Examples of when not filing for bankruptcy relief is the better option

Article written by Columbia, SC bankruptcy attorney Daniel Stone As a bankruptcy attorney,  I am often asked to file bankruptcy petitions for my clients in expedited manners sometimes. Most of my potential clients are looking at filing for bankruptcy and want to know how soon they can get the expected relief they are seeking. However, […]

Will I lose my car in a Chapter 7 bankruptcy?

Article written by Columbia, SC bankruptcy lawyer Daniel Stone Most Chapter 7 bankruptcy filers do not lose their car to the Chapter 7 Trustee or the car lender. Let’s examine this issue more closely. In regards to the Chapter 7 Trustee, he or she can only obtain possession of your car if you have unprotected […]

Will I lose my car in a Chapter 7 bankruptcy?

Article written by Columbia, SC bankruptcy lawyer Daniel Stone Most Chapter 7 bankruptcy filers do not lose their car to the Chapter 7 Trustee or the car lender. Let’s examine this issue more closely. In regards to the Chapter 7 Trustee, he or she can only obtain possession of your car if you have unprotected […]

What is the bankruptcy wildcard exemption and how can it help me?

South Carolina has historically had the lowest exemptions in the United States. Exemptions are important in bankruptcy purposes because it allows debtors to protect equity in certain property. The higher exemptions, the higher amount of equity you can have in your assets and still save them from being taken away by the bankruptcy trustee. The […]