fair debt collection

Know Your Rights Under the Fair Debt Collection Practices Act

Guest Post Written by Sergei Lemberg, Fair Debt Collection Practices Act Lawyer Debt Collector Calling? Know Your Rights! Since the Great Recession began in 2008, debt collectors have been working overtime. Between falling real estate values and rising unemployment, consumers have had less money to pay their bills. From the debt collector’s perspective, it’s no…

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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…

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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…

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My Bankruptcy Friends (and Acquaintances)

Written by Charleston Bankruptcy Lawyer, Russell A. DeMott As a bankruptcy lawyer, I–surprise, surprise–meet other bankruptcy lawyers.  In fact, I meet other lawyers from all over the country.  I’ve also come across other lawyer’s websites and blogs, and thought it might be helpful to my readers to pass along these resources. Lex Rogerson is a…

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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…

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bankruptcy and your credit score--confusion

Bankruptcy is GOOD for Your Credit Score!

Written by Charleston Bankruptcy Lawyer, Russell A. DeMott Bankruptcy is GOOD for your credit score! “Wait a second!” you say, “bankruptcy ruins your credit for 10 years.  Everyone knows that!”  False. People come to me with preconceived ideas about bankruptcy.  Some even show up and proclaim, “I’m not here to discuss bankruptcy.” If you ask…

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mystery man--debt buyers

Debt Buyers Must Prove They Own the Debt

Written by Charleston Bankruptcy Lawyer, Russell A. DeMott Debt buyers claim they have the right to collect for the original creditor.  But do they? You couldn’t pay that credit card debt a few years ago, and so you stopped paying it.  MasterCard called for a while, but the calls eventually stopped.  Now, Shark Collections called…

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Bankruptcy Experiences of Clients #5

Written by Charleston Bankruptcy Lawyer, Russell A. DeMott I met these clients after they moved to the Charleston area from up north.  Prior to moving to South Carolina for employment opportunities, they spent considerable time trying to sell their home.  Working through the HAMP (Home Affordable Modification Program) proved futile, and they simply ran out…

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woman looking up relieved

What’s the Discharge Injunction in Bankruptcy?

Written by Charleston Bankruptcy Lawyer, Russell A. DeMott The holy grail of the bankruptcy process is the bankruptcy discharge. If you call your doctor and tell her you have a discharge, I don’t care where it’s coming from, it will be a bad thing. Not so in bankruptcy.  The discharge is a good thing. And…

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