

For individuals facing financial hardship, Cameron Bankruptcy Law may provide relief by eliminating debt or restructuring payments, offering a path toward rebuilding credit and mental peace. Filing Bankruptcy in Raleigh, NC with a professional can help determine if this is a suitable option, creating a fresh start and reducing cost anxiety, depression, and stress in the long term.

10 am – 10 pm, 7 days a week – (919) 627-7748

 Click here for a free, no-pressure consultation

Bible and Bankruptcy

The Bible, the Constitution & Bankruptcy

My name is Kerry Cameron here in Raleigh. As a missionary’s and preacher’s kid, I remember the countless hours my dad spent counseling couples facing marital struggles…

Read More / Read Less

Sometimes those sessions brought healing, but other times the challenges were too much to overcome.

One of the biggest roadblocks I’ve seen is financial stress. When people are weighed down by financial burdens, it impacts every part of their lives: their faith, relationships, and ability to serve others.

The Impact of Financial Problems

Financial troubles often lead to:

  • Stress and Anxiety
  • Communication Breakdowns
  • Erosion of Trust
  • Loss of Intimacy
  • Blame and Resentment
  • Unmet Life Goals

Sometimes it’s overspending. Other times it’s a lack of budgeting knowledge or even life’s unexpected disasters. Whatever the cause, financial burdens can spiral into bigger issues, leaving families struggling and hurting.

A Solution with Biblical Roots

The Bible offers incredible wisdom about debt and finances. Too often we focus on the “PAY YOUR DEBTS”.  The Bible acknowledges the importance of paying debts when possible but also emphasizes mercy and forgiveness.

The Sabbatical Year and Debt Forgiveness

In the Old Testament, the Sabbatical Year, or the “Year of Release,” was a commandment to cancel debts every seven years:

Deuteronomy 15:1-2, “At the end of every seven years, you must cancel debts. This is how it is to be done: Every creditor shall cancel any loan they have made.…”

This practice ensured that individuals were not perpetually trapped in a cycle of debt. It served as a societal reset, promoting economic stability and equality. Modern law mirrors this concept by allowing individuals and businesses to discharge their debts under structured legal procedures.

The Year of Jubilee (Leviticus 25:8-13)

The Year of Jubilee, observed every 50 years, mandated the return of land to original owners and the release of indentured servants. This ensured that no family or individual faced generational poverty due to debt. The Jubilee reflects the Biblical values of mercy, fairness, and societal balance.

Compassion for the Poor and Indebted

Throughout the Bible, there is a consistent theme of compassion toward the poor and indebted:

  • Matthew 6:12 – As Christians, we are taught to pray, “forgive us our debts as we forgive our debtors.”
  • Proverbs 22:7 warns that “the borrower is slave to the lender,” emphasizing the need for fair treatment of debtors.
  • Luke 7:42 – “When they had nothing with which to repay, he freely forgave them….”
  • Exodus 22:25 – “If you lend money to any of my people with you who is poor, you shall not be like a moneylender to him, and you shall not exact interest from him….”

This idea of forgiveness is at the core of both Scripture and bankruptcy.

Bankruptcy as a Reflection of Christ’s Sacrifice

Bankruptcy is, in many ways, a precursor to Christ’s ultimate act of forgiveness. Just as bankruptcy forgives financial debts too large to repay, Jesus forgives the spiritual debt we could never repay. Through His sacrifice on the cross, we are given a fresh start.

Seek Wisdom in Bankruptcy Decisions

Ultimately, the Bible teaches us to seek God’s wisdom when making decisions about bankruptcy.

  • James 1:5 – “If any of you lacks wisdom, let him ask of God, who gives to all liberally and without reproach, and it will be given to him.”
  • Jeremiah 29:11 – “For I know the plans I have for you,” says the Lord. “Plans for good and not for evil. To give you a future and a hope.”

These teachings encourage a system where debt relief is not merely a financial act but a moral and societal obligation. The Bible consistently calls for compassion for the indebted.


God’s Way is Also in the US Constitution

The framers of the U.S. Constitution recognized the importance of debt relief and incorporated provisions to address it based on Scripture. Their ideas were influenced by their personal experiences with debtors’ prisons and the economic challenges of post-revolutionary America.

