Written by Charleston Bankruptcy Lawyer, Russell A. DeMott If you file a Chapter 7 bankruptcy, you may be faced with having to decide whether to sign a "reaffirmation agreement." This is the first of ... Continue Reading »
Bankruptcy Median income figures change again on March 15. Unless your debts are primarily business debts, these figures help the court determine whether or not you must complete the means test ... Continue Reading »
Guest Post Written by Mesa, Arizona Bankruptcy Lawyer, Samuel Woodruff While there is no quick solution to getting your credit back on track after filing bankruptcy, there are a few things that you should ... Continue Reading »
Written by Charleston Bankruptcy Lawyer, Russell A. DeMott Let’s face it. Military families are not immune to financial problems. Here in the Charleston, South Carolina area, there’s a strong military presence with the ... Continue Reading »
Written by Charleston Bankruptcy Attorney, Russell A. DeMott This is another good video post done by my colleague at Bankruptcy Law Network, Kurt O'Keefe. Kurt is a bankruptcy lawyer in Detroit, but the process ... Continue Reading »
Written by Charleston Bankruptcy Lawyer, Russell A. DeMott It happened again today. I got a call about "it." Specifically, the lady wanted to know how much "it" was. What was the "it" she called ... Continue Reading »
Written by Charleston Bankruptcy Attorney, Russell A. DeMott In parts one and two of "Domestic Support Obligations in Bankruptcy," I explained what a domestic support obligation was and that it's something you can't discharge ... Continue Reading »
Written by Charleston Bankruptcy Lawyer, Russell A. DeMott There's a term you hear in the car business all too often: "upside down." You're upside down on your car loan when you owe more than ... Continue Reading »
Written by Summerville Bankruptcy Lawyer, Russell A. DeMott I am pleased to begin this series of video posts by my Bankruptcy Law Network colleague, Kurt O'Keefe. Kurt is a seasoned bankruptcy lawyer in Detroit ... Continue Reading »
Written by Charleston Bankruptcy Lawyer, Russell A. DeMott In "Can Creditors Take My Retirement Funds ? (Part One)" I discussed the protection offered under both state and federal law for retirement assets such as ... Continue Reading »
[caption id="attachment_652" align="alignleft" width="300" caption="Photo by Kim Held"][/caption] Written by Charleston Bankruptcy Lawyer, Russell A. DeMott In part one and part two of “The Bankruptcy Means Test,” I explained the shaky foundation of the means ... Continue Reading »
[caption id="attachment_580" align="alignleft" width="336" caption="Photo by Marissa DeMott"][/caption] Written by Charleston Bankruptcy Lawyer, Russell A. DeMott The means test analysis begins with calculating your current monthly income ("CMI"). This is one of the many concepts ... Continue Reading »
Photo by Kim Held Written by Summerville Bankruptcy Lawyer, Russell A. DeMott If you need to file bankruptcy, you must first determine whether you are above median income for the ... Continue Reading »
Written by Charleston Bankruptcy Lawyer, Russell A. DeMott If you want to file a Chapter 7 bankruptcy, and your income is over the median income for your state, you must take a "means test" ... Continue Reading »
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