What Can Reed Law Firm Do for Me?
Every day, debt collectors find ways to remind you that life hasn’t turned out the way you planned. Most clients at Reed Law Firm come to us with the desire to pay their debts and save their homes, but without the financial means to do so. Our experienced South Carolina bankruptcy and debt restructuring attorneys understand the emotional strain, financial stress, and fear often associated with unmanageable debts, but there is light at the end of this tunnel.
Confidentially discuss what Reed Law Firm can do for you – from saving your home to stopping creditor harassment – with our compassionate S.C. bankruptcy lawyers today by calling (803) 726-4888 or connecting with us online.
Stopping South Carolina Foreclosure Proceedings
Our lawyers are homeowners too. We understand how important your home is on a personal, not just financial, level. If you missed a mortgage payment or entered foreclosure proceedings, there are legal ways to stop foreclosure and help you keep your home. These include filing for Chapter 13 wage earner’s bankruptcy or working with our loan modification lawyers to privately restructure your mortgage. Filing for bankruptcy immediately stops foreclosure and debt collection efforts, giving you time to consider your options.
Pausing Civil Litigation and Creditor Harassment
In addition to stopping foreclosure proceedings, filing for bankruptcy also prohibits creditors from contacting you. This immediately stops the endless phone calls and letters. The peace of mind that comes from the automatic bankruptcy stay gives families the breathing room they need to consider their options, not just react to legal threats.
Respond to Lawsuits and Unlawful Collection Attempts
The Fair Debt Collection Practices Act sets certain debt collection parameters for third-party collection agencies, generally prohibiting harassment and abusive conduct. You have the right to sue debt collectors for violating federal or state debt collection laws. Our lawyers might help you understand your legal rights if you’re experiencing undue abuse by a collection agency or creditor’s attempt to collect on ‘zombie debts’, which are time-barred debts under the three-year South Carolina statute of limitations.
Help You Start Fresh Through South Carolina Bankruptcy Proceedings
We never pressure our clients into filing for bankruptcy, but it’s a good option in many cases. It’s simply not true that you will always lose your home or car. In fact, wage earner’s (Chapter 13) bankruptcy allows eligible debtors to keep their homes and restructure their debts into manageable monthly payments.
In some cases, our attorneys might recommend filing for Chapter 7 liquidation. Chapter 7 bankruptcy provides debtors without sufficient income the chance to truly start fresh by liquidating non-exempt assets and discharging the following debts:
- Credit cards
- Personal loans
- Past-due rent
- Medical bills
- Utility arrears
- Mortgage deficiency
- Auto loan deficiency
- Student loans (undue hardship only)
Importantly, you get to keep certain equity in your home and vehicle, including some assets with sentimental value, to help you truly start again.
Experienced South Carolina Debt Relief and Bankruptcy Attorneys
Reed Law Firm, P.A. is a private legal practice and contacting us confidentially has no impact on your credit score. Unlike national debt relief agencies, we are lawyers with the authority needed to respond to legal threats, represent you during bankruptcy proceedings, and give you the legal advice you need to start fresh.
Call our experienced South Carolina bankruptcy attorneys at (803) 726-4888 or connect with us online to discuss the best options for obtaining debt relief with your concerns and financial goals in mind.
