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

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…
Chris Layton

How Can I Pay For Bankruptcy?

It costs a substantial amount of money to file a bankruptcy. When you don’t have money for utilities and rent, this feels like a cruel joke. And while most clients address it with a sense of humor, the fact is one of the biggest hurdles to…
Chris Layton

The Automatic Stay In Bankruptcy

When I get a first phone call from a potential client, there is usually a pressing reason.  They need help NOW. They can’t make this month’s bills, they are receiving threatening phone calls, or the Sheriff has been to the house to enforce…
Chris Layton

Deficiency Judgments In Bankruptcy

In a Chapter 7 or Chapter 13 bankruptcy, deficiency judgments can be eliminated.I spoke with a client today who is considering filing bankruptcy in Charlotte. We discussed both her inability to balance her budget on a monthly basis, as well…
Chris Layton

Writ of Execution

If you receive a Writ of Execution, it means a creditor is attempting to seize your assets. Take a deep breath, you still have options. Filing bankruptcy is one of them. The key is acting quickly.Before The Writ of ExecutionIf a creditor…
Chris Layton

Your Creditors And Bankruptcy

Your creditors will be notified that you have filed either a Chapter 7 bankruptcy or a Chapter 13 bankruptcy when the court sends notice to them. This is done shortly after you or your attorney files your bankruptcy petition. The notice from…
Chris Layton

Why Bankruptcy

My Charlotte bankruptcy clients and I talk about all of their options. This includes options outside of bankruptcy. I feel my job as an attorney is to assist the client in making the best decision for them, and understanding why bankruptcy works…
Chris Layton

Retirement Funds -- Charlotte Bankruptcy

Debt is stressful. It becomes overwhelming when it depletes our savings and retirement funds. My clients try so hard to meet their financial responsibilities, that they often deplete not only their savings but also their retirement accounts.…
Chris Layton

Married, Filing Single -- Bankruptcy and Non-Filing Spouses

I had a conversation with a client today about this very issue. While married bankruptcy clients have the ability to file solely or jointly, there are considerations which affect that choice. The primary consideration is usually protecting the…
Chris Layton

Reaffirming A Debt

Before a bankruptcy or during it, your creditors may encourage you to reaffirm your debt with them. When you reaffirm a debt, you are carving that debt out from the bankruptcy and re-obligating yourself with the creditor. The debt will survive…