Can bankruptcy help with medical debt?
Article written by Columbia, SC bankruptcy lawyer Daniel Stone Medical bills are one of the top reasons for individuals filing for bankruptcy in South Carolina and around the country....
Top 5 reasons why bankruptcy is the best form of debt relief
Bankruptcy is the best form of debt relief for many reasons to include the following Top 5 reasons: 1. Unlike debt consolidation plans, Chapter 7 bankruptcy wipes out/discharges all your...
Common myths about filing bankruptcy
As bankruptcy attorney, I often hear some of the same questions on why the potential client shouldn’t file bankruptcy. Here are some of the answers to debunk the myths to...
Benefits of bankruptcy compared to debt consolidation companies
The first benefit of filing bankruptcy compared to debt consolidation companies is that all unsecured creditors are wiped out in a Chapter 7 bankruptcy. In a debt consolidation program, you...
Top Five ways to prevent having to file for Bankruptcy
1. Maintain adequate medical insurance. 2. Maintain longterm disability insurance. 3. Maintain at all times a six to nine month nest egg of cash for emergencies. 4. Do not use...
TOP 10 REASONS TO FILE FOR CHAPTER 7 BANKRUPTCY
10. Finance loans (furniture as collateral). 9. Avoid a judgement. 8. Wipe out a car deficiency. 7. Wipe out a old home deficiency. 6. General unsecured debts. 5. Furniture loans....
Medical care after filing for bankruptcy
Will medical providers such as hospitals continue to see me in the future if I file for bankruptcy? I often have this question from my clients. Clients are scared that...
Does Chapter 7 eliminate medical and credit card debts?
Does Chapter 7 eliminate medical and credit card debts? Yes. I would say a majority of my clients filing for Chapter 7 bankruptcy relief are doing so to rid themselves...
Can creditors garnish your wages in South Carolina?
Can creditors garnish your wages in South Carolina? The answer is NO with a few caveats. In most states, creditors can obtain a civil judgment against the debtor and then...