Summary: Ed Boltz recounts his career advising consumers facing bankruptcy in the Raleigh-Durham area. He highlights that the process to obtain loan modifications during the financial crisis was opaque, time consuming, and difficult to navigate. Boltz discusses the influence of anti-predatory lending policies, especially within North Carolina. Boltz also describes his frustrations in helping his clients seeking redress for their loans. While serving as President of the National Association of Consumer Bankruptcy Attorneys, Boltz explains, he worked to advocate for his clients at the federal level, and specifically discusses his views on the 2005 Bankruptcy Reform Act. Boltz also notes the increased number of middle-class suburban individuals being impacted by bankruptcy, and how that had particular long-term impacts on the lending environment North Carolina. Boltz concludes by discussing the more restrictive lending terms that now exist in North Carolina.
Biography: A lawyer at the Durham, North Carolina firm of John T. Orcutt, P.C., Ed Boltz has served as managing partner since 1998. He represents clients in Chapter 13 and Chapter 7 bankruptcies, as well as related consumer rights litigation, and frequently fights abusive mortgage practices.
Mr. Boltz received his B.A. from Washington University in St. Louis in 1993 and his J.D. from George Washington University in 1996. He is a member of the North Carolina State Bar, where he has been certified as a specialist in consumer bankruptcy law, and is admitted to practice before the Districts Courts in both the Eastern and Middle Districts of North Carolina.
Since 2006, he has been a member of the Board of Directors for the National Association of Consumer Bankruptcy Attorneys (“NACBA”), and was elected President in 2013. In these positions, Mr. Boltz has spoken extensively at local and national seminars, testified before Congress on issues relating to bankruptcy and the military, and been interviewed by numerous media outlets.