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SOUTH CAROLINA
BANKRUPTCY ATTORNEY

South Carolina debt relief: Bankruptcy can help with finances

The economy and job loss has affected Columbia residents and people across the nation. Fortunately, people can seek debt relief through bankruptcy protection. Doing so can offer the chance to discharge many of one's debts and receive a fresh financial start. Anyone has the ability to seek debt relief because financial problems can strike anyone, at practically any income level.

Gary Dourdan, a well-known actor who was on the hit drama "CSI: Crime Scene Investigation," has recently filed for bankruptcy. Records show that while he has about $1.8 million in assets, his debts total about $1.73 million. He currently owes money on his mortgage and other sums of money to banks. It is estimated that Dourdan only has about $200 in cash on hand and $3,000 in a bank account. He has approximately $4,000 in furniture, a small collection of books, clothing worth about $1,500, watches and a Dodge Charger estimated to be worth about $7,000.

His disposable income is a little over $300 per month because he shells out almost $15,000 a month in bills. Dourdan has stated he will likely receive more acting gigs in the future which could help pay off some of his debts. It is believed Dourdan was fired from CSI after a contract dispute and has had some trouble with the law in the past.

With the bankruptcy filing and the potential for new jobs in the future, he is hopeful that he will be able to pay off the rest of his debts. Anyone may need to seek debt relief due to a difficult financial situation. Columbia residents struggling to pay their bills may find that bankruptcy is often a responsible solution that affords an individual to confront outstanding debt while laying the groundwork for a return to financial security.

Source: NewsOne.com, "Gary Dourdan Broke: CSI Star Gary Dourdan In Financial Hole, Files Bankruptcy," Ruth Manuel-Logan, Nov. 13, 2012

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

Florence, SC 29501

Phone: 843-679-0077
Fax: 843-679-0667
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