Written by Charleston Bankruptcy Lawyer, Russell A. DeMott Okay. I admit it. The title’s a bit blunt even for me. But this was one of the Google searches that brought a potential client to my site. I feel a bit guilty for not answering this question yet, so this one’s for the…
Written by South Carolina Bankruptcy Lawyer, Russell A. DeMott What Are South Carolina Bankruptcy Laws? From time to time clients ask me about filing bankruptcy under “South Carolina bankruptcy laws.” It’s logical for them to ask this question because they live in places like Mt. Pleasant, Goose Creek, Summerville, or Charleston, South Carolina. …
Written by Charleston Bankruptcy Lawyer, Russell A. DeMott There’s a term you hear in the car business all too often: “upside down.” You’re upside down on your car loan when you owe more than the car’s worth. With a procedure available in Chapter 7 bankruptcy called “redemption,” you can use this to your…
Written by Summerville Bankruptcy Lawyer, Russell A. DeMott Last year over a million people filed bankruptcy. Here’s a breakdown of the demographics of those filers.
Written by Summerville Bankruptcy Attorney, Russell A. DeMott If you’re considering filing bankruptcy, you need to know what bankruptcy can do for you. You also need to have a clear understanding of what bankruptcy cannot do. Some conduct can result in the bankruptcy court refusing to discharge your debts. Some debts are dischargeable,…
Written by Charleston Bankruptcy Lawyer, Russell A. DeMott The Bankruptcy Code requires debtors to list all debts in their bankruptcy paperwork (called “schedules”). You cannot pick what debts to include in your bankruptcy and what ones to leave out. This is true for both Chapter 7 and Chapter 13 bankruptcy. I often hear…
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