bankruptcy and term or whole life insurance

How the CARES Act Can Help with Student Loans

The Coronavirus Aid, Relief, and Economic Security Act was signed into law by the President on March 27, 2020.  The CARES Act suspends the collection of student loans owned by the federal government, including interest, through September 30, 2020.  It does not apply to student loans that are not owned by the Department of Education. …


Strategies for Dealing with Student Loan Debt

Student loan debt has long been a cause of great annoyance to personal bankruptcy lawyers. Many of my Charleston area clients struggle with student loan repayment. As I have discussed before in this blog, bankruptcy courts in South Carolina interpret the Bankruptcy Code to limit the circumstance in which you can use bankruptcy to eliminate…


5 Things to Know if You Have Tax Debt

We’re seeing more and more situations here in the Charleston area in which people have “tax messes.” Here are some things to keep in mind about tax problems. 1. File your taxes on time. Failure to file is actually a crime. You may need an extension. If you can’t file on time, file for an…


We’re Moving!

We’ve been at our current location for five years now, but effective June 13, we’ll be relocating to 103 Grandview Drive, Suite B, in Summerville. We’ve shared space with the Steinberg Law Firm

Bankruptcy and Taxes: File Your Tax Returns!

  Tax debt can be discharged through bankruptcy, but you need to understand the rules. The key is filing your returns on time. I spend considerable time in my bankruptcy practice dealing with clients with tax debt. It’s common. And one common problem with these clients is that, all too often, they have not filed…

chapter 13 bankruptcy cars

Keeping Your Car out of Bankruptcy

I frequently hear clients say things like, “I don’t want to file bankruptcy on my car.” You “file on” all debts, but you need to understand what that means. As I tell clients, you must list all your debts when you file bankruptcy under any Chapter of the Bankruptcy Code. That does not, however, mean…

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Getting Bankruptcy Advice on the Internet

Getting legal advice on the internet can be difficult–and dangerous. The internet is a good source of information, but it can also be a place to pick up bad advice. Knowing enough to be dangerous Sometimes knowing nothing is a lot safer than knowing a little. Recently, I saw a question on the legal site…


How Much Will My Chapter 13 Payments Be?

Chapter 13 is known as a “payment plan” or “reorganization” bankruptcy for individual debtors. The purpose of a Chapter 13 is to repay as much to creditors as you can over a three to five-year period. The big picture answer First, think big picture. You have income, and you have expenses. The difference between the…