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Filing Bankruptcy and Keeping “Just One” Credit Card

Filing Bankruptcy and Keeping “Just One” Credit Card

July 21st, 2010

Written by Charleston Bankruptcy Lawyer, Russell A. DeMott Filing bankrupty means listing all your debts.  Sometimes I hear clients say that they don't want to "file on" a certain debt.  However, you must list ...
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Bankruptcy Fears: “Nothing to Fear But Fear Itself”

Bankruptcy Fears: “Nothing to Fear But Fear Itself”

July 10th, 2010

Written by Charleston Bankruptcy Lawyer, Russell A. DeMott Bankruptcy and financial problems can be scary.  And you don't realize how terrifying financial problems can be until you've been there yourself. I was chatting with my ...
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Bankruptcy and Cash Value Insurance

Bankruptcy and Cash Value Insurance

June 30th, 2010

Written by Charleston Bankruptcy Lawyer, Russell A. DeMott In a recent decision South Carolina Bankruptcy Judge John E. Waites upheld a debtor’s claim of exemption in his cash value life insurance under South Carolina ...
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Bankruptcy Petition Preparers: Lie, Lie, Lie!

Bankruptcy Petition Preparers: Lie, Lie, Lie!

June 20th, 2010

Guest Post by Northern Michigan Bankruptcy Lawyer, Paul Slough There's no shortage of exploitive "get out of debt" offers.  One area ripe with abuse is the arena of non-attorneys who prepare ...
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The Bankruptcy Means Test (Part Five)

The Bankruptcy Means Test (Part Five)

June 16th, 2010

Written by Summerville Bankruptcy Lawyer, Russell A. DeMott In prior post about the bankruptcy means test, I focused on the means test as being a tool to sort out Chapter 7 bankruptcy cases from ...
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Bankruptcy Experiences #3

Bankruptcy Experiences #3

June 8th, 2010

Written by South Carolina Bankruptcy Lawyer, Russell A. DeMott Many of my recent bankruptcy filings are due to what I call "real estate meltdown."  The decline in the real estate market was inconceivable only ...
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Filing Bankruptcy When You’re Married

Filing Bankruptcy When You’re Married

June 3rd, 2010

Written by South Carolina Bankruptcy Lawyer, Russell A. DeMott Filing bankruptcy is a family decision.  Even with hectic schedules, it's necessary for both the husband and wife meet with me together to discuss bankruptcy ...
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Frozen Bank Accounts! Watch Out for Wells Fargo and Wachovia!

Frozen Bank Accounts! Watch Out for Wells Fargo and Wachovia!

May 30th, 2010

Written by Charleston Bankruptcy Lawyer, Russell A. DeMott Filing bankruptcy can result in your bank freezing your account if you owe that bank money.  It's called "setoff," and I wrote a post warning about ...
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The Bankruptcy Means Test (Part Four)

The Bankruptcy Means Test (Part Four)

May 23rd, 2010

Written by Summerville Bankruptcy Lawyer, Russell A. DeMott “Passing” the bankruptcy means test doesn’t mean you’re cleared for takeoff for a Chapter 7 bankruptcy.  I pointed this out in my last post on the ...
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Scarlet Letter of Bankruptcy–A Thing of the Past?

Scarlet Letter of Bankruptcy–A Thing of the Past?

May 16th, 2010

Written by New York Bankruptcy Lawyer Jay S. Fleischman. Remember the book, The Scarlet Letter?  You know, the one where the woman does something and is marked for the rest of her life with ...
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