A bankruptcy blog containing useful information for anyone considering a Charlotte bankruptcy attorney.

Chris Layton

Married Couples Filing Bankruptcy

There are numerous reasons why married couples filing bankruptcy need to consider their options. A Charlotte bankruptcy lawyer can assist you with clarifying your objectives, and then analyzing the choices for filing. Here is a very brief overview:Avoid…
Chris Layton

Professionals Are Not Immune To Bankruptcy

The stereotypes and myths around bankruptcy often serve as a barrier for deserving people who need to file. The fact is that whether you’re a school teacher, hospital employee, doctor, or lawyer, economic difficulties which can’t be offset…
Chris Layton

Automatic Stay Violation

An automatic stay violation in bankruptcy often gives rise to a cause of action for the debtor. When you file bankruptcy, the automatic stay affords you protection from creditor attempts to collect on debts until the automatic stay ends. This…
Chris Layton

Student Loans In Bankruptcy

While student loans are generally not dischargeable in bankruptcy, the filing of a Chapter 13 bankruptcy can assist greatly in managing payments on student loans. For this reason, if you have a legitimate need for filing a Chapter 13 bankruptcy,…
Chris Layton

Median Income and Bankruptcy

Whether you qualify for a Chapter 7 bankruptcy is a function of median income as well as the Means Test.Let’s start by looking at median income. This is a standard used to determine if you automatically qualify for Chapter 7 bankruptcy.…
Chris Layton

Small Business Bankruptcy

Most small business owners have to take a risk to get started. You need equipment or money before you can make money. When the income is outweighed by the debt, you may find yourself facing a small business bankruptcy.Despite what you’ve…
Chris Layton

Multiple Bankruptcy Filings

Filing bankruptcy more than once is not anyone’s goal, but if you meet certain requirements you can successfully file a second bankruptcy. This article outlines some requirements for multiple bankruptcy filings.Timing LimitsKnow that…
Chris Layton

Wage Garnishment In North Carolina

In North Carolina, wage garnishment is strictly limited. The instances in which your wages can be garnished are primarily: federal student loan debt, alimony, child support, taxes, overpayment of unemployment benefits, and ambulance services.…
Chris Layton

Bankruptcy Fees In Charlotte, NC

Bankruptcy fees should be clear and easy to understand. If you're in or near Charlotte, NC and considering hiring a bankruptcy lawyer, there are many qualified attorneys who can assist. Regardless of which bankruptcy attorney you choose to represent…
Chris Layton

File Bankruptcy?! But I'd Feel Bad Doing That!

When it comes to deciding whether to file bankruptcy, my job is to help you put emotions to the side and focus on what’s truly important: your health and  your family’s health. Here are three great reasons to file bankruptcy.You Have…