debt

Debt Buyers Must Prove They Own the Debt

January 26th, 2012  |  2 Comments ››

Written by Charleston Bankruptcy Lawyer, Russell A. DeMott Debt buyers claim they have the right to collect for the original creditor.  But do they? You couldn't pay that credit card debt a few years ago, ... Continue Reading »

The Craziness of Student Loan (Non) Dischargeability

December 4th, 2011  |  2 Comments ››

Written by Charleston Bankruptcy Lawyer, Russell A. DeMott Student loans are, practically speaking, almost non-dischargeable in bankruptcy.  The Bankruptcy Code and the law interpreting it says, in essence, that the debtor must be disabled ... Continue Reading »

Wage Garnishment in South Carolina (or not?)

July 24th, 2011  |  1 Comment ››

Written by Charleston Bankruptcy Lawyer, Russell A. DeMott Wage garnishment is extremely limited in South Carolina, though debt collectors will attempt to convince you otherwise. Still, there are exceptions you need to understand. While almost ... Continue Reading »

Bankruptcy and Your 401(k) Loan

February 12th, 2011  |  2 Comments ››

Written by Charleston Bankruptcy Lawyer, Russell A. DeMott 401(k) loans are treated differently in Chapter 7 bankruptcy than they are in Chapter 13 bankruptcy.   And by "401(k) loans" I mean any deferred compensation ... Continue Reading »

Senior Citizens and Bankruptcy: When the Wolf is at Grandma’s Door

October 26th, 2010  |  2 Comments ››

Guest post written by Philadelphia Bankruptcy Lawyer, Dan Mueller When I first started taking bankruptcy cases in the 1990s, I rarely had a senior citizen as a client.   Today, it is not unusual ... Continue Reading »

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

August 5th, 2010  |  2 Comments ››

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 ... Continue Reading »

Tim Clue: Face Your Debts Head On! (Sort of)

January 26th, 2010  |  No Comments ››

Written by Charleston Bankruptcy Lawyer, Russell A. DeMott Let's face it.   Debt isn't funny, nor is bankruptcy.   But sometimes you need a break from the stress and worry.   Check out comedian ... Continue Reading »

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