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

Chris Layton

Current Monthly Income In Bankruptcy

Clients are smart to ask about timing issues with filing a bankruptcy. I get a lot of questions about income, as some clients expect income to increase in the near future, but have struggled recently with insufficient income.When you file…
Chris Layton

Does My Spouse Have To File Bankruptcy With Me?

While it may make sense for both spouses to file in a bankruptcy, a qualified Charlotte bankruptcy attorney will walk you through the options that suit your particular situation best. Typically, married couples hold debt in many different ways,…
Chris Layton

Can Unemployment Be Garnished?

Generally, unemployment benefits are exempt from garnishment. Like everything else, there are exceptions. Orders for garnishment may be granted for priority debts like child support or taxes, for example.Protect The Status Of Your Unemployment…
Chris Layton

Converting Your Bankruptcy

I spoke with client this morning who is moving forward with filing a Chapter 13, but is wondering whether she can convert to a Chapter 7 filing at some time during the Chapter 13. The answer is yes. In fact, converting from a Chapter 13 to a…
Chris Layton

Can I File Bankruptcy In North Carolina?

While you may be eligible to file a Chapter 13 or Chapter 7 bankruptcy, the first question is determining in which state you are entitled to file. In legal terms, this is a question of “Venue.” The bankruptcy statute related to venue is…
Chris Layton

Filing Bankruptcy And Personal Injury Claims

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Often, a specific event in your life leads to the filing of a bankruptcy. If the event gives rise to loss of work, you’re unable to pay our bills. If the event gives rise to insurmountable bills, you may be unable to maintain your monthly…
Chris Layton

Why You Should File Your Tax Returns

It’s Tax TimeIt’s tax time. You know you’re going to owe, and you also know you don’t have the money to pay the IRS what you’ll owe them. It may seem like a necessary and even strategic move to not file your return. The bankruptcy…
Chris Layton

Chapter 13 - Best Interests Test

Clients considering filing a Chapter 13 bankruptcy are often confused when the discussion with their attorney turns to a comparison between a Chapter 13 and a Chapter 7. The debtor has already decided to file a Chapter 13, so why does the attorney…
Chris Layton

Foreclosure Postponed!

I spoke with a law firm in Charlotte today the specializes in representing banks in foreclosure proceedings. I was calling about the property of a client. I was told that my client’s foreclosure had been postponed from January until April.…
Chris Layton

Notice Of Hearing Prior To Foreclosure

If you’ve received a Notice of Hearing Prior to Foreclosure in the mail, your rights are about to be affected. This notice means that the bank holding a mortgage on your home is moving forward with the foreclosure process and forgiveness of…