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.
image description
Giving You Hope For a Debt-Free Future

SOUTH CAROLINA
BANKRUPTCY ATTORNEY

November 2013 Archives

Former pop star Aaron Carter files for Chapter 7 bankruptcy

No matter how much money a person might make in his or her lifetime, it is always possible that unwise financial decisions or forces beyond their control can result in a challenging financial situation. This seems to be the case for acclaimed pop star Aaron Carter, known to South Carolina fans as the younger brother of famed Backstreet Boy Nick Carter. Young Carter has recently filed for Chapter 7 bankruptcy ahead of a sizeable debt accrued over the last ten years.

Chapter 7 bankruptcy can lead to financial stability

Bankruptcy carries a heavy cultural bias in our society, but it is a bias that is rapidly losing its credibility in the face of a changing financial landscape. South Carolina residents may be tempted to believe a Chapter 7 bankruptcy filing is indicative of poor financial acumen and that those who once fell into debilitating debt will do so again. However, it is possible to break the cycle and use a bankruptcy filing as an opportunity to change financial habits and become more fiscally responsible.

Eyeglass manufacturer files for Chapter 7

A company best-known for its advances in eyeglass technology has had the foresight to file for bankruptcy following a period of economic downturn, according to business news. PixelOptics is known to South Carolina residents as a forerunner in electronic eyewear, the brainchild of renowned innovator Doctor Ron Blum. While the optician has not had a day-to-day hand in the running of his company in several years, it was his decision to file the Chapter 7.

Plastics manufacturer files for Chapter 7

Local business news recently announced that a renowned manufacturer of injection molding has filed for bankruptcy. South Carolina developers may be aware of Tarheel Plastics, LLC, which closed its doors several months ago and has since filed for Chapter 7 bankruptcy. It is hoped this move will allow the owners of the company to fulfill their financial obligations and move forward in a more positive financial direction.

Chapter 7 often a smart choice, experts say

It is tempting to imagine a bankruptcy filing as a desperate last resort in a financially dire situation. However, some experts are saying that simply is not the case. In fact, given the rate of Chapter 7 filings in South Carolina and elsewhere since the recession hit in 2008, it is plain to see that more people are viewing bankruptcy not as a failing, but as a tool to move towards financial stability.

Contact Us

For more information or to schedule an appointment with an experienced lawyer regarding a bankruptcy filing, please contact us.

image description

COLUMBIA OFFICE
220 Stoneridge Drive,
Suite 301
Columbia, SC 29210
Phone: 803-807-2565
Fax: 803-726-4887
Email | Map & Directions

FLORENCE OFFICE
1807 West Evans Street,
Suite B
Florence, SC 29501
Phone: 843-679-0077
Fax: 843-679-0667
Email | Map & Directions

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

image description

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

Reed office

‚Äč