Article I, Section 8, Clause 4 – The U.S. Constitution explicitly grants Congress the power to establish uniform bankruptcy laws:

“The Congress shall have Power [to]… establish… uniform Laws on the subject of Bankruptcies throughout the United States.”

This clause reflects the framers’ commitment to ensuring economic fairness and preventing interstate conflicts over debt laws. By making bankruptcy a federal matter, the Constitution sought to create a uniform system that promoted commerce, protected creditors, and provided relief for debtors.

Framers’ Intent

During the Constitutional Convention, figures like Alexander Hamilton and James Madison emphasized the need for a national approach to bankruptcy through their personal experience. They sought to avoid the harsh debtors’ prisons of Europe and promote economic recovery. This aligned with the moral values found in the Bible, advocating for a system where debtors could find relief without perpetual punishment.

Bankruptcy and Economic Growth

The inclusion of bankruptcy in the Constitution wasn’t just about debt relief; it was also about fostering economic growth. The framers understood that a fair system of debt forgiveness could encourage entrepreneurship and innovation. Just as the Bible promoted societal resets, the Constitution envisioned bankruptcy as a way to reintegrate individuals into the economy.

The Constitution echoes these principles, granting Congress the power to establish fair bankruptcy laws. Figures like Alexander Hamilton saw bankruptcy as a way to promote growth and prevent undue hardship, aligning with biblical values of mercy and justice.

A Fresh Start

Even modern examples, like former and future President Donald Trump, show how bankruptcy can lead to renewal. President Trump has filed bankruptcy six times. While we don’t recommend multiple filings, a single bankruptcy can offer life-changing relief for those burdened by financial struggles.

Why Cameron Bankruptcy Law?

We’re a local family-owned firm with a heart for helping people. With the best Google reviews for bankruptcy, (over 110) in North Carolina and an “A+” rating from BBB, we’ve earned the trust of countless clients by treating them with respect, compassion, and integrity.

10 am – 10 pm, 7 days a week – (919) 627-7748

 Click here for a free, no-pressure consultation

Raleigh Bankruptcy Attorney

Bankruptcy Does Not Need To Be Scary!

For many people, the word “bankruptcy” brings to mind images of financial ruin, endless stress, and an uncertain future. But what if I told you that bankruptcy isn’t something to fear?

Read More / Read Less

In fact, it can be one of the most empowering tools to regain control over your financial life. Let’s explore why bankruptcy isn’t as frightening as it seems and how it can offer a fresh start for those in need.

Understanding Bankruptcy

At its core, bankruptcy is a legal process designed to help individuals or businesses who cannot pay their debts. It provides a structured way to either eliminate or reorganize debts, giving people a chance to rebuild their financial lives. Far from being a punishment, bankruptcy is a resource to protect you from spiraling further into financial trouble.

There are two main types of personal bankruptcy in the United States:

  1. Chapter 7: Often called “liquidation bankruptcy,” this process involves selling certain non-exempt assets to pay off creditors. Most unsecured debts, like credit card balances and medical bills, are discharged, meaning you no longer owe them. You can be “Debt-Free” in 90 Days! You can buy a house after two years.
  2. Chapter 13: Known as “debt reorganization,” this type allows you to keep your property while setting up a court-approved repayment plan over three to five years. This can make debts more manageable and prevent foreclosure on your home. You can even sell or buy a house in Chapter 13.

Debunking Common Myths

  1. Myth: Bankruptcy Means Failure Bankruptcy doesn’t mean you’ve failed; it means you’re taking responsibility for your financial situation and seeking a solution. Many successful individuals, including entrepreneurs and celebrities, have filed for bankruptcy and gone on to thrive.
  2. Myth: You’ll Lose Everything In reality, bankruptcy laws include exemptions that allow you to keep essential items like your home, car, and personal belongings. The goal is to help you get back on your feet, not strip you of everything. Most people lose nothing.
  3. Myth: Bankruptcy Destroys Your Credit Forever While bankruptcy does impact your credit score, it’s not permanent. Most people see their credit jump up immediately since it changes the person’s Debt-to-Income Ratio. In fact, clearing your debts through bankruptcy can make you a better credit risk than struggling to make payments you can’t afford.

