elderly lady smiling

Suze Orman’s Horrible Advice: Hey, Girlfriend!

Written by Charleston Bankruptcy Lawyer, Russell A. DeMott Senior citizens have problems with debt just like everyone else.  Over the last couple of weeks, I’ve met with two sweet older ladies to discuss their financial problems. First things first The first thing I do when dealing with an older client is to determine what assets…

teamwork defined

7 Deadly Bankruptcy Sins

Written by Charleston Bankruptcy Lawyer, Russell A. DeMott You may think the bankruptcy process consists of dumping information into your bankruptcy lawyer’s lap and having all your problems quickly solved. Not so. A successful bankruptcy is a team effort between you, your bankruptcy lawyer, and the lawyer’s staff I tell clients they should expect to…

bankruptcy in newspaper

Will My Bankruptcy be in the Newspaper?

Written Charleston Bankruptcy Lawyer, Russell A. DeMott Your bankruptcy filing will not appear in your local newspaper. About once a month I get asked about this.  Clients believe that the local newspaper reports bankruptcy filings for individuals.  It doesn’t. It’s understandable that clients are worried about this bankruptcy myth.  Bankruptcy is viewed as financial failure…

James Moroney bankruptcy lawyer

A Nod to Bankruptcy Lawyer James Moroney

Written by Charleston Bankruptcy Lawyer, Russell A. DeMott James Moroney’s bankruptcy site is a “must visit” if you need information about consumer bankruptcy.   The site, consumerbankruptcytutor.com, is a sort of video equivalent of the Charleston Bankruptcy Blog. Missouri attorney James Moroney explains bankruptcy basics in a multitude of videos–in fact, over seven hours of…

bankruptcy and your credit score--confusion

Meeting Your Bankruptcy Lawyer

Written by Charleston Bankruptcy Lawyer, Russell A. DeMott “Meeting Your Bankruptcy Lawyer.”   True, maybe I’ll be your bankruptcy lawyer, but I really don’t like the title of this post.   It could just as well be, “Meeting Your Financial Messes Lawyer,” or something along those lines. Why? Because I may not recommend bankruptcy to…

angry woman who did not disclose assets in bankruptcy

What’s an Asset in Bankruptcy?

Written by Charleston Bankruptcy Lawyer, Russell A. DeMott When you meet with your bankruptcy lawyer, you’ll have to fill out a fairly lengthy questionnaire about your finances.   Among other things, you’ll need to tell your lawyer about your assets–property you have which must be disclosed, valued, and, if possible, claimed as exempt. Some assets…