Reed Law Firm, P.A. https://www.reedlawsc.com Columbia SC Bankruptcy Lawyer | Florence Debt Relief Attorney South Carolina Sat, 24 Jun 2023 22:02:41 +0000 en-US hourly 1 https://wordpress.org/?v=6.2.2 https://www.reedlawsc.com/wp-content/uploads/sites/1201465/2019/08/cropped-favicon-32x32.png Reed Law Firm, P.A. https://www.reedlawsc.com 32 32 Possible concerns of entering retirement with high levels of debt https://www.reedlawsc.com/blog/2023/06/possible-concerns-of-entering-retirement-with-high-levels-of-debt/ Sat, 24 Jun 2023 22:02:41 +0000 https://www.reedlawsc.com/?p=50121 If you are approaching retirement, you may have spent years preparing and saving for this stage of your life, and you might not want to let anything disrupt your plans for your future. However, things might not always turn out as intended, and it might be challenging to reach this stage of life without accruing debts along the way.  Entering…

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]]> Steps during the Chapter 7 bankruptcy process https://www.reedlawsc.com/blog/2023/06/steps-during-the-chapter-7-bankruptcy-process/ Fri, 16 Jun 2023 20:26:10 +0000 https://www.reedlawsc.com/?p=50119 Facing overwhelming debt can place strain and stress on virtually every area of your life. If you are struggling with balances that you can no longer manage on your own, you could feel discouraged, assuming that there is no way out for you. Thankfully, debt problems are not insurmountable when you seek the protection of a bankruptcy filing. Chapter 7…

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]]> What are the benefits and potential drawbacks of bankruptcy? https://www.reedlawsc.com/blog/2023/05/what-are-the-benefits-and-potential-drawbacks-of-bankruptcy/ Fri, 26 May 2023 17:59:47 +0000 https://www.reedlawsc.com/?p=50112 If you owe a significant amount of debt, you know that this can impact multiple areas of your life. You will experience the stress and strain that comes from knowing you owe more money than you can pay, and you may not believe that you can ever catch up on your own. You may also be getting phone calls from…

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]]> What is going to happen to your property during bankruptcy? https://www.reedlawsc.com/blog/2023/05/what-is-going-to-happen-to-your-property-during-bankruptcy/ Thu, 25 May 2023 18:01:23 +0000 https://www.reedlawsc.com/?p=50114 For consumers overwhelmed by debt and past-due balances, it can seem like there may be no way out. Dealing with debt may be an insurmountable issue, which is why many people choose to seek the protection of bankruptcy. This option can provide an applicant with a way to deal with his or her debt in an organized and effective manner…

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]]> What will happen to your house if you file for divorce? https://www.reedlawsc.com/blog/2023/05/what-will-happen-to-your-house-if-you-file-for-divorce/ Wed, 24 May 2023 17:50:30 +0000 https://www.reedlawsc.com/?p=50111 Owing a significant amount of debt can be a burden on your life. You may find that your financial struggles carry over into other areas, and you could be facing the additional stress of debt collectors, notices from creditors and constant pressure to pay. You might feel like you cannot escape these issues, and while it feels as if there…

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]]> Addressing the timeline to finalize bankruptcy filings https://www.reedlawsc.com/blog/2023/04/addressing-the-timeline-to-finalize-bankruptcy-filings/ Wed, 26 Apr 2023 21:22:55 +0000 https://www.reedlawsc.com/?p=50109 There might be few things in life as stressful and harrowing as going through extended periods of monetary unrest. The trials of debt could affect your life in various ways, and while there might be a variety of steps to take to pursue much-needed financial relief, choosing a path can be a complex endeavor.  Bankruptcy is an example of a…

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]]> Evaluating recent reports on increases to bankruptcy filings https://www.reedlawsc.com/blog/2023/03/evaluating-recent-reports-on-increases-to-bankruptcy-filings/ Fri, 03 Mar 2023 20:52:26 +0000 https://www.reedlawsc.com/?p=50103 Financial challenges can arise under a multitude of scenarios, and sometimes it might not be easy to keep debt at bay. Issues with debt can gradually build with time or seem to appear overnight, and the fallout thereof may have a lingering impact on your life and leave you with questions about your options for relief. While facing dire financial…

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]]> The possible impact of debt on long-term financial goals https://www.reedlawsc.com/blog/2023/02/the-possible-impact-of-debt-on-long-term-financial-goals/ Fri, 24 Feb 2023 20:09:13 +0000 https://www.reedlawsc.com/?p=50102 There may be many individuals who have clear goals and ideas about what they want for their futures. Setting long-term goals can be an integral component to helping you pursue important milestones in life. While you might not want to let anything stand in the way of your dreams, things might not always go as planned. Issues with debt could…

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]]> How much does bankruptcy cost? (And can I afford it?) https://www.reedlawsc.com/blog/2023/01/how-much-does-bankruptcy-cost-and-can-i-afford-it/ Fri, 06 Jan 2023 19:20:20 +0000 https://www.reedlawsc.com/?p=50100 Bankruptcy is a tool available to South Carolinians overwhelmed by debt. It can help you and your family get out from under the burden of mounting interest and principal and start fresh. However, bankruptcy itself is not free. Filing fees and credit counseling To start with, both Chapter 7 bankruptcy and Chapter 13 bankruptcy require you to pay a fee…

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]]> Creating a strategy to reduce or eliminate credit card debts https://www.reedlawsc.com/blog/2022/11/creating-a-strategy-to-reduce-or-eliminate-credit-card-debts/ Thu, 10 Nov 2022 20:25:32 +0000 https://www.reedlawsc.com/?p=50098 The pursuit of financial stability is a goal that many individuals in South Carolina may share, but things might not always go as intended. Sources of monetary unrest can come in numerous fashions, each of which may place significant strain on your finances and leave you in search of ways to overcome debt hurdles. Credit card debt is a prime…

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