How to file for bankruptcy in NC

Navigating your finances is not always an easy thing to do when facing changing economic and market factors. Just in the last 18 months the United States has faced economic shutdowns and job losses because of COVID-19 and inflation in the market has given rise to higher prices of food, gas, and other goods. Unemployment because of a loss of a business or employment position is still affecting thousands of people in the United States today. Even if COVID-19 didn’t affect one financially, other factors that cause hardship on one’s financial status may include student loans, medical expenses, divorce and separation, unexpected expenses, and poor choices and decision making related to spending and budgeting.

When deciding to file for bankruptcy, the decision should never be made quickly. One must understand the advantages, disadvantages, and financial alternatives. Research should be done on finding the right Greensboro Bankruptcy Attorney, NC Tax Lawyer, or Debt Lawyers. Knowing what type of bankruptcy chapter applies to you is important. Is it Chapter 7, Chapter 11, Subchapter V, or are you filing Chapter 13 in NC or other? If applying for bankruptcy, it’s key to know “How to file for bankruptcy in NC”.

The first thing to understand when filing for bankruptcy in NC is that bankruptcy is processed by a federal court not a state court. However, this doesn’t mean that NC laws and regulations do not impact bankruptcy cases filed in NC. For most individuals, they will either have a Chapter 7 or Chapter 13 Bankruptcy and for Businesses either a Chapter 11 or Subchapter V Bankruptcy filing.

When selecting bankruptcy as the primary option for financial relief, individuals and businesses will encounter the following steps:

  • Hiring a North Carolina Bankruptcy Attorney
  • Receiving Credit Counseling
  • Filing Petition Paperwork for Bankruptcy (includes documentation of assets, debts, expenses, wages, taxes, proof of credit counseling, and accounts)
  • Meeting with and working with a Bankruptcy Trustee
  • Attending a 341 Hearing (Meeting of Creditors)
  • Receiving judgement of whether the court accepts or denies the Petition for Bankruptcy
  • Proceeding with how to resolve or dissolve debt

At the Law Office of Stephen E. Robertson, we provide all the mentioned bankruptcy services as listed above as well as family law services. Stephen E. Robertson is a Bankruptcy and Family Law Attorney in Greensboro NC as well as a very reputable Greensboro Divorce Lawyer. He serves the following North Carolina counties: Guilford, Rockingham, Randolph, Forsyth, Davidson, Alamance, and surrounding communities. For more information, contact our office at