On behalf of Reed Law Firm, P.A. | Jan 21, 2021 | Bankruptcy
It may come as no surprise that dealing with extended periods of monetary strain can be an exceedingly harrowing experience. Issues with debt may not only leave you suffering a lesser quality of life, but such challenges could also affect your future by disrupting...
On behalf of Reed Law Firm, P.A. | Nov 27, 2020 | Bankruptcy, Credit Card Debt
Every year, most Americans anticipate spending hundreds of dollars on gifts, celebrations and food during the holiday season. However, 2020 will be the biggest year for holiday spending as sales grow rapidly for the holidays. According to a survey from Magnify Money,...
On behalf of Reed Law Firm, P.A. | Nov 9, 2020 | Bankruptcy, Chapter 13, Chapter 7, Debt Relief
A new rule by the Consumer Financial Protection Bureau (CFPB) – which was initially created to protect consumers – tilts the playing field in favor of debt collection agencies. Under the new rule, finalized Nov. 4, bill collectors can contact you not just by phone but...
On behalf of Reed Law Firm, P.A. | Sep 17, 2020 | Bankruptcy
It is not uncommon for people to grapple with the idea of filing for bankruptcy. Most Americans find it difficult to admit they can’t simply fight their way out of financial trouble through planning, perseverance and hard work. Unfortunately, debt has a way of...
On behalf of Reed Law Firm, P.A. | Sep 11, 2020 | Bankruptcy
One common reason that people want to avoid bankruptcy is the prospect of losing their possessions. Among those they are most afraid of giving up is their vehicle, since getting to work and other places is difficult without it. If you find yourself needing to file...
On behalf of Reed Law Firm, P.A. | Jul 17, 2020 | Bankruptcy
Alongside the health crisis the COVID-19 pandemic has caused in the U.S., there is an economic crisis. Social distancing rules imposed in South Carolina and nationwide to slow the spread of the virus put millions of people out of work. While many workers furloughed...
On behalf of Reed Law Firm, P.A. | Jul 14, 2020 | Bankruptcy, Chapter 13, Chapter 7, Debt Relief
Depending on the chapter of bankruptcy, your bankruptcy filing will be on your credit report for up to a decade after filing. This leads many to believe that bankruptcy will do permanent damage to their credit score and that their credit score will cut them off from...
On behalf of Reed Law Firm, P.A. | Jul 6, 2020 | Bankruptcy
Many people who file bankruptcy only need to go through proceedings once to reorganize their finances. Yet, you may find yourself in dire financial straits after your initial filing. Bills may have kept piling up, and your income might not have kept pace with your...
On behalf of Reed Law Firm, P.A. | Apr 17, 2020 | Bankruptcy
There is a lot of misinformation surrounding bankruptcy. You may be reluctant to seek this form of debt relief based on things you have seen or heard. However, filing for bankruptcy may be the best way to help you get on the path to a brighter financial future. You...
On behalf of Reed Law Firm, P.A. | Mar 27, 2020 | Bankruptcy
As the old saying goes, taxes are one of the only things guaranteed in your life. And while you may accept that you must give part of your income to the government, life sometimes makes giving away that money difficult. Whether you had unexpected medical bills or just...