The Benefits of Bankruptcy

  1. Immediate Relief: Filing for bankruptcy triggers an automatic stay, which halts collection efforts, wage garnishments, and foreclosure proceedings. This gives you breathing room to sort out your finances.
  2. Debt Discharge: Bankruptcy can eliminate overwhelming debts, allowing you to focus on rebuilding rather than drowning in payments.
  3. Financial Reset: It’s a chance to reassess your financial habits, create a budget, and establish a solid foundation for the future.
  4. Emotional Freedom: Living under the weight of unmanageable debt is exhausting. Bankruptcy can alleviate that stress and provide peace of mind.

Taking the First Step

If you’re considering bankruptcy, the first step is to consult with a qualified bankruptcy attorney. They can explain your options, guide you through the process, and help you make an informed decision. Remember, you don’t have to navigate this alone.

Moving Forward

Bankruptcy isn’t the end of the road; it’s a new beginning. By letting go of unmanageable debt, you’re creating space for growth and stability. While the decision to file for bankruptcy is never easy, it’s often the first step toward a brighter financial future.

So, let go of the fear. Bankruptcy isn’t scary—it’s a tool for reclaiming your life and taking back control. With the right mindset and support, you can move forward stronger and wiser than before.

10 am – 10 pm, 7 days a week – (919) 627-7748

 Click here for a free, no-pressure consultation

Bible and Bankruptcy

Chapter 7 and Chapter 13 Bankruptcy: What You Need to Know

When people face overwhelming debt, bankruptcy can offer a fresh financial start. Two common types of bankruptcy available to individuals in the United States are Chapter 7 and Chapter 13. Both serve to help those struggling with debt, but…

Read More / Read Less

…they work differently and are suited for different financial situations. Let’s break down what they are, how they work, and the key differences.


What Is Chapter 7 Bankruptcy?

Chapter 7 bankruptcy is often referred to as a “liquidation” bankruptcy. It is designed for individuals who have limited income and cannot repay their debts.

Here’s how it works:

  • Eligibility: To qualify for Chapter 7, you must pass a “means test,” which compares your income to the median income in your state. If your income is too high, you might not qualify.
  • Liquidation Process: A court-appointed trustee may sell some of your non-exempt assets (like valuable property) to repay creditors. However, many basic assets, such as your home or car, may be protected by exemption laws.
  • Debt Discharge: After the process is complete, most unsecured debts, like credit card bills and medical expenses, are wiped out. However, certain debts, such as student loans, child support, and recent taxes, usually cannot be discharged.

Chapter 7 typically takes a few months from start to finish and provides a relatively quick resolution to debt problems.


What Is Chapter 13 Bankruptcy?

Chapter 13 bankruptcy is known as a “reorganization” bankruptcy. It’s designed for individuals with a regular income who can afford to repay some or all of their debts over time.

Here’s how it works:

  • Eligibility: Chapter 13 is available to individuals with a regular income and unsecured debts below a certain threshold (as of 2024, about $2.75 million combined for unsecured and secured debts).
  • Repayment Plan: Instead of liquidating assets, you create a repayment plan, usually lasting three to five years, to pay back creditors. The amount you pay depends on your income, expenses, and the types of debt you owe.
  • Debt Adjustment: Once you complete the repayment plan, remaining eligible debts may be discharged.

Chapter 13 allows you to keep your property and catch up on missed payments, such as mortgage or car loans, making it a good choice for people trying to avoid foreclosure or repossession.


Key Differences Between Chapter 7 and Chapter 13

Feature Chapter 7 Bankruptcy Chapter 13 Bankruptcy
Type Liquidation Reorganization
Eligibility Means test required Regular income required
Process Length Typically a few months 3-5 years (repayment plan)
Asset Treatment May sell non-exempt assets Keep property, repay debts
Debt Discharge Most unsecured debts wiped Remaining debts discharged after repayment
Good For Low Income & Middle Class individuals People with income to repay some debts

Which One Is Right for You?

