Bankruptcy Lawyers
South Carolina



Now is the time to consider whether bankruptcy is right for you

The Coronavirus (COVID-19) pandemic has wreaked havoc financially on many people throughout the United States. Since the Coronavirus pandemic started sweeping the country in early March, more than 22 million people nationwide have lost their jobs, pushing the unemployment rate to 16.1 percent, according to The Wall Street Journal. As a result, large numbers of...

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When Should I Consider Filing For Bankruptcy?

Hounded by debt collectors. Using loans to pay loans. Those are among the signs that filing for bankruptcy might be the answer to your money problems. Filing for bankruptcy is a United States government-protected path for individuals and businesses who owe more money than the net worth of their assets. Bankruptcy is a legal process...

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Lawmakers propose overhaul to personal bankruptcy laws

We previously discussed efforts by U.S. lawmakers to push legislation to allow student loan debt to be discharged in bankruptcy. The Student Borrower Bankruptcy Relief Act of 2019 was introduced by Senator Dick Durbin (D-Illinois) and gained the support of Democratic presidential contender Elizabeth Warren. Recently, Warren proposed a more universal overhaul to U.S. personal bankruptcy...

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Report shines light on bankruptcy statistics for 2019

Who was more likely to file for bankruptcy in 2019, a single or married person? What about people with college degrees? What about residents of southern states? Research published in The Ascent, from The Motley Fool, answers those questions and more. The report, Personal Bankruptcy Statistics 2019, examines interesting trends, including the fact that bankruptcies...

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How a proposed law can help clear student loan debt

  You may be struggling to pay your bills and considering filing for bankruptcy as a way to get a fresh start. Bankruptcy can wipe out most of your debts, but there’s a notable exception: student loan debt. Unfortunately, it’s almost impossible to wipe out student loan debt through bankruptcy. According to Business Insider, about one-third...

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A new kind of credit is saddling America’s middle class with $50 billion in debt

Struggling to pay bills, middle-class Americans are getting exploited by a new kind of lending called the online installment loan. The “red-hot industry” has spawned about $50 billion in debt in a practice that handcuffs borrowers with terms of 40-60 months and interest rates as high as 155 percent, according to Bloomberg. Installment loans appeal...

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Can I File a Second or Subsequent Bankruptcy?

You've already filed a Chapter 7 or Chapter 13 bankruptcy but you've found yourself in another heap of debt, unable to meet your obligations to your debtors. You may be wondering if bankruptcy is still an option. The answer is yes, but filing a second or subsequent bankruptcy comes with implications. Here's what you should know....

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South Carolina Attorneys Discuss Best Ways Retirees Can Ease Financial Burdens Through Bankruptcy

Are people ages 65 and older are filing for bankruptcy more than any other generation? An article in media outlet OZY says yes. That's because today, many older Americans are living on a tighter budget than ever before. One 73-year-old woman had no choice but to file for bankruptcy after her credit card debt reached $18,000....

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2010 Gadsden Street
Columbia, SC 29201

Phone (803) 799-1700
Fax (803) 728-6718

331 E. Main St, Suite 257
Rock Hill, SC 29730

Phone (803) 909-9377
Fax (803) 728-6718