Filing Bankruptcy and My Security Clearance

Written by Charleston Bankruptcy Lawyer, Russell A. DeMott Let’s face it. Military families are not immune to financial problems. Here in the Charleston, South Carolina area, there’s a strong military presence with the Charleston Air Force Base and the Naval Weapons Station. And let’s not forget that Charleston is a Coast Guard Sector as well.…

Domestic Support Obligations in Bankruptcy (Part Three)

Written by Charleston Bankruptcy Attorney, Russell A. DeMott In parts one and two of “Domestic Support Obligations in Bankruptcy,” I explained what a domestic support obligation was and that it’s something you can’t discharge in bankruptcy, regardless of whether you file a Chapter 7 or Chapter 13 bankruptcy. In this post, I’ll address the how…

Can Creditors Take My Retirement Funds? (Part Two)

Written by Charleston Bankruptcy Lawyer, Russell A. DeMott In “Can Creditors Take My Retirement Funds ? (Part One)” I discussed the protection offered under both state and federal law for retirement assets such as pensions, 401(k)s, and IRAs.   As I noted in that post, retirement assets are–almost always–fully protected from the reach of creditors…

New Bankruptcy Median Income Figures Effective November 1, 2009

Written by Summerville Bankruptcy Lawyer, Russell A. DeMott If you need to file bankruptcy, you must first determine whether you are above median income for the state in which your live.   Unless your debts are primarily business debts, this  determines whether or not you must complete the means test portion of the bankruptcy schedules…