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Bankruptcy can protect your home, but you have to act quickly If you're behind on your mortgage and facing foreclosure, you're not quite out of options. Filing for bankruptcy can stop the foreclosure, at least temporarily, buying you more time to sort out the situation by catching up on your payments or applying for a...

We can guide you through the bankruptcy process One mandatory part of the process of filing for Chapter 7 or Chapter 13 bankruptcy is attending a "meeting of creditors," usually 4-6 weeks after you file. This step is required by section 341 of the Bankruptcy Code, so it's commonly called a 341 meeting in the...

Act fast to protect your independence during collection actions One of the most immediate questions we hear from South Carolina debtors is, "can I get my car back?" Your car isn't just a car; it may be essential to your ability to do your job and meet other personal and professional responsibilities. How will you...

Find out whether you're eligible for Chapter 7 Chapter 7 bankruptcy, also known as liquidation bankruptcy or straight bankruptcy, is intended to give a fresh start to people with overwhelming debt. As such, a key part of the bankruptcy process is determining whether you really need it or whether you can afford to pay off...

Make sure you understand how bankruptcy will affect your future. Chapter 7 bankruptcy is intended to serve as a financial reset, and it works very well for most people struggling with credit card debt, personal loans, medical debt, and other types of unsecured debt. However, some types of debt — most infamously, student loans —...

Beware of alternatives that don't provide a financial reset. When you're dealing with overwhelming debt, there's no shortage of ideas out there to help you get out of debt. One option that is sometimes pitched as a debt relief strategy is debt consolidation; that is, combining your various debts into a single debt that you...

A financial reset is now more achievable than ever. If you're dealing with overwhelming unsecured debt, such as credit cards, personal loans, or medical debt, Chapter 7 bankruptcy may be your lifeline. However, the cost of hiring an attorney to file Chapter 7 has been a significant challenge for some debtors. Benjamin R. Matthews &...

"I can't file for bankruptcy because it will ruin my credit forever." We hear this all the time; it's one of the most common myths about bankruptcy. A lot of folks who could really benefit from bankruptcy are understandably worried about how it might affect their credit score — and by extension, their future ability...

Americans need debt relief more than ever Earlier this year, we wrote that bankruptcy filings were down, but the remainder of 2022 could see a reckoning. That trend appears to be unfolding before our eyes. Reuters reports that bankruptcy filings, though still below historic levels, are creeping up in 2022, according to legal research firm...

Discharging student debt is difficult, but not always impossible. Americans are carrying more student debt than ever, and it's one of the most difficult types of debt to get rid of. Accumulating interest, financial instability, and the challenges of qualifying for forgiveness programs can saddle graduates with debt for decades, preventing them from buying homes...