North Carolina Bankruptcy Law

Considering filing bankruptcy in North Carolina? You need to understand North Carolina bankruptcy law and exemptions.

As on overview we have listed some of the main exemptions, links to the federal courts serving North Carolina, and some filing statistics for North Carolina.

North Carolina Exemptions

$35000 ($60,000 for person 65 or older who is a surviving joint owner)
Debtor's aggregate interest in real or personal property, including a cooperative, used as residence by debtor or a dependent, or in a burial plot for debtor or dependent

$3,500
Debtor's interest in 1 motor vehicle


This is just and overview and there is a detailed list of the North Carolina Bankruptcy Exemptions.

North Carolina Bankruptcy Courts

If you need more information about the North Carolina Federal Bankruptcy Courts you can click on the link for your district.

  • North Carolina Middle District
  • North Carolina Eastern District
  • North Carolina Western District

  • North Carolina Filing Statistics

    Here are the counties in North Carolina with the highest amount of bankruptcy filings.

    Year - County
    Total
    Ch7
    Ch13
    2012 WAKE
    2355
    987
    1353
    2012 MECKLENBURG
    1850
    1163
    684
    2012 GUILFORD
    959
    482
    477
    2012 CUMBERLAND
    820
    250
    570

    You can see the information for all counties by visiting the North Carolina Chapter 7 and Chapter 13 bankruptcy filings by county page.

    Here are the most recently available statistics for monthly bankruptcy filings in North Carolina.

    Year - Month
    Total
    Ch7
    Ch13
    2013 June
    1428
    591
    836
    2013 May
    1602
    694
    904
    2013 April
    1652
    726
    926
    2013 March
    1760
    802
    956
    2013 February
    1495
    627
    866
    2013 Janunary
    1412
    556
    854


    You can see more data by visiting the North Carolina Personal Bankruptcy Filing Statistics page.

    If you have question about filing bankruptcy please visit our Frequently Asked Questions Page or schedule a free consultation with a local attorney.