This blog and informational section of our website is meant to provide you with answers to commonly asked questions as well as our special announcements and other updates.
Thanks to the impact of the COVID-19 pandemic, more and more companies are being forced to reduce their workforces. In many cases, employers are offering employees severance agreements, where the employer will agree to pay the employee some amount of money in exchange for a …
The Covid-19 pandemic has knocked us all for a loop. We are especially concerned for the hundreds of thousands of North Carolinians who have seen their jobs and businesses vanish. They’re struggling to feed and homeschool their kids while defaulting on mortgages, rent, car payments …
Essex Richards is proud to announce that attorney Caitlin Walton has been named as the 2020-2021 Chair of the Mecklenburg County Bar (MCB) Association’s Communications Committee. The Communications Committee develops the communication process among members of the MCB through publications including the Mecklenburg Bar News, MeckBar.org, Bar Blasts, …
Essex Richards partners John Woodman and Heather Culp educated North Carolina attorneys on debt and credit issues via the North Carolina Bar Association’s September 2020 Expert Series CLE. Through the Expert Series, the NCBA offers its 19,000 members as part of their dues a single …
Essex Richards Attorney Heather Culp has been selected to chair the Finance Committee of the North Carolina State Bar Plan for Interest on Lawyers’ Trust Accounts (IOLTA). IOLTA was established by the North Carolina State Bar and the North Carolina Supreme Court to generate income …
Essex Richards, P.A. is pleased to announce that The Best Lawyers© in America has named 10 of its attorneys to the 2021 list in the publication’s newly released 27th edition – Norris Adams, Rob Blair, Jon Buchan, Woody Connette, Heather Culp, John Daniel, Rick Elkins, Lauren Lewis, Steve Morris, …
Essex Richards attorneys Woody Connette and Heather Culp will chair two key North Carolina Bar Foundation committees for the fiscal year beginning July 1, 2020. Culp will chair the Programs Committee, which guides the Foundation’s public service and pro bono programs—efforts that further the Foundation’s …
Congratulations to Partner Heather Culp, who was recently named to the North Carolina Pro Bono Honor Society. This achievement recognizes North Carolina attorneys who gave substantial and valuable legal contributions to the state by providing fifty or more hours of pro bono legal services in …
Are you daydreaming about being your own boss? Go into it with your eyes wide open. Here are 10 common reasons why entrepreneurs may wind up in personal bankruptcy. 1. Getting into the Business for the Wrong Reasons An ill-conceived Plan B following a layoff, …
By Heather Culp A well-timed bankruptcy can be a powerful arrow in the quiver of a taxpayer with burdensome income tax debt. A taxpayer’s personal liability for individual income tax debt can be discharged in bankruptcy if the answer to each of the following five …
Making Good Personal Financial Decisions During the COVID-19 Crisis The coronavirus and COVID-19 diagnoses in the United States have quickly changed our lives in many ways. While health and public safety are top priority, many of us are concerned about our personal finances, and how …
As we referenced in this post, our team was curious about how our clients are doing now – after their bankruptcy has been discharged. Many new clients just want to know “will my life be better after bankruptcy?” So we went back and asked our …