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

August 2012 Archives

Columbia business owners: Bankruptcy could help save business

Many Columbia business owners have been affected by the current economic climate, and have suffered large financial losses since the beginning of the most recent recession. For some owners, plunging revenue combined with a slow economy forces them to make the decision to declare bankruptcy. Such is the case for a used car dealership that cited declining revenue as a reason for their recent Chapter 7 filing.

New hope for residents struggling with medical debt

South Carolina residents overwhelmed by medical debt could see help on the horizon. Some senators have joined together and penned a letter to the Consumer Financial Protection Bureau. The letter focuses on consumers affected by inaccurate information being provided to credit rating services. The information detrimentally affects people with medical debt, potentially hurting their job prospects and drastically lowering their credit ratings.

Olympic Champion Gabby Douglas' mother seeks debt relief

Throughout the 2012 Olympics, Gabby Douglas has been a name heard often by South Carolina residents. Recently, the 16-year-old won the all-around gold medal for gymnastics. However, her family is in the news now for an entirely different reason: bankruptcy. Douglas' mother recently sought debt relief in the form of a Chapter 13 bankruptcy filing.

Chapter 13: Becoming familiar with bankruptcy

Many people in Columbia and the rest of the nation can accumulate enough debt that becomes too large to handle. For people struggling under the weight of debt, bankruptcy can be a viable option. Although previous discussion has occurred on the types of bankruptcy out there, a recent article addressed the details of a Chapter 13 bankruptcy in depth. Becoming familiar with this type can help one discover which way might be best to recover from a dire financial situation.

Seeking South Carolina debt relief can stop debt collectors

Consumers possibly frustrated by aggressive debt collection practices are beginning to fight back by using lawsuits. Recent data shows that, even though consumer debt and bankruptcies are actually declining, the number of lawsuits against debtors is climbing. Many South Carolina residents who are frustrated with harassing phone calls from debt collectors seek debt relief through various means, including bankruptcy protection. Doing so can actually stop those types of phone calls and offer consumers the ability to gain a clean financial slate.

Contact Us

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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