Not everyone qualifies for Chapter 7 bankruptcy. Though most people meet the income requirements, there is a limit to how much you can earn. Chapter 7 requires you to pass a means test that measures if your family income falls under South Carolina’s median income....
Serving Clients Throughout Upstate South Carolina
Serving Clients Throughout Upstate South Carolina
Month: August 2022
How could bankruptcy help me avoid foreclosure?
If you run into severe financial problems and begin receiving warning letters or notices about foreclosure, bankruptcy may help you keep your home. As described by Bankrate.com, after filing a bankruptcy petition, creditors may no longer contact you because of the...
Outstanding medical debts may require bankruptcy for relief
Medical emergencies leave many Americans with unmanageable debts. Individuals who experienced an unexpected illness may have taken time off from work to recover. An inability to return to work soon enough, however, could cause significant harm to a household budget....
Filing for a secondary service corrected disability claim
It is common for military veterans who suffer from a disability due to their service to file for a disability claim. However, many of these service people develop other disabilities in the future related to their service. In that case, it is possible to file for a...