North Carolina Debt Relief Reviews / Case Studies

charlotte North Carolina debt relief settlement consolidationI had a change in my income, and I need a more affordable payment to resolve my debt once and for all. Read Case Study

Location: Charlotte, North Carolina

raleigh North Carolina debt relief debt settlement reviewI fell behind on my debts when I had to evict my tenants out of my rental property. I had to use the credit to keep up with the overhead. I am now looking to set a plan in place to resolve them as soon as possible. Read Case Study

Location: Raleigh, North Carolina

North Carolina

North Carolina rises from gorgeous beaches to the ancient Appalachian mountains. The original economy was based on agriculture and that is still an important part of the state’s economy. Science, technology, energy, and math industries are booming around the Raleigh Durham area. Rural areas are suffering while the urban areas are fairly prosperous.

North Carolina is ranked #9 for population and #15 for population density.

Income

The median state income is $50,584 As of 2018, the minimum wage is $7.25 per hour. Unfortunately, 21.3% of North Carolinian children under 18 live in poverty. For residents overall, 15.4% of all people in North Carolina live under the poverty level.

  • Median state income: $50,584
  • Minimum wage: $7.25/hour
  • Children in poverty: 21.3%
  • People in poverty: 15.4%

Is North Carolina a Community Property State?

Unfortunately, North Carolina is not a community property state. Therefore your assets are not seen as equally owned by you and your spouse. Currently, there are only 10 states that are community property states.  In the state of NC, the judge will decide which assets are shared by you and your spouse, and what the equity is for each.

There are 10 community property states in which the state sees your assets as community property are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin.

Homeowners

More than half (66.3%) of North Carolinians hold a mortgage. The median home price in North Carolina is $173,800 (2018). Of course, that median price depends on the location with some areas being higher.

  • Homeowner rate: 66.3%
  • Median home price: $173,800

Employment

North Carolina has a current unemployment rate of 4.5%. However, the underemployment rate is 9.4%. Underemployment is the percentage of civilian workers who are unemployed, employed part-time or are not seeking employment.

If this is you, we can help. Pacific Debt offers North Carolina debt relief solutions tailored to your unique situation and budget. Our certified counselors help you work up a budget, and explain your options.

  • Unemployment: 4.5% (2018)
  • Underemployment: 9.4% (2017)

North Carolina Debt

North Carolinians carry a lot of debt. The average credit card debt is $7,225 (2018). The average student loan debt is $26,164. When you add all that debt on top of the cost of homes (rental or owned), versus the median income, it is very easy for North Carolinians to get into debt.

  • Avg credit card debt: $7,225 (2018)
  • Avg mortgage debt: $166,561 (2017)
  • Avg student loan debt: $26,164 (2017)

North Carolina Statute of Limitations

North Carolina’s statute of limitations lays out maximum time periods that debt collectors can take action against a delinquent debt. These statutes of limitations begin on the date that your debt goes delinquent.

For debts taken out in North Carolina, the following are the statutes of limitations for different types of debt.

  • Oral agreements: 3 years
  • Written contracts: 3 years
  • Promissory notes: 3 years
  • Credit cards and other revolving loans: 3 years

North Carolina Debt Relief & Debt Consolidation

If you have more debt than you can pay off, Pacific Debt can help you consolidate your debt and learn to live debt free. Since 2002, we’ve settled over $200 million in debt for thousands of clients. We are a nationally top ranked debt relief company located in San Diego.

We will help you work through our proven and comprehensive debt relief program. Your certified debt relief counselor will review all your options. If debt settlement is right for you, we move forward with our debt consolidation program and work to save you money. Pacific Debt can help with most unsecured debt like credit cards, personal loans, medical bills and repossessions.

It is not an easy process and it won’t happen overnight, but you can do it. Pacific Debt will be there every step of the way to help.

Debt Collection Laws

North Carolinians are protected against unscrupulous debt collectors. The federal Fair Debt Collection Practices Act (FDCPA) prohibits debt collectors from using abusive or harassing bill collection practices. In addition, the North Carolina Fair Debt Collection Practices Act (NCFDCPA) adds protections against more types of collectors and actions. If you are a victim of any of these actions, you may take legal action against them.

