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

March 2013 Archives

Making the most of one's South Carolina bankruptcy filing

For South Carolina consumers who are facing a personal bankruptcy filing, it is important to understand that bankruptcy is not a one-size-fits-all solution. There are several different forms of bankruptcy from which to choose, and the pros and cons of each are unique. When moving forward in the process, the first step is determining which type of bankruptcy offers the best mix of benefits and protections.

Chapter 13 bankruptcy can save consumers from scams

When a South Carolina homeowner is facing severe financial difficulties, the response is to seek assistance in gaining control of debt. Some will file for Chapter 13 bankruptcy, while others seek loan modifications. This fact is well-known to scammers, and a multitude of scams have grown around the loan modification industry. The issue has become so prevalent that the office of the Attorney General recently issued a warning to consumers, following two separate legal actions taken by the AG against companies offering such services.

Bankruptcy can save borrowers from "zombies"

When a South Carolina homeowner is experiencing severe financial trouble, one of the first concerns involves whether to let one's home go into foreclosure. For many, existing debt levels are so as to make walking away from their home seem like the best possible option. One recently published piece, however, warns that it may not be so easy. It appears that 'zombie' foreclosures are on the rise, and homeowners should be aware of the risks associated with allowing a home to go into foreclosure versus staying in the property under Chapter 13 bankruptcy protection.

How an inheritance can affect a Chapter 7 bankruptcy

For many South Carolina consumers, the timeframe leading up to filing for bankruptcy can be hectic and stressful. For some, a death in the family adds to that stress. When an inheritance is expected just prior to filing for Chapter 7 bankruptcy, many people are unsure how that change will affect their overall financial scenario, and whether or not they will be able to keep their inheritance once the bankruptcy process begins.

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
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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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