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

January 2013 Archives

Poker star Erick Lindgren files for Chapter 7 bankruptcy

South Carolina poker players may know the name Erick Lindgren. The professional poker player was once at the top of his field, but is recently in the news for another reason. The poker champion, with more than $8.5 million in live tournament winnings, filed for Chapter 7 bankruptcy protection in 2012 after lengthy financial struggles.

South Carolina Chapter 7: Dairy files for protection

For many South Carolina business owners, financial troubles signal the beginning of necessary decisions concerning the fate of their company. Bankruptcy can be a responsible solution for owners currently experiencing financial troubles in their business dealings. The decision to file for Chapter 7 has finally come for the Golden Guernsey Dairy in another state. The company abruptly closed its doors recently, and a bankruptcy process will soon begin the process of overseeing the liquidation of the company's assets. The Chapter 7 filing reveals the dairy has over 200 creditors and liabilities up to $50 million.

Carolina medical bills could be reduced with bankruptcy

South Carolina families have probably been subjected to high medical bills at some point in their lives. While most families are able to manage, sometimes a serious illness results in a staggering amount of medical bills, often creating a dire financial situation. Those affected may gain by understanding their legal rights and securing the help that is readily available to them. Unpaid medical debt can result in harassing collection calls and poor credit ratings if the bills are not paid.

Ban could reduce South Carolina student's credit card debt

Although many South Carolina college students are financially responsible, credit card debt can quickly add up, especially when it comes time to purchase books and pay miscellaneous expenses related to school. Many parents struggle to pay everything associated with college, so many students often take jobs or even seek out credit cards to help them. However, credit card debt can make it difficult for students once they graduate, especially if the amount is high enough.

South Carolina medical debt: Faith helps sick mother and daughter

An unexpected illness can quickly rack up debt for South Carolina residents. If the illness turns out to be long-term or chronic, the financial effects could be devastating. One woman experienced this after she received a breast cancer diagnosis. Her medical debt adds up each month anywhere from $300 to $5,000. In addition, the woman has a sick daughter, requiring even more money to go towards medical bills each month.

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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
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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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