Charlotte Personal Injury and Bankruptcy articles including Chapter 7 and Chapter 13 from The Layton Law Firm and Attorney Chris Layton.
What Happens at the 341 Meeting?
BankruptcyDo I have to go to the courthouse?
Yes. You will typically have to go to the courthouse one time, for what is called a 341 meeting. This meeting takes place about 40 days after you file your Chapter 7 or Chapter 13 bankruptcy. If you file…
When to file bankruptcy in Charlotte, NC
BankruptcyMuch like any substantial undertaking, it may never feel like the right time to file a bankruptcy in Charlotte, NCI know that you already value the health and welfare of your family over avoiding any negatives you’ve imagined will flow from…
Are Tax Debts Included In A Bankruptcy?
BankruptcyThere are circumstances where it is permissible to include tax debts in a bankruptcy filing. This often makes a significant difference in the amount of relief to the client and the timing of the filing should be closely monitored.
Generally,…
Motion To Claim Exempt Property
BankruptcyWhen a personal finance matter turns into a legal matter, it’s time to act quickly. Our firms routinely assists clients who have received a Motion To Claim Exempt Property. Most clients are confused by the language used in the motion, and…
Can I Keep My Home?
BankruptcyThe North Carolina Homestead Exemption
Most people who call me about filing a bankruptcy in Charlotte want to know what will happen to their home if they file. Fortunately, the answer is usually a good one. North Carolina has something called…
Bankruptcy and Your Home
BankruptcyOne misconception about bankruptcy is that you cannot go through a Chapter 7 bankruptcy or a Chapter 13 bankruptcy and keep your home. Generally, provided the home does not have significant equity, this is simply not true.
The filing of…
Why You Need a Will
WillsThere are two primary reasons I recommend a Will. First, if you have minor children, a Will provides direction as to the care of those children after your death. Second, with a Will, a person has control over how and to whom his or her property…