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

November 2016 Archives

Bankruptcy may assist South Carolina residents with medical debt

Many factors can contribute to individuals having a difficult time staying on top of their finances. Medical debt is a common reason that individuals in South Carolina and across the country find themselves overwhelmed financially. For individuals facing such a situation, considering bankruptcy may be a prudent step to take in hopes of getting back on track financially.

Some South Carolina residents may find Chapter 7 useful

Once the decision to file for bankruptcy has been made, many individuals may feel a weight being lifted. Making such a decision can be the first step toward a fresh financial start and new outlook on life. South Carolina residents may be interested in a recent case currently taking place in another state, involving one man's Chapter 7 filing.

Will bankruptcy affect my student loans?

For people who are not able to pay all of their bills, bankruptcy can provide a way to get a fresh financial start. A large number of Americans have enrolled in higher education and the student loans they have had to take out in order to pay for their education can take up the vast majority of their income. This can be especially true once they have to begin making student loan payments. In situations like these, one might wonder if bankruptcy will provide relief from student loan debt as it would other forms of debts.

Chapter 7 may not negatively affect South Carolina credit scores

Many individuals may have been in tough financial situations that left them contemplating their debt relief options. South Carolina residents with substantial debt may have wondered whether Chapter 7 bankruptcy could be right for them, but they may also fear that taking such a route could negatively affect their credit scores. However, discharging debt through bankruptcy could potentially help increase scores. 

South Carolina residents may worry over medical debt

Being in need of medical care and fearing the costs associated with that care is a scenario that too many individuals face. In many cases, South Carolina residents take the steps toward bettering their health only to face severe stress over the related expenses that leave them wondering how they will handle the costs. There are various steps individuals can take to address their medical debt, and bankruptcy may be worth considering. 

Business problems may affect South Carolina residents

Filing for bankruptcy can be a significant step toward handling considerable financial issues. South Carolina residents may be interested in one man's case currently taking place in another area. Reports stated that the man is the owner of a mall, and the property was up for sheriff's sale until the man recently filed for Chapter 7 bankruptcy. 

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Reed Law Firm, P.A.
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Reed Law Firm, P.A.
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