Choosing between Chapter 7 and Chapter 13 depends on your financial situation. If you have little income and few assets, Chapter 7 may be the better option. On the other hand, if you have steady income and want to keep your home or car, Chapter 13 might be a better fit.

Bankruptcy is a serious financial decision with long-term consequences, including its impact on your credit score. It’s important to consult with a qualified bankruptcy attorney to understand your options and make the best choice for your situation.


Bankruptcy isn’t the end—it’s a chance for a new financial beginning. By understanding these two types, you’re already on the road to making informed decisions about your financial future.

10 am – 10 pm, 7 days a week – (919) 627-7748

 Click here for a free, no-pressure consultation

Raleigh Bankruptcy Lawyer

Bankruptcy Does Not Need To Be Scary!

For many people, the word “bankruptcy” brings to mind images of financial ruin, endless stress, and an uncertain future. But what if I told you that bankruptcy isn’t something to fear?

Read More / Read Less

In fact, it can be one of the most empowering tools to regain control over your financial life. Let’s explore why bankruptcy isn’t as frightening as it seems and how it can offer a fresh start for those in need.

Understanding Bankruptcy

At its core, bankruptcy is a legal process designed to help individuals or businesses who cannot pay their debts. It provides a structured way to either eliminate or reorganize debts, giving people a chance to rebuild their financial lives. Far from being a punishment, bankruptcy is a resource to protect you from spiraling further into financial trouble.

There are two main types of personal bankruptcy in the United States:

  1. Chapter 7: Often called “liquidation bankruptcy,” this process involves selling certain non-exempt assets to pay off creditors. Most unsecured debts, like credit card balances and medical bills, are discharged, meaning you no longer owe them. You can be “Debt-Free” in 90 Days! You can buy a house after two years.
  2. Chapter 13: Known as “debt reorganization,” this type allows you to keep your property while setting up a court-approved repayment plan over three to five years. This can make debts more manageable and prevent foreclosure on your home. You can even sell or buy a house in Chapter 13.

Debunking Common Myths

  1. Myth: Bankruptcy Means Failure Bankruptcy doesn’t mean you’ve failed; it means you’re taking responsibility for your financial situation and seeking a solution. Many successful individuals, including entrepreneurs and celebrities, have filed for bankruptcy and gone on to thrive.
  2. Myth: You’ll Lose Everything In reality, bankruptcy laws include exemptions that allow you to keep essential items like your home, car, and personal belongings. The goal is to help you get back on your feet, not strip you of everything. Most people lose nothing.
  3. Myth: Bankruptcy Destroys Your Credit Forever While bankruptcy does impact your credit score, it’s not permanent. Most people see their credit jump up immediately since it changes the person’s Debt-to-Income Ratio. In fact, clearing your debts through bankruptcy can make you a better credit risk than struggling to make payments you can’t afford.

The Benefits of Bankruptcy

  1. Immediate Relief: Filing for bankruptcy triggers an automatic stay, which halts collection efforts, wage garnishments, and foreclosure proceedings. This gives you breathing room to sort out your finances.
  2. Debt Discharge: Bankruptcy can eliminate overwhelming debts, allowing you to focus on rebuilding rather than drowning in payments.
  3. Financial Reset: It’s a chance to reassess your financial habits, create a budget, and establish a solid foundation for the future.
  4. Emotional Freedom: Living under the weight of unmanageable debt is exhausting. Bankruptcy can alleviate that stress and provide peace of mind.

Taking the First Step

If you’re considering bankruptcy, the first step is to consult with a qualified bankruptcy attorney. They can explain your options, guide you through the process, and help you make an informed decision. Remember, you don’t have to navigate this alone.

Moving Forward

Bankruptcy isn’t the end of the road; it’s a new beginning. By letting go of unmanageable debt, you’re creating space for growth and stability. While the decision to file for bankruptcy is never easy, it’s often the first step toward a brighter financial future.

So, let go of the fear. Bankruptcy isn’t scary—it’s a tool for reclaiming your life and taking back control. With the right mindset and support, you can move forward stronger and wiser than before.

