May 5th, 2010 | 2 Comments ››
Written by Summerville Bankruptcy Lawyer, Russell A. DeMott
You may be able to discharge taxes in bankruptcy, but not always. To understand the benefits of filing bankruptcy to deal with tax debts, you need ... Continue Reading »
March 25th, 2010 | No Comments ››
Written by Charleston Bankruptcy Lawyer, Russell A. DeMott
In "Bankruptcy Reaffirmation Agreements (Part One)" I explained that reaffirmation only applies to secured debt on personal property. I also explained that it only applies to ... Continue Reading »
March 21st, 2010 | No Comments ››
Written by Summerville Bankruptcy Lawyer, Russell A. DeMott
During a recent bankruptcy hearing, one of our Charleston Chapter 7 trustees said, "I believe in life after bankruptcy." He said that to a very nervous ... Continue Reading »
March 18th, 2010 | No Comments ››
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 »
March 8th, 2010 | No Comments ››
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 »
December 16th, 2009 | 3 Comments ››
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 »
October 10th, 2009 | No Comments ››
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 »
September 17th, 2009 | 1 Comment ››
Written by Charleston Bankruptcy Lawyer, Russell A. DeMott
When evaluating your financial situation, don’t let your emotions get in the way. Chapter 7 or Chapter 13 bankruptcy may be the right ... Continue Reading »