If you seem to have less money nowadays than ever before, you may be a victim of high inflation. Indeed, according to the U.S. Congress Joint Economic Committee, average Americans are paying roughly $400 more per month for everyday items than they did in January 2021....
Serving Clients Throughout Upstate South Carolina
Serving Clients Throughout Upstate South Carolina
Year: 2022
Gross household income and qualifying for Chapter 7
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....
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...
What is a gray bankruptcy?
The term “gray bankruptcy” is shorthand for a bankruptcy by someone age 65 or older. Unfortunately, as the U.S. population continues to age, the number of gray bankruptcies likewise continues to increase. The main cause for this, as a survey conducted by the National...
My military records are gone—what now?
In 1973, the Military Personnel Records Center in Overland, Missouri caught fire, leading to the destruction of 16-18 million service member records. As result, many former service members have difficulty applying for Veterans Disability Benefits. Unfortunately, there...
Has a debt collector threatened you?
Debt collection is big business in the U.S. In fact, according to reporting from CNBC, there are more than 7,000 third-party debt collection organizations in the country. If you fall behind on your bills, any one of these may contact you to try to secure payment. As...
How does a foreclosure proceed in South Carolina?
South Carolina allows mortgage lenders to use the judicial foreclosure process. When borrowers default on loans, the U.S. Department of Housing and Urban Development requires lenders to mail them a demand notice. HUD.gov explains that borrowers receiving notices have...
Can you appeal a denial of VA disability benefits?
When you agreed to fight for your country, you carefully weighed the possibility of suffering a life-altering injury. Now that you cannot work, the U.S. government should live up to its end of the bargain. That is, you should be able to apply for and receive the...