10 am – 10 pm, 7 days a week – (919) 627-7748

 Click here for a free, no-pressure consultation

Bible and Bankruptcy

Chapter 7 and Chapter 13 Bankruptcy: What You Need to Know

When people face overwhelming debt, bankruptcy can offer a fresh financial start. Two common types of bankruptcy available to individuals in the United States are Chapter 7 and Chapter 13. Both serve to help those struggling with debt, but…

Read More / Read Less

…they work differently and are suited for different financial situations. Let’s break down what they are, how they work, and the key differences.


What Is Chapter 7 Bankruptcy?

Chapter 7 bankruptcy is often referred to as a “liquidation” bankruptcy. It is designed for individuals who have limited income and cannot repay their debts.

Here’s how it works:

  • Eligibility: To qualify for Chapter 7, you must pass a “means test,” which compares your income to the median income in your state. If your income is too high, you might not qualify.
  • Liquidation Process: A court-appointed trustee may sell some of your non-exempt assets (like valuable property) to repay creditors. However, many basic assets, such as your home or car, may be protected by exemption laws.
  • Debt Discharge: After the process is complete, most unsecured debts, like credit card bills and medical expenses, are wiped out. However, certain debts, such as student loans, child support, and recent taxes, usually cannot be discharged.

Chapter 7 typically takes a few months from start to finish and provides a relatively quick resolution to debt problems.


What Is Chapter 13 Bankruptcy?

Chapter 13 bankruptcy is known as a “reorganization” bankruptcy. It’s designed for individuals with a regular income who can afford to repay some or all of their debts over time.

Here’s how it works:

  • Eligibility: Chapter 13 is available to individuals with a regular income and unsecured debts below a certain threshold (as of 2024, about $2.75 million combined for unsecured and secured debts).
  • Repayment Plan: Instead of liquidating assets, you create a repayment plan, usually lasting three to five years, to pay back creditors. The amount you pay depends on your income, expenses, and the types of debt you owe.
  • Debt Adjustment: Once you complete the repayment plan, remaining eligible debts may be discharged.

Chapter 13 allows you to keep your property and catch up on missed payments, such as mortgage or car loans, making it a good choice for people trying to avoid foreclosure or repossession.


Key Differences Between Chapter 7 and Chapter 13

Feature Chapter 7 Bankruptcy Chapter 13 Bankruptcy
Type Liquidation Reorganization
Eligibility Means test required Regular income required
Process Length Typically a few months 3-5 years (repayment plan)
Asset Treatment May sell non-exempt assets Keep property, repay debts
Debt Discharge Most unsecured debts wiped Remaining debts discharged after repayment
Good For Low Income & Middle Class individuals People with income to repay some debts

Which One Is Right for You?

Choosing between Chapter 7 and Chapter 13 depends on your financial situation. If you have little income and few assets, Chapter 7 may be the better option. On the other hand, if you have steady income and want to keep your home or car, Chapter 13 might be a better fit.

Bankruptcy is a serious financial decision with long-term consequences, including its impact on your credit score. It’s important to consult with a qualified bankruptcy attorney to understand your options and make the best choice for your situation.


Bankruptcy isn’t the end—it’s a chance for a new financial beginning. By understanding these two types, you’re already on the road to making informed decisions about your financial future.

10 am – 10 pm, 7 days a week – (919) 627-7748

 Click here for a free, no-pressure consultation

Raleigh, NC Bankruptcy Attorney

Get Your Fresh Financial Start with Bankruptcy In Raleigh, NC

Bankruptcy in Raleigh, NC – Are you struggling with insurmountable debt? Most people’s reactions to their own overwhelming debt are to go to bed, pull the covers over their heads, and not answer their phones. Our Raleigh Bankruptcy Attorney is the answer. At Cameron Bankruptcy Law, we offer personalized bankruptcy services so you can get relief from debt and bring peace of mind back into your life. Through Chapter 7 or Chapter 13 filing, we can help you take back your financial freedom and get back on track to financial success!

Fear of Losing Assets in a Bankruptcy in Raleigh, NC

Bankruptcy Raleigh NCFiling for Chapter 7 bankruptcy in Raleigh, NC is one of the quickest and most affordable ways to hit the reset button on your finances. It usually takes just about 90 days…

Read More / Read Less

…from start to finish! Plus, it opens the door to rebuilding your credit and even buying a car or house sooner than you might expect.

