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The Bankruptcy Means Test (Part Five)

The Bankruptcy Means Test (Part Five)

June 16th, 2010  |  No Comments ››

Written by Summerville Bankruptcy Lawyer, Russell A. DeMott In prior post about the bankruptcy means test, I focused on the means test as being a tool to sort out Chapter 7 bankruptcy cases from ... Continue Reading »

Bankruptcy Experiences #3

Bankruptcy Experiences #3

June 8th, 2010  |  No Comments ››

Written by South Carolina Bankruptcy Lawyer, Russell A. DeMott Many of my recent bankruptcy filings are due to what I call "real estate meltdown."  The decline in the real estate market was inconceivable only ... 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 »

What is Chapter 13 Bankruptcy? (Part Two)

What is Chapter 13 Bankruptcy? (Part Two)

April 29th, 2010  |  No Comments ››

Written by Summerville Bankruptcy Lawyer, Russell A. DeMott Chapter 13 bankruptcy is all about payments.  As I've said before, the Chapter 13 bankruptcy trustee is happy if you "pay early and pay often."  That's ... Continue Reading »

Bankruptcy Reaffirmation Agreements (Part Four)

Bankruptcy Reaffirmation Agreements (Part Four)

April 8th, 2010  |  No Comments ››

Written by Charleston Bankruptcy Lawyer, Russell A. DeMott In parts one, two, and three, I explained secured debt, liability, how the automatic stay comes into play with reaffirmation agreements, and my opinion about whether ... Continue Reading »

Bankruptcy Reaffirmation Agreements (Part Two)

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 to ... Continue Reading »

The Bankruptcy Means Test (Part Three)

The Bankruptcy Means Test (Part Three)

November 24th, 2009  |  1 Comment ››

[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 »

Where is the Bankruptcy Court in Charleston?

Where is the Bankruptcy Court in Charleston?

November 11th, 2009  |  1 Comment ››

[caption id="attachment_616" align="alignleft" width="260" caption="Charleston Bankruptcy Court (King Street)"][/caption] Written by Charleston Bankruptcy Lawyer, Russell A. DeMott Whether you file a Chapter 7 or a Chapter 13 bankruptcy, you'll have your bankruptcy hearing (also called ... Continue Reading »

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