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SC Bankruptcy Attorney Russ DeMott
South Carolina Bankruptcy Law and Information
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  • Home
  • About Russ
  • Get Help!
    • Privacy Policy & Terms of Use
  • Communities Served
    • Moncks Corner Bankruptcy
    • Mt. Pleasant Bankruptcy
    • Summerville Bankruptcy
    • West Ashley Bankruptcy
    • Charleston Bankruptcy
    • Goose Creek Bankruptcy
    • North Charleston Bankruptcy
    • Hanahan Bankruptcy
    • Walterboro & Colleton County Bankruptcy
  • Video Links
  • BLN Posts
  • Bankruptcy In-Depth
    • Bankruptcy Myths
    • A Chapter 7 Bankruptcy Trustee’s Perspective

Tag Archives: The Bankruptcy Trustee

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  2. Entries tagged with "The Bankruptcy Trustee"

Are Inherited IRAs Exempt?

Bankruptcy Exemptions (property you may keep)By Russell DeMottJanuary 29, 2014

IRAs enjoy significant protection from creditors and the bankruptcy trustee.  In fact, there are multiple statutory protections. Here in South Carolina–we’re an “opt out” state, so if you file bankruptcy here, you must claim South Carolina exemptions–we have at least three different IRA exemptions, and they all protect IRAs. But that wasn’t always the case. …

jewelry and sc bankruptcy

Will the Bankruptcy Trustee Take My Jewelry?

Bankruptcy Exemptions (property you may keep)By Russell DeMottAugust 25, 20112 Comments

Written by Charleston Bankruptcy Lawyer, Russell A. DeMott “The bankruptcy trustee will sell all your jewelry” isn’t an accurate statement about what happens when you file bankruptcy. Over the last few months, I’ve had a couple of clients with jewelry they valued at fairly high amounts or were uncertain about.  Because of this, I referred…

filing bankruptcy with your spouse summerville, south carolina

Filing Bankruptcy with Your Husband: “Stand by Your Man”

Bankruptcy MythsBy Russell DeMottDecember 10, 2010

Written by Charleston Bankruptcy Lawyer, Russell A. DeMott Filing bankruptcy when you’re married usually means both spouses filing together, but not always. The Bankruptcy Code is clear that even when a married couple files together, there are–almost always–two, separate bankruptcy “estates.”   That means the husband’s estate is one estate, and the wife’s is another.…

What is Chapter 13 Bankruptcy? (Part Two)

Bankruptcy Exemptions (property you may keep), Chapter 13 bankruptcyBy Russell DeMottApril 29, 2010

Written by Summerville Bankruptcy Lawyer, Russell A. DeMott Chapter 13 bankruptcy is all about payments.   As I’ve said before, the Chapter 13 bankruptcy trustee is happy if you “pay early and pay often.”   That’s true here in Charleston, and it’s the same in all other bankruptcy districts. But how much do you pay?…

bankruptcy--chapter 7 filing

Bankruptcy Experiences #2

Bankruptcy Experiences of ClientsBy Russell DeMottMarch 21, 2010

Written by Summerville Bankruptcy Lawyer, Russell A. DeMott During a recent bankruptcy hearing, one of our Charleston Chapter 7 trustees said, “I believe in life after bankruptcy.”   He said that to a very nervous debtor attempting to calm her nerves. What the bankruptcy trustee said was not only true, but it was an act…

Where is the Bankruptcy Court in Charleston?

First Meeting of Creditors/341 Hearing, The Bankruptcy TrusteeBy Russell DeMottNovember 11, 20091 Comment

Written by Charleston Bankruptcy Lawyer, Russell A. DeMott Whether you file a Chapter 7 or a Chapter 13 bankruptcy, you’ll have your bankruptcy hearing (also called a First Meeting of Creditors or 341 Hearing) in this building.   It’s the Sun Trust building on the corner of King and Queen Streets in Charleston. South Carolina…

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