Overall, debt collectors can NOT:

  • Charges more than 10% interest
  • Garnish more than 25% of wages
  • Use/threaten physical force or criminal tactics to harm you, your property, or your reputation
  • Accusing you of committing a crime for not paying the debt
  • Make/threaten to make defamatory statements to someone else
  • Threaten arrest, to seize assets, or garnish wages, unless actually planning to take such action
  • Use obscene or profane language
  • Cause you to spend money you wouldn’t otherwise have spent (ie long-distance telephone calls)
  • Call you repeatedly or let your phone ring repeatedly
  • Call frequently
  • Contact your employer, except to verify employment or health insurance status, garnish wages or locate you
  • Reveal information about debt to anyone except your spouse or your parents if a minor.
  • Publicly publish your name for failing to pay
  • Send a postcard or letter with revealing information on the envelope
  • Claim to be someone other than a debt collector, including a governmental official
  • Use stationary that appears to be from a law firm
  • Charge you collection or attorney’s fees unless legally allowable
  • Threaten to report you to a credit reporting agency if they have no intention of doing so
  • Send a letter claiming to come from a claim, credit, audit, or legal department unless it actually is

Debt collectors must:

  • Disclose caller identification
  • May contact your family to locate you
  • Must serve you with notice of a lawsuit if suing you

Bankruptcy Court Information

Bankruptcy is a legal action that can erase most of your debt as well as your credit history. It is not an action to take lightly. If you do, you must follow the following steps in North Carolina.

Persons filing for bankruptcy must:

  • Complete credit counseling within six months before filing for bankruptcy.
  • Complete a financial management instructional course after filing bankruptcy.
  • Complete a Bankruptcy Act Means Test to determine if you are eligible for a Chapter 7 or 13 bankruptcy
  • Itemize current income sources; major financial transactions; monthly living expenses; debts (secured and unsecured); and property (all assets and possessions, not just real estate).
  • Collect last 2 years of tax returns, deeds to real estate you own, car titles, and loan documents
  • File for bankruptcy
      • Chapter 7 bankruptcy fee is $306
      • Chapter 13 bankruptcy fee is $281
  • Meet with court assigned bankruptcy trustee
  • Attend a Meeting of Creditors
  • Confirm plan if filing for Chapter 13 bankruptcy

DISCLAIMER: We are not lawyers and are not giving legal advice. Before filing bankruptcy, talk to a lawyer in your state.

North Carolina Better Business Bureau

Pacific Debt is an A+ rated business with the BBB. We have been accredited since 2010. We have received 4.87 out of five stars based on 40 customer reviews with the BBB.

