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

May 2012 Archives

Experts warn students of credit card debt effects

While many young adults in South Carolina dream about going to college and finally experiencing freedom, finances can be a burden for some. Many students turn to credit cards to help finance their lifestyles while they are waiting to get a job. However, many experts warn against creating credit card debt because it can detrimentally affect people who need to build a strong credit history.

Considering bankruptcy choices

South Carolina residents struggling with debt may have considered bankruptcy. While it can be a good decision for many people, it is not without some drawbacks. Bankruptcy can help families wipe their financial slates clean and offer the opportunity to better manage their finances in the future.

'Octomom' files for Chapter 7 bankruptcy protection

Most South Carolina residents have probably heard of 'Octomom' Nadya Suleman and the chronicles of her constant struggles with money. Her money troubles have now led her to file Chapter 7 bankruptcy. Suleman is claiming she has up to $1 million in debt. She is seeking a fresh start and believes filing Chapter 7 bankruptcy is the best way to get it.

Medical debt can damage credit scores

South Carolina families experiencing medical debt may want to pay attention to a recent article making headlines. Paying these types of bills can be extremely confusing, especially with insurance and figuring out whom has to pay. These days, medical debt is quickly being turned over to collection agencies and has the potential to be a nasty surprise for someone who may find out later that their credit report is negatively affected by an unpaid medical bill.

Having a plan for credit card debt

The ease of pulling out a credit card and paying with it instead of cash has caused thousands of people living in South Carolina and elsewhere to get themselves tangled up in the mire of credit card debt. Paying with credit is convenient but can quickly lead to debt issues that have the possibility to spiral out of control. Knowing when to get serious about paying down credit card debt and how to begin the process is one of the first steps in reclaiming financial security.

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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, SC 29210
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Florence, SC 29501
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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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