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 2013 Archives

A debt relief option that may be a scam in South Carolina

Homeowners that are seeking to have their mortgage debt reduced should beware of potential scams from phone solicitors. Homeowners in a nearby state have apparently been scammed by a company that promised a debt relief option to lower their mortgage based on the value of the home. South Carolina consumers may want to be alert to similar scams perpetrated in our state.

Clearing credit card debt using retirement savings a bad idea

In a struggling economic climate, it is easy to be worried about mounting debt and understandable to seek out any means to pay it down. But experts warn that trying to tackle credit card debt by digging into retirement savings might not be the best idea. South Carolina residents considering this option are urged to learn more about other available courses of action before ransacking their golden years nest egg.

Credit card debt awaits those who fall for prepaid cards

In a struggling economy, it is tempting to find alternative solutions to cash flow that do not, at least on the surface, contribute to existing debt. But experts warn that credit card debt can still arise from the use of so-called "prepaid" cards. South Carolina residents seeking to keep their balances low may benefit from researching these options carefully prior to committing to any kind of card plan.

Helping children deal with credit card debt can be complicated

Young people are not always the most fiscally responsible people on the planet, as many parents are keenly aware. For some South Carolina families, the initial desire to support a child who has accrued credit card debt may seem tempting. However, it is important for parents and children alike to understand the responsibilities involved in dealing with debt of this type.

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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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