A sudden illness or injury that results in a trip to the hospital can significantly hurt your financial health if you do not have the funds to cover the medical bills or health insurance. Unfortunately, millions of Americans are also suffering from medical debt. In fact, a recent study found…
Hiring a bankruptcy lawyer can be a crucial step when you are facing financial distress and considering filing for bankruptcy. Below are several benefits of seeking professional legal representation in such circumstances. To discuss your specific situation and options, reach out to our bankruptcy lawyer at Reed Law Firm as…
Student loans are excellent investments for your future. However, they can also be a massive burden if you end up struggling to pay them. Just ask the millions of people in the U.S. who are also struggling with their student loan debts. You can regain control of your finances and…
Whether you are thinking of filing for a Chapter 7 or Chapter 13 bankruptcy to manage your financial health, your primary goal is to have as much of your debt discharged or wiped out so you can take back control of your finances. Once your debts have been wiped out,…
Millions of people will face financial challenges and consider filing for bankruptcy at some point in their lives. While the mere idea of filing for bankruptcy might seem stressful, it can restore your finances and let you build a more stable financial foundation for you and your family. The benefits…
If you fail to make your monthly mortgage payments for 120 days or more, your lender or their servicer can initiate a foreclosure. This legal process will give your lender the power to sell your home. They will use the proceeds from the sale as repayment for your loan. Most…
The ability to keep credit cards while filing for bankruptcy depends on several factors, including the type of bankruptcy you’re filing, the terms of your credit card agreements, and the discretion of the bankruptcy court. Below is a breakdown of the key considerations regarding bankruptcy and credit cards. For personalized…
Bankruptcy is a significant financial decision that can have lasting implications on your credit score and financial future. While it provides a way for individuals overwhelmed by debt to get a fresh start, it may also come with consequences, particularly for your credit score. Here are some ways that bankruptcy…
Dealing with medical debt can be an overwhelming and stressful experience. Fortunately, South Carolina has laws and regulations in place to protect consumers from aggressive or unfair medical collections practices. Understanding your rights and protections regarding medical collections in South Carolina can help you navigate this challenging situation with confidence….
Facing overwhelming debt can place strain and stress on virtually every area of your life. If you are struggling with balances that you can no longer manage on your own, you could feel discouraged, assuming that there is no way out for you. Thankfully, debt problems...
If you owe a significant amount of debt, you know that this can impact multiple areas of your life. You will experience the stress and strain that comes from knowing you owe more money than you can pay, and you may not believe that you can ever catch up on your own....
For consumers overwhelmed by debt and past-due balances, it can seem like there may be no way out. Dealing with debt may be an insurmountable issue, which is why many people choose to seek the protection of bankruptcy. This option can provide an applicant with a way...
Owing a significant amount of debt can be a burden on your life. You may find that your financial struggles carry over into other areas, and you could be facing the additional stress of debt collectors, notices from creditors and constant pressure to pay. You might...
There might be few things in life as stressful and harrowing as going through extended periods of monetary unrest. The trials of debt could affect your life in various ways, and while there might be a variety of steps to take to pursue much-needed financial relief,...
Financial challenges can arise under a multitude of scenarios, and sometimes it might not be easy to keep debt at bay. Issues with debt can gradually build with time or seem to appear overnight, and the fallout thereof may have a lingering impact on your life and...
There may be many individuals who have clear goals and ideas about what they want for their futures. Setting long-term goals can be an integral component to helping you pursue important milestones in life. While you might not want to let anything stand in the way of...
Bankruptcy is a tool available to South Carolinians overwhelmed by debt. It can help you and your family get out from under the burden of mounting interest and principal and start fresh. However, bankruptcy itself is not free. Filing fees and credit counseling To...
The pursuit of financial stability is a goal that many individuals in South Carolina may share, but things might not always go as intended. Sources of monetary unrest can come in numerous fashions, each of which may place significant strain on your finances and leave...