Worried about losing your property? Don’t be! Just because bankruptcy exemptions exist doesn’t mean you’ll lose what’s important to you. In fact, most of our clients in Raleigh keep everything they want to keep. On the rare occasion someone does lose something, it’s always planned in advance, and they’re okay with it. No one is going to come into your house looking to take your things—it’s all handled on paper. Usually, your home and car are completely safe when filing Chapter 7 bankruptcy with Cameron Bankruptcy Law.

Now, let’s talk about Chapter 13 bankruptcy in Raleigh, NC. This option is designed to help you reorganize your debts. Generally, the only thing we’ve seen clients lose in this type of bankruptcy that they didn’t want to is luxury vehicles. Why? The court believes the money spent on a fancy car could be better used to pay your creditors—it’s a fair trade-off. But don’t worry! We’ll help you find a more affordable car that fits your budget.

For everything else, the court is pretty flexible. As long as you can manage your secured debts, you’re in good shape. The goal of the Trustee in a Chapter 13 bankruptcy is to ensure you’re paying back creditors as much as you can reasonably afford—no more, no less.

At Cameron Bankruptcy Law, we’re here to guide you every step of the way so you can feel confident and get back on track!

Legal and Financial Complexity of a Bankruptcy in Raleigh, NC

Bankruptcy Raleigh NCFiling for bankruptcy can seem complicated, but that’s exactly why you’re choosing to work with one of the top bankruptcy attorneys in the United States!

Read More / Read Less

Our job is to handle the tough stuff so you don’t have to, and we do everything possible to make the process as easy, smooth, and quick as it can be.

Here’s the exciting part: we’ve embraced AI technology to make filing even simpler for you. This cutting-edge tool helps streamline the process and saves you time. Plus, we’re proud to say that we are the ONLY bankruptcy law firm in our area using AI to enhance the experience. You’re in great hands with us!

Shark-Infested Waters' Guarantees for Bankruptcy in Raleigh, NC

 Bankruptcy Raleigh NCWe’re so confident in our service that we offer two money-back guarantees to give you total peace of mind:

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  1. Full Refund if We Can’t File Your Bankruptcy: If you’ve been honest with us from the start and we’re unable to file your bankruptcy, we’ll refund your attorney fees—no hassle, no questions.
  2. Willing to Jump Into Shark-Infested Waters to Stay With Us. Haven’t filed yet?  If at the end of 3 days you wouldn’t be willing to jump into shark-infested waters to stay with us we will refund your money.

We’re here to make this process as stress-free as possible, so you can feel confident every step of the way!

Fear of Lowering Credit Score In a Bankruptcy in Raleigh, NC

Bankruptcy Raleigh NCThe idea that bankruptcy ruins your credit score is mostly a myth, often spread by…

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…the credit card and medical industries to discourage people from filing. REALLY. In reality, bankruptcy itself isn’t directly factored as a specific variable in the calculation of your credit score. Period. It actually helps bad credit scores.

Why? Bankruptcy wipes out most unsecured debt, freeing you from burdens like credit card bills, medical debt, overpriced vehicles, and timeshare contracts. This dramatically improves your debt-to-income ratio, which is a key factor in boosting your credit score.

Sure, for a very small number of people who file bankruptcy with NO negatives on their credit score, bankruptcy might initially cause a dip. This is because it changes your credit history. But let’s face it—most people filing for bankruptcy don’t have high scores to begin with, or their scores are headed for trouble because of soon-to-be unpaid debts.

Now bankruptcy does not directly affect your credit score, it is a red flag on your credit report. It will make renting more difficult and bring higher rates when borrowing – but the vast majority of people receive numerous credit card offers immediately after a bankruptcy. While making renting and buying a car more difficult, there are still plenty of places that you can rent homes and buy cars – here is one now: https://AskCousinKera.com. High defaulted debt can be MUCH worse.

