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

Chris Layton

Transfers of Assets and Bankruptcy

Question: Can I transfer my assets right before a bankruptcy and still file? Short Answer: No. But you can keep your property.Most of my posts come on the heels of conversations with clients. The reason for this is that when I speak with…
Chris Layton

Call a Charlotte Bankruptcy Attorney Today

Make a phone call. It's that simple. Call a Charlotte bankruptcy attorney today. Bankruptcy attorneys -- good ones -- are eager to answer questions. They will not pressure you into filing a bankruptcy. You won't feel like you're listening to…
Chris Layton

Can I File For Bankruptcy If I Collect Unemployment?

Short Answer: Yes.Income from unemployment is counted as income to the individual when determining whether you qualify for the bankruptcy. Typically, for a Chapter 7 bankruptcy, unemployment income will not be enough income to cause a problem…
Chris Layton

Before Bankruptcy -- Bankruptcy Rules For Repayment of Family Loans

Things have been tough. You’ve extended your lines of credit. When you exhausted available credit card debt, you borrowed from family members to get by. This is absolutely normal. And when you do have extra money to repay some of your creditors,…
Chris Layton

Rich Dad, Poor Dad Author Kiyosaki Files Bankruptcy

Recently, The New York Post reported that author Robert Kiyosaki’s company Rich Global LLC has filed for Chapter 7 bankruptcy. This seems to be a great example of setting aside feelings of embarrassment, shame or fear, in favor of making a…
Chris Layton

What Is Bankruptcy?

First… Congratulations! You’re here because you are taking control over your finances. And you CAN take control of your finances. There are powerful options that the bankruptcy code creates for individuals like you and me, which can rescue…
Chris Layton

Loan or Mortgage Modification and Bankruptcy

When we are attempting to manage our debt, it helps to consider it in pieces. Typically, the most substantial monthly payment for each of us is our home, or the mortgage on the home. With the significant changes in the real estate market and…
Chris Layton

Debt Consolidation Or Bankruptcy

Trying to manage overwhelming credit card debt is like driving in a storm—you can only see what is directly in front of you. This leads to decisions that address a situation with today’s aggressive bill collector, but often leaves us facing…
Chris Layton

Is Business Debt Discharged In A Bankruptcy?

Many of my bankruptcy clients are small business owners, and typically operate their business as a sole proprietorship, partnership or LLC. While these clients are currently facing financial hardship, the business represents a great potential…
Chris Layton

Cheap Bankruptcy Attorney - Charlotte

If you’ve been browsing online for a Charlotte bankruptcy attorney, you’ve probably come across the phrase “Cheap Bankruptcy Attorney” more than once. And you’d be hard-pressed to find a situation where cost matters more, than when…