Chapter 7 bankruptcy

How Much Will My Chapter 13 Payments Be?

July 29th, 2012  |  2 Comments ››

Written by Charleston Bankruptcy Lawyer, Russell A. DeMott Once we decide a Chapter 13 bankruptcy is in your best interest, the next question you'll probably ask is, "how much will my Chapter 13 payment ... Continue Reading »

Stopping Foreclosure With a Chapter 7 Bankruptcy

September 12th, 2010  |  2 Comments ››

Written by Charleston Bankruptcy Lawyer, Russell A. DeMott Chapter 7 bankruptcy can slow down foreclosure, but it's not the best way to stop foreclosure. Chapter 7 bankruptcy is the most common kind of consumer bankruptcy. ... Continue Reading »

Filing Bankruptcy to Discharge Income Tax Debt

May 5th, 2010  |  4 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 ... Continue Reading »

Bankruptcy Reaffirmation Agreements (Part Two)

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 ... Continue Reading »

Bankruptcy Experiences #2

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 ... Continue Reading »

Bankruptcy Reaffirmation Agreements (Part One)

March 18th, 2010  |  2 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 ... Continue Reading »

South Carolina Bankruptcy Median Income Figures Change March 15

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 ... Continue Reading »

What’s a Redemption?

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 ... Continue Reading »

New Bankruptcy Median Income Figures Effective November 1, 2009

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 »

Filing Bankruptcy To Surrender Assets (Sometimes It’s Best)

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 solution, ... Continue Reading »

RSS