It’s also true that a bankruptcy can stay on your credit report for 7-10 years. But here’s the secret: you don’t have to let it! You can actually get a bankruptcy removed from your credit report just a few months after it’s finalized. Yes, this is real! I’m happy to provide you with step-by-step instructions on how to do it yourself or connect you with someone who can handle it for you. Here that are: https://www.BoostCreditScoresllc.com . Let’s get your financial future back on track!

Social Stigma & Guilt of Bankruptcy in Raleigh, NC

Bankruptcy Raleigh NCDid you know that Donald Trump has filed for bankruptcy six times? He even calls himself “The King of Debt.” If he can bounce back and become president, just imagine what you can accomplish! Maybe President 2028?

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The truth is, filing for bankruptcy doesn’t make you an outcast—it’s a powerful financial tool that gives people a fresh start. Unfortunately, industries like the medical community and credit card companies have spent a fortune trying to shame people out of filing bankruptcy, especially in places like Raleigh, NC. But don’t let them fool you! The only people who will know you’ve filed are those you choose to tell or anyone who pulls your credit report with your permission—and even that can be removed from your credit report after a few months!

Bankruptcy has deep roots in history and even faith. In the Bible, debts were forgiven every seven years, and land was returned to its original owners every fifty years. Plus, the Lord’s Prayer reminds us to ask, “Forgive us our debts, as we forgive our debtors.” – Matthew 6:12 If forgiveness is good enough for scripture, it’s good enough for your financial journey!

Bankruptcy is also part of the constitution.  Many of our Founding Fathers struggled financially and wanted to ensure bankruptcy was part of the original Constitution. You might say it is patriotic!

Let’s also talk about predatory loans, scams, and high-interest credit cards. Over the last thirty years, these traps have been designed to keep you in debt for life, draining your hard-earned money. Bankruptcy is your way to break free and take control of your future. Don’t let anyone shame you for reclaiming your financial freedom!

Impact on Family of a Bankruptcy in Raleigh, NC

Bankruptcy Raleigh NCNone. It will not effect ANYONE’S credit report except the person who filed a bankruptcy in Raleigh, NC.

Top 3% of All Bankruptcy Attorneys Nationwide


Bankruptcy in Raleigh, NC – “This is Kerry.  I am excited to announce that bankruptcy attorney Sheree has been awarded by North Carolina Bankruptcy Bar the title of “Board Certified Consumer Bankruptcy Specialist“.  It is determined by the respect of her peers and the depth of her bankruptcy knowledge.  This high honor is only given to only 3.9% of ALL bankruptcy attorneys!”

How Can We Make Your Life Better with a Bankruptcy in Raleigh, NC?

Judgement-Free

We are family and will treat you like family.

Sheree and I want to provide you with exceptional service in your bankruptcy.

We try to always provide the best service possible, and we guarantee the best service in the industry.

FIND OUT HOW YOU CAN SAVE YOUR HOME IN BANKRUPTCY IN RALEIGH, NC

 

Bankruptcy Lawyer in Raleigh,  NC - Has your house been foreclosed on or are you facing foreclosure proceedings? Let us discuss your options — whether you are thinking of filing bankruptcy or not!

Sheree and Kerry of Raleigh, NC’s Cameron Bankruptcy Law

About the Bankruptcy in Raleigh, NC Sheree & Kerry Cameron

Bankruptcy Lawyer in Raleigh NC: We believe in excellence as both a virtue and a compulsion. We are workaholics, both passionate and personable. We believe success is measured by action, not wealth. We believe in doing the right thing for the right price. We are family and will treat you like family, too. We are Cameron Bankruptcy Law.

Raleigh Bankruptcy

We work hard to get you the best outcome for your case.

Bankruptcy Lawyer In Raleigh, NC – We strive to provide you with quality legal representation in your bankruptcy case. Legally, we cannot offer any guaranteed outcome in any bankruptcy case. We do offer a return of attorney’s fees if a case can’t be filed. JFYI, we have never had to do this! If we do not think you can receive a discharge in Chapter 7 or 13 bankruptcy, we will not take your case! Can we be fairer than that?

