Many people struggle with money in South Carolina. If you are one of them, you might be considering bankruptcy. Two common options are Chapter 7 and Chapter 13. Each has its own set of benefits and considerations. Eligibility Liquidation bankruptcy is another term for...
Serving Clients Throughout Upstate South Carolina
Serving Clients Throughout Upstate South Carolina
Bankruptcy
Can you file for bankruptcy without involving your spouse?
When facing debt challenges, you may wonder if it is possible to file for bankruptcy without having to include your spouse in the process. After all, it is understandable to want to protect your partner from unnecessary difficulty or financial harm. To navigate these...
Can filing for bankruptcy put an end to wage garnishment?
Many people see bankruptcy as a potential solution to financial distress. Many who are considering filing for bankruptcy also wonder if it can halt the wage garnishment process. Understanding the relationship between bankruptcy and wage garnishment is important for...
How the bankruptcy means test determines Chapter 7 eligibility
For South Carolina residents considering Chapter 7 bankruptcy, the means test helps determine eligibility. This test assesses whether a debtor's income falls below a specified threshold. If it does, the individual may pursue Chapter 7 bankruptcy. Understanding how...
Can you keep your assets in South Carolina bankruptcy?
Facing financial difficulties can be overwhelming. For some individuals in South Carolina, filing for bankruptcy becomes a viable option. Understanding the fate of your personal assets during this process can inform your next steps. Types of consumer bankruptcy...
Medical debt among the top causes of bankruptcy filings
In the complex landscape of personal finance, one issue stands out as a common and devastating problem: medical debt. Healthcare costs in the United States are often exorbitant, leaving many individuals and families struggling to manage their medical bills. As a...
Tips to consider in your post-bankruptcy life
You did not regret filing for bankruptcy. All along, you understood that doing so would provide you with a fresh financial start. Now, you also know that you must adhere to a new outlook – one that steers you into a new direction and away from the old habits that got...
Should you exhaust your savings before filing for bankruptcy?
When you are struggling with financial stress and bills that exceed your income, you might consider filing for bankruptcy. In the decision process, you might wonder if you should exhaust your savings before you file. Understanding how your savings account applies to a...
Signs it is time to file for bankruptcy
Financial stability is an essential part of life, and managing money wisely is key to maintaining it. However, unexpected circumstances like job loss, medical emergencies or business failure can lead to overwhelming debt. When debt becomes unmanageable, and you find...
Is it time to file for bankruptcy?
In a world of financial uncertainty, it is not uncommon to feel overwhelmed by debt. Whether it is due to a sudden job loss, medical expenses or a series of unfortunate financial decisions, debt can quickly become a source of significant stress. Before you make any...