Three of the Worst Debts to Have in South Carolina

I am often asked by my bankruptcy clients are there certain debts that are better than others. The answer is yes. Below are the top three worst debts to have in my opinion. The reason these debts make my top three is because bankruptcy discharge powers either have no affect or there are multiple exceptions. 1. […]

Three of the Worst Debts to Have in South Carolina

I am often asked by my bankruptcy clients are there certain debts that are better than others. The answer is yes. Below are the top three worst debts to have in my opinion. The reason these debts make my top three is because bankruptcy discharge powers either have no affect or there are multiple exceptions. 1. […]

Can student loans garnish your wages in South Carolina?

Even though South Carolina does not have wage garnishment, because student loans are usually backed by the federal government, they can garnish your wages. Even if you are filing for bankruptcy or you have already filed, I highly recommend that you either stay on deferment/forbearance or you make your monthly student loan payment. In addition, […]

Can I go to jail for not paying my debts?

I am often asked by my clients if they can be sent to jail for not paying their debts. While some may laugh   at such a question, the question is often asked because a local police officer serves a client a lawsuit or the client receives a letter from the sheriff’s office to contact […]

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 garnish their wages. In our sister state of Georgia, if you have failed to pay on your credit card, the credit card could obtain a […]

Are student loans discharged in bankruptcy?

Are student loans discharged in bankruptcy?  Let me provide a short history of student loans in bankruptcy before answering the question. Prior to 1976, student loans were dischargeable in bankruptcy. With the passage of the new bankruptcy code in 1978 this is more difficult. From 1979 to 1998, amendments were passed that made it even more […]