Debtors who file for bankruptcy in South Carolina experience significant financial benefits and are likely to do better financially and achieve greater financial stability than debtors who do not file. A study published by Federal Reserve Bank of New York demonstrated that debtors post-bankruptcy were in a much better financial situation than people who had...
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S.C. Consumer Debtors Should Treat Bankruptcy Like Businesses Do
Most consumers who file for bankruptcy protection do so because of cataclysmic personal events like a major illness, accident, job loss, or divorce. Senator Elizabeth Warren, who has been a strong advocate for making bankruptcy laws more favorable to consumers, told Philly.com: "The problem is not that people won't pay. It's that they can't pay." Warren, and...
Read MoreAmericans May Have Worse Debt Troubles Than Greece
Anyone with passing interest in financial news has likely been watching the Greek financial crisis unfold in recent years. Recent disputes with Germany and other EU countries over Greece's debt obligations have drawn further attention to the country's troubled financial state. While Greece may be in serious debt trouble, Fortune Magazine recently published an article suggesting the average...
Read MoreWhy You Might Want to Consider Chapter 13 Bankruptcy
South Carolinians and people throughout the country file for bankruptcy every day, but it's typically not a hot news topic until someone famous such as the rap star 50 Cent files (which he did in mid-July 2015). When a famous person does declare bankruptcy, it tends to pique interest and lead to questions: What type...
Read MoreColumbia T-Bone Crashes Could Decline with Roundabouts
Intersection accidents can occur when a motorist fails to yield the right of way or disobeys a stop sign or traffic signal. A right angle crash is a common accident at intersections. One car hits the side of another vehicle, with the two forming a T. These are some of the most dangerous car accidents...
Read MoreColumbia Drivers Can Reduce Rear-End Crash Risks
One of the most important lessons that a new driver learns is to leave enough space between his car and the lead vehicle. The driver in the front vehicle could be forced to slow down or even come to a complete stop at a time when the rear-driver may not be expecting such actions. If...
Read MoreThis is Why Columbia Rear-End Accidents Happen
Car accidents happen regularly within Florence, Darlington, Columbia, Midlands and the Pee Dee, SC area. One of the most common types of collisions is a rear-end crash. Purdue University reports that an estimated 30 percent of total annual motor vehicle accidents in the U.S. are rear-end accidents. A rear-end accident lawyer knows that there are a...
Read MoreColumbia Drivers Taking Unnecessary Risks Despite Known Dangers
Most drivers in Florence, Darlington, Columbia, Midlands and Pee Dee, SC likely would support stricter laws and new regulations to make the roads safer. A 2014 study on driver's behaviors and attitudes released by the AAA Foundation for Traffic Safety indicated that five out of six motorists expressed support for their local governments putting a...
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