Bankruptcy Lawyer Bryan W. Stone answers the question: “What are the pros and cons of bankruptcy?”
Filing bankruptcy can be the solution to your financial worries. If you are looking to get a fresh start and regain financial control, filing bankruptcy in Charlotte, North Carolina, may be exactly what you need.
Bankruptcy Lawyer Bryan W. Stone answers the question: “Will anyone find out about my bankruptcy?”
It’s a favorite of the media: coverage of financial difficulties for celebrities (and sometimes, semi-celebrities). We love watching them fly high and, so it seems, love watching when they come crashing back down to earth. One issue that is assured to get media attention is when a celeb (or quasi celeb) goes into bankruptcy or, even worse, gets accused of bankruptcy fraud. There are several recent examples, including a few of the “Real Housewives”, the rapper 50 Cent and most recently, Abby Lee Miller, star of the reality TV show “Dance Moms”.
Bankruptcy Lawyer Bryan W. Stone answers the question: “What are North Carolina’s exemptions?”
In the various stories we discuss on this blog, we frequently include warnings against hiding assets when filing for bankruptcy. One particular case this summer provides an illustration of precisely why doing so can land you in hot water—and prison.
Bankruptcy Lawyer Bryan W. Stone answers the question: “What is Chapter 7 Bankruptcy?”
While earning a salary of over $90,000 as chairman of the Illinois parole board four years ago, Adam Monreal signed numerous sworn documents in his personal bankruptcy proceeding reporting his annual salary as $38, 676.
Bankruptcy Lawyer Bryan W. Stone answers the question: “Will I lose my property if I file for bankruptcy?”
When Teresa Giudice’s name has appeared in the press for the last half-decade, it has usually not been uplifting press for the former “Real Housewives of New Jersey” star. Bankruptcy fraud convictions, millions owed in debt and a stint in the federal penitentiary have dampened the celebrity she once enjoyed as a reality star, and the hits just keep on coming.
Bankruptcy Lawyer Bryan W. Stone answers the question: “What is Chapter 11 Bankruptcy?”
The hits just keep on coming for Caesars Entertainment Corporation. The company is one of the largest gaming companies in the world, owning and operating over dozens of casinos and hotels including Harrah’s. It filed for Chapter 11 business reorganization bankruptcy in 2014 for $18 billion in debts but the case has been fraught with issues ever since: fraud, a 7-million page investigatory report, one very angry judge, and now, a ruling that an extramarital affair nullifies the entire report.
Charlotte Bankruptcy Lawyer Bryan W. Stone of Arnold & Smith, PLLC answers the question “What is the means test?”
The effect of getting a raise or losing your job after filing for bankruptcy depends on which type of personal bankruptcy you filed, and understanding what action to take is important. The temptation to not get around to reporting modest income increases, for example, can lead to your bankruptcy case getting thrown out of court, full responsibility for all debts and criminal fraud charges.
Charlotte Bankruptcy Lawyer Bryan W. Stone of Arnold & Smith, PLLC answers the question “What is a bankruptcy discharge ?”
A doctor who once ran a successful east coast anesthesiology practice that employed hundreds of physicians and his wife have been sentenced to a year each in federal prison for concealing assets in their failed 2008 bankruptcy.