Debt Solutions for NC with John T. Orcutt Law Firm

Debt Solutions for NC with John T. Orcutt Law Firm Don't fret...we erase debt! Ready for a fresh start? It is time to talk to a friendly member of our

04/21/2026

North Carolina faces a growing risk of “water bankruptcy” a condition where water demand outpaces reliable supply because of rapid population growth, uneven water distribution, aging infrastructure, and increasing climate pressures. While the state is not currently out of water, the combination ...

03/31/2026

The American College of Bankruptcy is dedicated to enhancing professionalism, scholarship, and service in the field of bankruptcy and insolvency law and practice. Its members include judges, lawyers, international fellows, accountants, corporate turnaround specialists, government officials, and othe...

03/24/2026

Two consumer bankruptcy attorneys report a sharp rise in Gen Z and young millennial bankruptcy filings, especially among 25- to 35-year-olds. They attribute the trend to higher living costs and flat wages. They also point to easy access to credit cards, buy now, pay later loans, and a surge in onlin...

03/10/2026

Abstract: "Ed Boltz, the managing partner of the Law Offices of John T. Orcutt, and associate bankruptcy attorney, Ryan Srnik, posit that recent North Carolina bankruptcy decisions in In re Peach and In re Rogers transform technical rules about postpetition mortgage fees into robust consumer‑prote...

03/03/2026

E. & J. Gallo Winery filed for bankruptcy protection as a strategic response to mounting financial pressure caused by shifting consumer preferences, oversupply in the wine market, and broader economic challenges affecting the alcohol industry. Rather than signaling a complete collapse, bankruptcy pr...

02/16/2026

Over the past year, mortgage delinquencies in the United States have begun to climb again, but the increase is not evenly spread across the country. The steepest rises are concentrated in economically and climatically vulnerable regions—particularly the Deep South and parts of the Eastern seaboard...

02/11/2026

This February 8th, 2026, members of the Law Offices of John T. Orcutt will be participating in the Heartbreak Relay Race in Greensboro NC, 3905 Nathanael Greene Dr. The Valentine's Heartbreaker Marathon & Relay is quite possibly the most fun you will ever have running a race. "A few years back, four...

02/02/2026

Eddie Bauer, the iconic outdoor clothing and gear retailer with over a century of history, filed for Chapter 11 bankruptcy in early 2026 primarily due to financial strain on its brick-and-mortar retail business. The filing relates specifically to the entity that operates the company’s physical sto...

01/27/2026

In January 2026, the luxury beauty powerhouse Pat McGrath Labs filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the Southern District of Florida. This strategic move was made to halt a planned public auction of the brand’s assets that had been scheduled for January 27. B...

01/13/2026

Saks Global Enterprises, the luxury retail conglomerate that owns iconic brands such as Saks Fifth Avenue, Neiman Marcus, and Bergdorf Goodman, filed for Chapter 11 bankruptcy protection because it became overwhelmed by unsustainable debt obligations, weakening sales, and operational challenges. The...

01/06/2026

A.M. Scott Distillery, a small Ohio-based spirits company known for handcrafted whiskey, vodka, and gin, filed for Chapter 11 bankruptcy protection in late December 2025, weeks before its founder was set to face a fraud-related trial. The company’s bankruptcy filing lists assets of less than $500,...

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