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. | 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 19, 2019 | Chapter 13
Those who are struggling with debts while earning a significant income are usually overwhelmed by complex cashflow issues. For them, selling their assets may not be necessary because they have a sufficient income to pay off their debts. However, the high-interest...
On behalf of Reed Law Firm, P.A. | Jun 13, 2019 | Chapter 13
Anyone can find themselves in debt, especially when unforeseen circumstances arise. Therefore, filing for bankruptcy should never be a source of shame for anyone. In many ways, it is a commendable choice, because you are taking action to pay off your debts, thereby...
On behalf of Reed Law Firm, P.A. | May 2, 2019 | Chapter 13
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...
On behalf of Reed Law Firm, P.A. | Mar 22, 2019 | Chapter 13
People who are considering bankruptcy in order to gain a fresh financial start can easily become overwhelmed with the number of options available to them. There are many different bankruptcy Chapters, each with their own advantages and disadvantages. It is important...
On behalf of Reed Law Firm, P.A. | Feb 15, 2019 | Chapter 13
There are many options for those struggling with debt in South Carolina. Because of the many options available to you, you may be finding it difficult to know which way to turn. By learning about the pros and cons of your options, it is more likely that you will be...
On behalf of Reed Law Firm, P.A. | Jan 11, 2019 | Chapter 13
If you are struggling with debts and maintaining a healthy cash flow in the state of South Carolina, you may be worried about losing your home to foreclosure. This can be a very real possibility for those who have not been able to keep up with their loan repayments....
On behalf of Reed Law Firm, P.A. | Jul 31, 2018 | Chapter 13
Uncertain of what to do or how to resolve the problem, many individuals and families become overwhelmed as their debt burden continues to mount. High interest rates often make it seem impossible to make any headway in reducing the amount owed. While it may seem as if...
On behalf of Reed Law Firm, P.A. | Jul 18, 2018 | Chapter 13
You are definitely not alone in your struggle if you happen to be employed but have still been having trouble making ends meet. Like most localized economies in the nation, South Carolina has seen its ups and downs in recent years. Just because you currently have a...
