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 2013 Archives

Potential medical debt relief for cancer patients in bankruptcy

When an individual is diagnosed with cancer, the shock of that news carries with it a variety of potential financial challenges. Treatment can mean time away from work, and will almost definitely mean additional costs associated with medical care. South Carolina residents facing a cancer diagnosis should take heart, however: there are many ways to help mitigate medical debt, including filing for bankruptcy to help reorder finances and reallocate funds to where they're most needed.

Bankruptcy still a potential support for students in debt

According to the latest statistics, students are in the process of slashing their outstanding debts. However, in South Carolina and elsewhere, many students are still defaulting on their student loans. Given the precarious nature of most students' finances, it may be helpful to look at bankruptcy as a potential way of keeping up on student loan payments: although bankruptcy won't excuse a student debt, it can help to mitigate other forms of debt and free up money to ensure delinquency isn't an issue in loan payments.

Chapter 7 filing can help students effectively manage debt

Student loans are getting heavier with each passing year, and the cost of living is not going down any time soon, either. With this in mind, it's valuable for South Carolina students to consider their options when it comes to debt recovery. There are a variety of ways for students to consolidate and otherwise erase their non-student debt, up to and including a personal Chapter 7 bankruptcy filing. While bankruptcy won't erase student debt under current law, it can help to ease the pressure and reallocate funds to where they'll do the most good.

World's first-dubbed supermodel files for Chapter 7 relief

If a debt is unsecured and there's no fraud by the consumer, it can be wiped out in a personal bankruptcy. That was something that celebrity-model Janice Dickinson, who dubs herself the world's first supermodel, must have looked into prior to filing her recent Chapter 7 bankruptcy. If you're filing in South Carolina or elsewhere, debts incurred for years of plastic surgery and anti-aging programs will normally be erased by bankruptcy. These are considered medical bills, which are usually always discharged in a Chapter 7.

Filing for bankruptcy in South Carolina can provide new start

Filing Chapter 7 bankruptcy can be a great opportunity for business owners to responsibly confront any unmanageable debt they have incurred. A recent story involving a trucking and logistics company has shown some of what the process entails and provides a good example for any South Carolina business faced with a similar situation. This was a solid company that ultimately recognized that bankruptcy protection was the best option to address the financial problems that arose.

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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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1807 West Evans Street,
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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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