Reed Law Firm, P.A. - bankruptcy

Columbia: 803-807-2565

Florence: 843-536-0073

May 2019 Archives

What is the Chapter 7 means test?

Chapter 7 bankruptcy is one of the most popular bankruptcy chapters among consumers. This is because the process is over very quickly in comparison to other options. In addition, Chapter 7 bankruptcy filers tend to benefit from large debt discharges.

Are there benefits to going through foreclosure?

Struggling financially and living beyond your means can feel very stressful, and you may spend a significant amount of time thinking about how you can get yourself out of the situation you are in. If you have been missing your mortgage repayments, you may also have received threats of foreclosure from your bank.

Changing your lifestyle to fight credit card debts

Certain chapters of our life can be busy and stressful, and instead of being mindful of the way in which we spend our money, we can easily become complacent. The availability of credit cards makes it easier than ever for consumers to spend money that simply isn't theirs. This can spiral out of control if it is not properly managed.

Hiding from repossession can double your trouble

Your vehicle is an important part of your life. More than a convenience, your car gets you to and from work, allows you to keep your appointments, and provides a way to transport your family to the places they need to be. Without your vehicle, you may have no choice but to find other options, some of which are expensive and others, embarrassing.

Why Chapter 13 bankruptcy could be the right choice for you

If you are struggling with debts that you see no way out of, you may be considering the possible benefits of bankruptcy. The bankruptcy process subjects the debtor to the rules of the bankruptcy court, which allows for special actions that can benefit them, such as relief from creditor actions and debt discharges.

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Columbia Law Office
220 Stoneridge Drive, Suite 301
Columbia, SC 29210

Phone: 803-807-2565
Fax: 803-726-4887
Columbia Law Office Map

Florence Law Office
1807 West Evans Street, Suite B
Florence, SC 29501

Toll Free: 843-536-0073
Fax: 843-679-0667
Florence Law Office Map