Usually, yes. But, let me explain. First of all, there are all sorts of liens. Simply put, a lien is the right to take and hold or sell the property of a debtor as security or payment for a debt or duty. The property we’re talking about is real estate. There are two types of [...]

I firmly believe that knowledge is power and that education is the key to eliminating fear and misunderstanding. I write a bankruptcy blog so that my clients can gain knowledge about various aspects of bankruptcy law. In my experience, when clients are properly educated about the law then they are less stressed, more organized, and [...]

It’s tax season and every year at this time I receive lots of frantic calls from clients who tell me that their accountants have informed them that they may owe taxes due to “forgiven debt”. In other words, they are told that the debt that they no longer owe because of their bankruptcy case may [...]

Kight Law is pleased to announce that Rod Kight has been honored in Super Lawyers™ Rising Stars Lists in 2012.  A testament to the skill and professionalism the 28th Judicial District Bar has always enjoyed, more than 50 Asheville attorneys were included in Super Lawyers in 2012, representing a significantly higher percentage than Super Lawyers’™ national inclusion average [...]

The Federal Bankrtupcy laws contain certain rights to which citizens are legally entitled.  The United States Congress created these rights within the Bankruptcy Code to provide citizens with direct avenues to free themselves from the burden of overwhelming debt, thereby maintaining a hopeful and productive society.    This idealism is founded on the premise that hopeful [...]

The relationship that the general public has with the idea of bankruptcy is surrounded by myth, misconception and archaic stigma.  Most of the things you may have heard about bankruptcy, especially as it relates to today’s economic climate, are either completely untrue or outdated.  Knowing the difference between the myth and misconception, and educating yourself [...]

About Your Credit Rating One of the most common misconceptions, and a favorite of creditors, is that your credit rating will be forever damaged after bankruptcy.  This doesn’t have to be the case.  For most people, wiping out poor payment histories and aging debt represents a new beginning.  If you’ve been struggling and juggling payments [...]