Bankruptcy “Don’ts”

Filing Bankruptcy and Keeping “Just One” Credit Card

Filing Bankruptcy and Keeping “Just One” Credit Card

July 21st, 2010  |  1 Comment ››

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 ... Continue Reading »

Filing Bankruptcy When You’re Married

Filing Bankruptcy When You’re Married

June 3rd, 2010  |  No Comments ››

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 ... Continue Reading »

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

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

May 30th, 2010  |  No Comments ››

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 ... Continue Reading »

“The Bank Just Froze My Account!” (Setoffs and Bankruptcy)

“The Bank Just Froze My Account!” (Setoffs and Bankruptcy)

March 12th, 2010  |  4 Comments ››

I've gotten the panicked calls from bankruptcy clients.  "They've frozen my account!"  And the "they" is the bank or the credit union. (I'll just call them both "the bank" from here on out.) One ... Continue Reading »

Bankruptcy Don’ts: Defining Stupid

Bankruptcy Don’ts: Defining Stupid

January 29th, 2010  |  No Comments ››

Written by Charleston Bankruptcy Lawyer, Russell A. DeMott It started with a text message from my friend, Frank.  “Skeet shooting? 4-wheelers?,” it said.  I figured he meant one or the other, both of which ... Continue Reading »

Filing Bankruptcy on “It”

Filing Bankruptcy on “It”

September 5th, 2009  |  1 Comment ››

Written by Charleston Bankruptcy Lawyer, Russell A. DeMott The Bankruptcy Code requires debtors to list all debts in their bankruptcy paperwork (called "schedules").  You cannot pick what debts to include in your bankruptcy and ... Continue Reading »

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