Reed Law Firm, P.A. - bankruptcy

Columbia: 803-807-2565

Florence: 843-536-0073

foreclosure Archives

How to effectively fight foreclosure

Having a high mortgage repayment plan can make the possibility of foreclosure a reality if you unexpectedly start to have financial challenges. Not everybody has the luxury of savings to help them in the event of being made unemployed or having to pay unexpected medical bills.

What is foreclosure fraud?

If you are struggling to pay your mortgage in Columbia, you may feel like you have lost control of your finances, and you may be confused as to your current financial state. Unfortunately, there have been instances of scams taking advantage of people in this position. They target people who are desperate to improve their cash flow quickly.

Taking action to prevent foreclosure

The holiday period can be one of the most difficult times of the year when it comes to our finances. It can be easy to ignore your debt situation and decide to bury your head in the sand while opting to use credit cards instead of your own funds.

South Carolina bankruptcy does not always equal foreclosure

A sudden job loss or health concern can quickly alter one's financial picture. One day the South Carolina family is living comfortably in their home, bills are being paid and there is even money left over to enjoy the occasional splurge. The next day, tragedy strikes and the family's financial situation immediately changes. When this happens, the family may be faced with foreclosure unless they can find a way to restructure their financial obligations to allow for the home to be saved.

Foreclosure can be prevented for many South Carolina families

Once financial problems start, they just seem to escalate. At first, the South Carolina resident has trouble paying bills. Then, the phone starts ringing and collection notices appear in the mail. Finally, the bank or mortgage company threatens foreclosure. What began as perhaps a small financial problem can quickly turn into a financial catastrophe.

Don't let temporary financial problems cost you your home

You may be one of many South Carolina residents who recently suffered a major financial setback due to loss of employment, medical emergency or some other unexpected situation. Then again, your spending habits may have simply gotten out of hand, which also often leads to serious financial crisis. In any event, many people have gone through similar experiences in the past.

South Carolina residents facing foreclosure

One of the most coveted goals for South Carolina residents is owning a home. This American dream comes with a lot of rewards but also many responsibilities. As the excitement of being a homeowner wears off, the true cost of owning a home can sometimes come as a shock. South Carolina residents are advised to understand the risk associated with home ownership and what to do should their home become subject to foreclosure.

Facing foreclosure? In South Carolina, you have options

Whether it's where you brought your first child home or it's the dream house you bought after retirement, few things in life hold as many important memories as your home. For most people, a foreclosure is so much more than a financial crisis -- it is an emotional trauma. While stopping foreclosure might seem impossible, it is an important undertaking that can help South Carolina residents stay in their homes.

Alternatives to foreclosure exist for South Carolina homeowners

Homes are often the largest investment that people make. Aside from a significant financial commitment, owning a home also represents safety and security for many in South Carolina. When faced with significant amounts of debt and possible foreclosure, finding effective alternatives can be important. Giving in to foreclosure can have profoundly negative effects on a homeowner's credit and financial stability when done unnecessarily.

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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