10 am – 10 pm, 7 days a week – (919) 627-7748

 Click here for a free, no-pressure consultation

 

We are committed to low cost high-quality service

Bankruptcy In Raleigh, NC – Cameron Bankruptcy Law was founded in 2003 by Sheree Cameron and her husband Kerry. When their two-year-old son got diagnosed with autism, they decided to work out of the home office to give more personalized care to their little one. This gives clients the flexibility of being able to meet even after working hours or on weekends!

10 am – 10 pm, 7 days a week – (919) 627-7748

 Click here for a free, no-pressure consultation

 

Bankruptcy Raleigh NC

Bankruptcy in Raleigh, NC

What Makes Us Different

Bankruptcy Lawyer in Raleigh NC – We are family and will treat you like family. Sheree and I want to provide you with exceptional service in your bankruptcy. We try to always provide the best service possible, and we guarantee the best service in the industry.

2 X Guarantees!

You can rest assured that we’ll work hard to get you the best outcome, thanks to our TWO written money-back guarantees.

 

We STOP Harassing Creditor Calls ASAP!

We inform your creditors that you filed bankruptcy, and we’re not afraid to take it to court if they continue to violate the automatic stay!

 

Kerry Will Help You Get a 720+ Credit Score.

After the bankruptcy, Kerry can help you raise your credit score to 720+! Call us today to find out how.

Get The Bankruptcy Off Your Credit Report. (click here)

At Cameron Bankruptcy Law, you’re not just a case to us. We can help you fix bad credit and get bankruptcy off credit reports.

 

Choose From Our Easy Bankruptcy Payment Plans. (click here)

We offer affordable payment plans, so you can focus on your bankruptcy case instead of worrying about bankruptcy costs.

 

Flexible Appointments /  Easy Payment Plans

We offer flexible appointment schedules – 10 am to 10 pm 7 days-a-week!, We also offer easy bankruptcy payment plans! Why would you not want to use us?

Raleigh, NC Bankruptcy Lawyers

Meet the Camerons

Bankruptcy Lawyer In Raleigh, NC – Husband-and-wife, Sheree grew up in rural Tennessee and Kerry grew up in rural Alaska. They now serve families and individuals from Raleigh and all of Eastern and Middle NC. They have an “A+” BBB® rating and the best Google Testimonials in North Carolina! Here is their “About Us” page.

Raleigh Bankruptcy Attorney Sheree and Kerry
North Carolina Bankruptcy Lawyer

Bankruptcy In Raleigh, NC – Sheree is a Board Certified Consumer Bankruptcy Specialist In Bankruptcy Raleigh, NC. Sheree has over 20+ years of experience as a debtor bankruptcy lawyer in Raleigh, NC.

Paralegal

Kerry is the paralegal with 20+ years of experience at Cameron Bankruptcy Law. He takes care of everything from handling phone calls, answering general questions, organizing the office, marketing, and managing our website. 

surviving debt book

Free Bankruptcy Book

Surviving Debt:
A Guide to Bankruptcy

Bankruptcy in Raleigh, NC – Struggling with your finances and don’t know where to begin? Read this book to understand the options available to you!

Raleigh bankruptcy attorney Sheree Cameron wrote this guide to bankruptcy to help you survive your debts in Eastern Carolina.

Bankruptcy in NC

If you just stumbled upon our website, you probably don’t know us from Adam.

Bankruptcy in Raleigh, NC – We want you to feel secure with Sheree as your attorney in your Chapter 7 bankruptcy or Chapter 13 bankruptcy in Raleigh, NC and throughout NC. Sheree is a Board Certified Consumer Bankruptcy Specialist. We have an A+” BBB® rating. Sheree has 20+ years of experience as a debtor bankruptcy lawyer in NC. We have the best Google Testimonials (click here) in North Carolina! And not least, our two money-back GUARANTEES!

Bankruptcy Lawyer in Raleigh, NC – Legally we cannot offer any guaranteed outcome in any bankruptcy case. We do offer a return of attorney’s fees if a case cannot be filed. JFYI, we have never had to do this!

If we do not think you can receive a discharge in Chapter 7 or 13 bankruptcy, we will not take your case! Can we be fairer than that?

Raleigh Bankruptcy Lawyer Sheree Cameron