King Law Firm Blog

Individuals who apply for a loan and sign off on an application are responsible for all of the information which is contained in the agreement. However, many individuals do not read the small print when they sign loan agreements and other contracts, and they are not aware that these agreements oftentimes contain a cross-collateralization clause which is part of the agreement. Moreover, these cross-collateralization clauses can create serious complications for…

If you are not willing or unable to pay off a debt voluntarily, the State of North Carolina has various legal means for a creditor to collect your debt. However, a creditor cannot immediately try and force you to pay the money which you owe. First, the creditor must go to the court and obtain a judgment against you. Once the court enters a judgment, the creditor can then begin…

The decision to file for bankruptcy (either Chapter 7 or Chapter 13) is a difficult one for most people and is often seen as an option of last resort. This is because declaring bankruptcy can have a significant effect on your credit and financial well-being. Moreover, after you file for bankruptcy, it can sometimes be difficult to prove your creditworthiness to lenders and obtain loans for some time after filing.…

Although filing for bankruptcy is often seen as a last resort for most people, filing actually has significant benefits and can often help people eliminate debts. Chapter 7 bankruptcy allows for the discharge of debt after the liquidation of a debtor’s non-exempt assets in order to pay off the person’s creditors. To qualify for this type of bankruptcy, however, the debtor has to satisfy certain income requirements. Importantly, there are…

Following a motor vehicle accident that takes place in North Carolina, there are several items of damage that you may be eligible to pursue via settlement or filing a personal injury lawsuit. First, you may be able to receive compensation for the property damage sustained to your motor vehicle. Second, you may be able to pursue compensation for all of your out-of-pocket costs that are related to the accident. Lastly,…

The State of North Carolina is a ‘fault state’ in the context of motor vehicle accidents. This means that if you are injured in an accident that is caused by another driver’s negligence, you have the ability to file a personal injury claim or lawsuit directly against that driver for damages. However, the process of filing a lawsuit can sometimes be complicated and time-consuming. Therefore, if you are contemplating filing…

If you are involved in a motor vehicle collision that was caused by another driver’s negligence, there are several legal options that may be open to you. First, you may have the option of settling your case with the at-fault driver’s insurance company. Secondly, you may decide to litigate your case in the state court system. If the at-fault driver’s insurance company does not offer you favorable settlement money, you…

When it comes to motor vehicle accidents, the state of North Carolina is a ‘fault state.’ This means that if you suffer injuries in a motor vehicle collision that is caused by another person’s negligence, you can file a claim or lawsuit directly against that negligent individual. In order to prove fault, you must be able to demonstrate that the other driver acted in an unreasonable manner under the circumstances.…

If you are rear-ended in a motor vehicle collision by the driver of a commercial vehicle, you may have a legal claim against both the vehicle driver, as well as the company that employs the driver for damages. This is because a driver who is operating a vehicle within the scope of his or her employment is acting as an agent of his or her employer. The employer, therefore, may…

People can suffer personal injuries in a variety of ways. In some cases, a person may be injured if he or she is involved in a motor vehicle collision. At other times, a person can be injured in a pedestrian accident or a slip and fall accident. Still others are injured when they are using a product which turns out to be defective in some way. If you suffer an…