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508 CECIL ST FAYETTEVILLE, NC 28312 Estimated Resale Value *: $209,000* The Estimated Resale Value (ERV) of the property is based on an automated value obtained from a third party, assuming the property

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Who needs ch13 nc real estate?

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People who are looking to buy or sell real estate in North Carolina may need to fill out a Chapter 13 bankruptcy form in order to comply with state regulations and protect their rights.

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What is ch13 nc real estate?

Chapter 13 NC real estate refers to the legal framework under Chapter 13 of the Bankruptcy Code in North Carolina, allowing individuals with regular income to reorganize their debts and keep their property.

Who is required to file ch13 nc real estate?

Individuals who are struggling with debt but have a regular income and wish to keep their assets while repaying their debts are required to file for Chapter 13 bankruptcy.

How to fill out ch13 nc real estate?

To fill out Chapter 13 NC real estate forms, individuals must complete the bankruptcy petition, schedules of assets and liabilities, income and expenditure statements, and a repayment plan, often with the guidance of a bankruptcy attorney.

What is the purpose of ch13 nc real estate?

The purpose of Chapter 13 NC real estate is to provide individuals with a structured repayment plan to settle their debts over three to five years while allowing them to retain ownership of their property.

What information must be reported on ch13 nc real estate?

Individuals must report their income, expenses, assets, debts, and a proposed repayment plan detailing how they intend to pay back creditors.

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