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Filing Bankruptcy: “Will I Hurt My Wife’s Credit When I File?”

Filing Bankruptcy: “Will I Hurt My Wife’s Credit When I File?”

August 10th, 2010

Guest Post Written by Rome, Georgia Bankruptcy Lawyer, Jeff Kelly When filing bankruptcy, if your spouse has not signed any contracts with you, your spouse's credit score will not be affected by your filing. Before ...
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Filing Bankruptcy: “How Much Debt Do I Need to File?”

Filing Bankruptcy: “How Much Debt Do I Need to File?”

August 5th, 2010

Written by Charleston Bankruptcy Lawyer, Russell A. DeMott One of my readers recently asked about how much debt he needed to file bankruptcy.  That's a good question, and I'm asked that frequently. There's no set ...
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South Carolina Bankruptcy Laws

South Carolina Bankruptcy Laws

July 28th, 2010

Written by Charleston Bankruptcy Lawyer, Russell A. DeMott What are "South Carolina bankruptcy laws?"  Technically speaking, there really is no such thing as South Carolina bankruptcy law.  But this doesn’t mean South ...
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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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