Written by Upstate bankruptcy lawyer Däna Wilkinson
In a lot of ways, like much in life, what you get out of your bankruptcy depends on what you put into it. Bankruptcy can be a huge benefit. A Chapter 13 case can help you catch up on mortgage or car payments, or even child support payments. A Chapter 7 can discharge credit card debt, personal loans, and even payday loans. You can stop all the harassing phone calls, prevent or deal with law suits, stop wage garnishments, even deal with taxes in some cases. But often the outcome in a given case depends largely on the amount of time and effort spent putting the paperwork together, and handling your finances after the bankruptcy is filed.
Here's what I ...
Continue Reading »
Written by Upstate bankruptcy attorney Däna Wilkinson: If the wrong thing happens at the wrong time, anyone can face bankruptcy. That includes anyone, even doctors. And recently, those bankruptcy filings are rising as ...
Continue Reading »
“Actually, you probably don't need too much help, but let’s talk for a second”, is what I usually say. I have this telephone or email conversation all the time. In fact, I had ...
Continue Reading »
Written by Charleston Bankruptcy Lawyer, Russell A. DeMott
Creditors use harassment as a way to get you to pay.
Sure, there are laws against this. There's the Fair Debt Collection Practices Act ("FDCPA"), a federal ...
Continue Reading »
Written by Myrtle Beach Bankruptcy Lawyer, Allen Jeffcoat
In my Myrtle Beach bankruptcy practice I often talk to clients who are considering bankruptcy, but who are concerned about losing their home if they file ...
Continue Reading »
Two federal courts of appeal hold that Chapter 13 debtors who receive social security benefits do not act in bad faith by failing to contribute that income to their bankruptcy plans.
The 2005 bankruptcy law changes ...
Continue Reading »
Following up my recent post about mortgage help going unclaimed in South Carolina, I wanted to recommend colleague Cathy Moran's post about various options to get help with mortgage modification or mortgage counseling. ...
Continue Reading »
The Hardest Hit Fund was created by the Obama administration in 2010 to help those homeowners struggling with missed payments and foreclosure. South Carolina has received about $295 million from the federal government ...
Continue Reading »
This morning I couldn't resist clicking the link on my hometown newspaper's webpage: Olympic Gymnast Gabby Douglas' Mom filed for Bankruptcy. I was glad I did. Turns out that Mrs. Douglas filed ...
Continue Reading »
By Columbia - Lexington Bankruptcy Attorney Lex Rogerson
The Court of Appeals for the Fourth Circuit has decided the means test, the statutory formula for determining disposable income of consumer debtors, must take into ...
Continue Reading »
Written by Charleston Bankruptcy Lawyer, Russell A. DeMott
One of he most unpleasant parts about having financial problems is the calls from creditors. In my Charleston area practice, clients want to know whether they ...
Continue Reading »