Reed Law Firm, P.A. is a federally designated debt relief agency. We proudly help people file for bankruptcy relief under the U.S. Bankruptcy Code.
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Giving You Hope For a Debt-Free Future

SOUTH CAROLINA
BANKRUPTCY ATTORNEY

April 2012 Archives

Tax debt relief services may be too good to be true

South Carolina residents who owe money to the federal government can be overwhelmed, so when tax debt relief firms offer easy ways to lower tax bills, it seems almost like a dream come true. The fact is, it may well be too good to be true. In civil lawsuits filed against these firms, authorities claim that consumers paid thousands of dollars to these companies with the promise of debt relief, but no relief was actually forthcoming. Many customers were disgruntled after services promised were never rendered.

Former NFL player files for Chapter 7 bankruptcy

From time to time, people in South Carolina fall on hard times and athletes are not immune to such circumstances. Former NFL star Warren Sapp filed for Chapter 7 bankruptcy on March 30. He apparently owes more than $6.7 million to creditors, as well as back child support and alimony.

According to new survey, auto loans trump credit card debt

South Carolina residents may be interested in a new study by Transunion that found American consumers tend to pay their car notes before credit card debt and mortgages. While consumers place their credit bills as a top priority, transportation tends to trump everything else. Although auto loans normally have significantly lower interest rates than credit bills, credit card debt loses to the importance of having an automobile to ensure Americans can get to and from work.

Credit card debt and foreclosure: A family's heartbreaking story

South Carolina families experiencing credit card debt may sympathize with a recent story making headlines. A family heavily in debt pledged to turn around financially and make positive money decisions. The change in attitude came when they found themselves in credit card debt by over $40,000. For them, the number represented a threshold that neither of them thought they'd ever cross.

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For more information or to schedule an appointment with an experienced lawyer regarding a bankruptcy filing, please contact us.

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COLUMBIA OFFICE
220 Stoneridge Drive,
Suite 301
Columbia, SC 29210
Phone: 803-807-2565
Fax: 803-726-4887
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FLORENCE OFFICE
1807 West Evans Street,
Suite B
Florence, SC 29501
Phone: 843-679-0077
Fax: 843-679-0667
Email | Map & Directions

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Reed Law Firm, P.A.
220 Stoneridge Drive,
Suite 301

Columbia, SC 29210

Phone: 803-726-4888
Fax: 803-726-4887
Columbia Law Office Map

Reed Law Firm, P.A.
1807 West Evans Street,
Suite B

Florence, SC 29501

Phone: 843-679-0077
Fax: 843-679-0667
Florence Law Office Map

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