Keeping Valuable Assets Under a Bankruptcy Filing
Not all bankruptcies are caused by high-interest credit card debt. For many South Carolina residents that come to the Reed Law Firm, P.A., secured and unsecured loans have become a burden for them. Unexpected medical problems, a pending divorce or a recent layoff has upended their lives and created a dire financial outlook.
As you fall further behind on an unsecured loan or one that is secured with household items — your house or your car — the stress builds and overly aggressive collection actions continue. For the fresh start you need through loan modifications and discharges, contact our Columbia based firm at 803-807-2565 or our Florence law office at 843-536-0073 today.
Stop the Stress and Creditor Intimidation with a Loan Modification
The attorneys at the Reed Law Firm, P.A. want you to know that you have options beyond giving up your valuable assets. You can take action and stop the endless calls from bill collectors seeking to intimidate you into paying your debts. A Chapter 13 bankruptcy filing stops the constantly ringing telephone and helps you keep your assets while only paying a portion of the debt.
Secure a Fresh Start Through Bankruptcy
If you qualify, a Chapter 7 filing can not only wipe out unsecured debt, but also loans that are secured with household items. Many clients fear that immediately following a bankruptcy filing, a large truck will back up to their house and take every possession they have. Not true. Bankruptcy protects you from harassing creditors and over-the-top collection actions. It is possible to keep your valuable possessions secured by loans while getting a fresh financial start.
Contact Us
For more information or to schedule an appointment with an experienced lawyer regarding secured and unsecured loan modifications, please contact us.