North Carolina Areas Served by Pacific Debt

Aberdeen
Ahoskie
Alamance village
Albemarle
Alliance
Altamahaw-Ossipee
Andrews
Angier
Ansonville
Apex
Arapahoe
Archdale
Arlington
Asheboro
Asheville
Ashley Heights
Askewville
Atkinson
Atlantic Beach
Aulander
Aurora
Autryville
Avery Creek
Ayden
Badin
Bailey
Bakersville
Bald Head Island village
Balfour
Banner Elk
Barker Heights
Barker Ten Mile
Bath
Bayboro
Bayshore
Beargrass
Beaufort
Beech Mountain
Belhaven
Belmont
Belville
Belwood
Benson
Bent Creek
Bermuda Run
Bessemer City
Bethania
Bethel
Bethlehem
Beulaville
Biltmore Forest
Biscoe
Black Creek
Black Mountain
Bladenboro
Blowing Rock
Boardman
Boger City
Bogue
Boiling Spring Lakes
Boiling Springs
Bolivia
Bolton
Bonnetsville
Boone
Boonville
Bostic
Bowmore
Brevard
Brices Creek
Bridgeton
Broadway
Brogden
Brookford
Brunswick
Bryson City
Buies Creek
Bunn
Burgaw
Burlington
Burnsville
Butner
Butters
Cajah’s Mountain
Calabash
Calypso
Cameron
Candor
Canton
Cape Carteret
Carolina Beach
Carolina Shores
Carrboro
Carthage
Cary
Casar
Cashiers
Castalia
Castle Hayne
Caswell Beach
Catawba
Cedar Point
Cedar Rock village
Centerville
Cerro Gordo
Chadbourn
Chapel Hill
Charlotte
Cherryville
Chimney Rock village
China Grove
Chocowinity
Claremont
Clarkton
Clayton
Clemmons village
Cleveland
Clinton
Clyde
Coats
Cofield village
Colerain
Columbia
Columbus
Como
Concord
Conetoe
Connelly Springs
Conover
Conway
Cooleemee
Cornelius
Cove City
Cramerton
Creedmoor
Creswell
Cricket
Crossnore
Cullowhee
Dallas
Danbury
Davidson
Delway
Denton
Dillsboro
Dobbins Heights
Dobson
Dortches
Dover
Drexel
Dublin
Dundarrach
Dunn
Durham
Earl
East Arcadia
East Bend
East Flat Rock
East Laurinburg
Eastover
East Rockingham
East Spencer
Eden
Edenton
Elizabeth City
Elizabethtown
Elkin
Elk Park
Ellenboro
Ellerbe
Elm City
Elon College
Elrod
Elroy
Emerald Isle
Enfield
Enochville
Erwin
Etowah
Eureka
Everetts
Fair Bluff
Fairfield Harbour
Fairmont
Fairplains
Fairview
Faison
Faith
Falcon
Falkland
Fallston
Farmville
Fayetteville
Fearrington
Five Points
Flat Rock village
Flat Rock
Fletcher
Forest City
Forest Hills village
Forest Oaks
Fort Bragg
Fountain
Four Oaks
Foxfire village
Franklin
Franklinton
Franklinville
Fremont
Fuquay-Varina
Gamewell
Garland
Garner
Garysburg
Gaston
Gastonia
Gatesville
Gibson
Gibsonville
Glen Alpine
Glen Raven
Godwin
Goldsboro
Goldston
Gorman
Graham
Grandfather village
Granite Falls
Granite Quarry
Greenevers
Green Level
Greensboro
Greenville
Grifton
Grimesland
Grover
Half Moon
Halifax
Hamilton
Hamlet
Harkers Island
Harmony
Harrells
Harrellsville
Harrisburg
Hassell
Havelock
Haw River
Hayesville
Hays
Hemby Bridge
Henderson
Hendersonville
Hertford
Hickory
Highlands
High Point
High Shoals
Hightsville
Hildebran
Hillsborough
Hobgood
Hoffman
Holden Beach
Holly Ridge
Holly Springs
Hookerton
Hope Mills
Hot Springs
Hudson
Huntersville
Icard
Indian Beach
Indian Trail
Ingold
Ivanhoe
JAARS
Jackson
Jacksonville
James City
Jamestown
Jamesville
Jefferson
Jonesville
Kannapolis
Keener
Kelford
Kelly
Kenansville
Kenly
Kernersville
Kill Devil Hills
King
Kings Grant
Kings Mountain
Kingstown
Kinston
Kirkland
Kittrell
Kitty Hawk
Knightdale
Kure Beach
La Grange
Lake Junaluska
Lake Lure
Lake Norman of Catawba
Lake Park village
Lake Santeetlah
Lake Waccamaw
Landis
Lansing
Lasker
Lattimore
Laurel Park
Laurinburg
Lawndale
Leggett
Leland
Lenoir
Lewiston Woodville
Lewisville
Lexington
Liberty
Light Oak
Lilesville
Lillington
Lincolnton
Linden
Littleton
Locust
Long View
Louisburg
Love Valley
