Written by Charleston Bankruptcy Lawyer, Russell A. DeMott South Carolina median income numbers for cases filed on or after November 1, 2012 are now in effect. They are as follows: Household of 1: $38,442 (down from $38,849) Household of 2: $49,523 (up from $49,363) Household of 3: $52,447 (up slightly from $52,428) Household of 4:…
Written by Charleston Bankruptcy Lawyer, Russell A. DeMott Once we decide a Chapter 13 bankruptcy is in your best interest, the next question you’ll probably ask is, “how much will my Chapter 13 payment be?”
Written by Charleston Bankruptcy Lawyer, Russell A. DeMott Homeowners’ dues can be an important consideration in your bankruptcy. And by “homeowners’ association dues,” I’m including condo dues and other dues–by any name–which must be paid as part of your regime. Unpaid dues are a lien on your property Whether you’ve filed bankruptcy or not, unpaid…
Written by Charleston Bankruptcy Lawyer, Russell A. DeMott Bankruptcy lawyers spend almost all their time dealing with the law as it is. After all, we’re not members of Congress. But as I deal with our bankruptcy law here in the U.S., I can’t help but wish it were different. Our bankruptcy law changed in 2005…
Written by Charleston Bankruptcy Lawyer, Russell A. DeMott The United State Supreme Court has held that a debtor cannot claim the auto ownership expense on the Bankruptcy Code’s means test unless the debtor has a payment on the vehicle. Ransom v. FIA Card Services, No. 09-907 (January 11, 2011). Prior to the Supreme Court’s decision,…
Written by Charleston Bankruptcy Lawyer, Russell A. DeMott What are “South Carolina bankruptcy laws?” Technically speaking, there really is no such thing as South Carolina bankruptcy law. But this doesn’t mean South Carolina law won’t affect your case. Our bankruptcy law is found in Title 11 of the United States Code and is…
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