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.
Essex Richards attorney John Woodman will speak at the upcoming Mecklenburg County Bar’s Annual Review on February 2. John will provide an update on bankruptcy law as part of the Bar’s Annual Review CLE. John’s practice includes commercial litigation and bankruptcy law. He helps individuals, …
by: Heather Culp For folks who come to us for help with their debts, one of our most important responsibilities is to explain their legal options, how they work, and what they cost, and then help them determine the best path forward and help them …
By: David DiMatteo and Heather Culp The instant a bankruptcy is filed, a “stay” usually goes into effect, restraining creditors (those owed money or property) from taking certain actions against the debtor (the person or entity that filed for bankruptcy) or against “property of the …
Bankruptcy partner Heather Culp was recently interviewed for a WSOC-TV article covering the sale of Charlotte’s EpiCentre following foreclosure proceedings earlier this year. The property was auctioned Tuesday morning at the Mecklenburg County Courthouse and was sold to the highest bidder, Deutsche Bank Trust Company …
On July 22, 2022, the North Carolina State Bar Council made several appointments, including appointing Heather Culp to a second three-year term on the Interest on Lawyer Trust Accounts (“IOLTA”) Board of Trustees (2022-2025). The Council also appointed trustee Shelby Benton of Goldsboro to chair …
Bankruptcy partner John Woodman was recently interviewed for a WSOC-TV article covering the bankruptcy filing of David Tepper’s real estate company. GT Real Estate Holdings said the bankruptcy was filed in connection with the failed practice facility project in Rock Hill. In the article, John …
By: Heather Culp The short answer is, there is no specific dollar amount of debt required to file Chapter 7. The longer answer follows. The best way to figure out whether you are a good candidate for bankruptcy – including Chapter 7, which is just …
U.S. News & World Report and Best Lawyers have named Essex Richards to their 2022 list of “Best Law Firms” in America. The firm received a national ranking and metropolitan rankings in several practice areas. For the sixth year in a row, Essex Richards earned a national ranking …
Americans are returning to normal spending habits for the first time since the height of the COVID-19 pandemic, but are they paying off debt as fast as they’re accumulating it? Consumer debt has risen to $14.6 trillion in the first three months of 2021 — …
Bankruptcy partner Heather Culp was recently interviewed for a WSOC-TV article covering the foreclosure proceedings of Charlotte’s Epicentre. In the interview, Heather described the process of the court putting the Epicentre up for auction and using a receiver to collect rent from tenants. She commented, …
Last month, partner Heather Culp was interviewed via Zoom by fellow bankruptcy attorney Sam Turco on the subject of discharging student loans in bankruptcy. Sam’s central question for Heather was “can student loans be wiped out in bankruptcy?” Heather’s answer is generally “no,” at least …
On May 12 Essex Richards partner Heather Culp received the Outstanding Pro Bono Achievement award by the North Carolina Bar Association’s Bankruptcy Section. Heather regularly volunteers with the Charlotte Center for Legal Advocacy (formerly Legal Services of Southern Piedmont) and with Legal Aid of North …