Lowell
Lowesville
Lucama
Lumber Bridge
Lumberton
McAdenville
Macclesfield
McDonald
McFarlan
McLeansville
Macon
Madison
Maggie Valley
Magnolia
Maiden
Manteo
Marietta
Marion
Mar-Mac
Marshall
Mars Hill
Marshville
Marvin village
Masonboro
Matthews
Maxton
Mayodan
Maysville
Mebane
Mesic
Micro
Middleburg
Middlesex
Millers Creek
Milton
Mineral Springs
Minnesott Beach
Mint Hill
Mocksville
Momeyer
Monroe
Montreat
Mooresboro
Mooresville
Moravian Falls
Morehead City
Morganton
Morrisville
Morven
Mountain Home
Mountain View
Mount Airy
Mount Gilead
Mount Holly
Mount Olive
Mount Pleasant
Mulberry
Murfreesboro
Murphy
Murraysville
Myrtle Grove
Nags Head
Nashville
Navassa
Neuse Forest
New Bern
Newland
New London
Newport
Newton
Newton Grove
Norlina
Norman
Northlakes
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Northwest
North Wilkesboro
Norwood
Oakboro
Oak City
Oak Island
Oak Ridge
Ocean Isle Beach
Ocracoke
Ogden
Old Fort
Oriental
Orrum
Oxford
Pantego
Parkton
Parmele
Patterson Springs
Peachland
Peletier
Pembroke
Pikeville
Pilot Mountain
Pinebluff
Pinehurst village
Pine Knoll Shores
Pine Level
Pinetops
Pineville
Piney Green
Pink Hill
Pittsboro
Plain View
Pleasant Garden
Pleasant Hill
Plymouth
Polkton
Polkville
Pollocksville
Pope AFB
Powellsville
Princeton
Princeville
Proctorville
Prospect
Pumpkin Center
Raeford
Raemon
Raleigh
Ramseur
Randleman
Ranlo
Raynham
Red Oak
Red Springs
Reidsville
Rennert
Rex
Rhodhiss
Richfield
Richlands
Rich Square
River Bend
River Road
Roanoke Rapids
Robbins
Robbinsville
Robersonville
Rockfish
Rockingham
Rockwell
Rocky Mount
Rolesville
Ronda
Roper
Roseboro
Rose Hill
Rosman
Rowland
Roxboro
Roxobel
Royal Pines
Rural Hall
Ruth
Rutherford College
Rutherfordton
St. Helena village
St. James
St. Pauls
St. Stephens
Salem
Salemburg
Salisbury
Saluda
Sandy Creek
Sandyfield
Sanford
Saratoga
Sawmills
Saxapahaw
Scotland Neck
Seaboard
Sea Breeze
Seagate
Seagrove
Sedalia
Selma
Seven Devils
Seven Lakes
Seven Springs
Severn
Shallotte
Shannon
Sharpsburg
Shelby
Sherrills Ford
Siler City
Silver City
Silver Lake
Simpson village
Sims
Skippers Corner
Smithfield
Sneads Ferry
Snow Hill
Southern Pines
Southern Shores
South Gastonia
South Henderson
Southport
South Rosemary
South Weldon
Sparta
Speed
Spencer
Spencer Mountain
Spindale
Spiveys Corner
Spring Hope
Spring Lake
Spruce Pine
Staley
Stallings
Stanfield
Stanley
Stantonsburg
Star
Statesville
Stedman
Stem
Stokesdale
Stoneville
Stonewall
Stony Point
Stovall
Sugar Mountain village
Summerfield
Sunset Beach
Surf City
Swannanoa
Swansboro
Swepsonville
Sylva
Tabor City
Tarboro
Tar Heel
Taylorsville
Taylortown
Teachey
Thomasville
Toast
Tobaccoville village
Topsail Beach
Trenton
Trent Woods
Trinity
Troutman
Troy
Tryon
Turkey
Unionville
Valdese
Valley Hill
Vanceboro
Vandemere
Vander
Vann Crossroads
Varnamtown
Vass
Waco
Wade
Wadesboro
Wagram
Wake Forest
Walkertown
Wallace
Walnut Cove
Walnut Creek village
Walstonburg
Wanchese
Warrenton
Warsaw
Washington
Washington Park
Watha
Waxhaw
Waynesville
Weaverville
Webster
Weddington
Welcome
Weldon
Wendell
Wentworth
Wesley Chapel village
West Canton
West Jefferson
West Marion
Westport
West Smithfield
Whispering Pines village
Whitakers
White Lake
White Oak
White Plains
Whiteville
Whitsett
Wilkesboro
Williamston
Wilmington
Wilson
Wilson’s Mills
Windsor
Winfall
Wingate
Winston-Salem
Winterville
Winton
Woodfin
Woodland
Woodlawn
Wrightsboro
Wrightsville Beach
Yadkinville
Yanceyville
Youngsville
Zebulon

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