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 »
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 »
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 »
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 »
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 »
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 »
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 »
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 »