united states bankruptcy law

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 »

Exemptions in Bankruptcy

June 18th, 2012  |  2 Comments ››

Written by Charleston Bankruptcy Lawyer, Russell A. DeMott When people starting thinking of bankruptcy, they wonder about whether their property will be taken.  "Will they take my house? Will they take my car?" they ... Continue Reading »

7 Deadly Bankruptcy Sins

March 19th, 2012  |  No Comments ››

Written by Charleston Bankruptcy Lawyer, Russell A. DeMott You may think the bankruptcy process consists of dumping information into your bankruptcy lawyer's lap and having all your problems quickly solved. Not so. A successful bankruptcy is ... Continue Reading »

Will My Bankruptcy be in the Newspaper?

February 25th, 2012  |  No Comments ››

Written Charleston Bankruptcy Lawyer, Russell A. DeMott Your bankruptcy filing will not appear in your local newspaper. About once a month I get asked about this.  Clients believe that the local newspaper reports bankruptcy filings ... Continue Reading »

South Carolina Median Income Figures for Cases Filed After November 1st

October 16th, 2011  |  2 Comments ››

Written by Charleston Bankruptcy Lawyer, Russell A. DeMott South Carolina median income numbers effective November 1, 2011 are now out. They are as follows: Household of 1: $37,660 Household of 2: $47,853 Household of 3: $50,824 Household of ... Continue Reading »

The Genius of the Canadian Bankruptcy System

September 23rd, 2011  |  No Comments ››

Written by Charleston Bankruptcy Lawyer, Russell A. DeMott Bankruptcy lawyers spend almost all their time dealing with the law as it is.  After all, we're not members of Congress. But as I deal with our ... Continue Reading »

Will the Bankruptcy Trustee Take My Jewelry?

August 25th, 2011  |  1 Comment ››

Written by Charleston Bankruptcy Lawyer, Russell A. DeMott "The bankruptcy trustee will sell all your jewelry" isn't an accurate statement about what happens when you file bankruptcy. Over the last few months, I've had a ... Continue Reading »

Chapter 13 Bankruptcy and the “Mulligan Rule”

June 25th, 2011  |  No Comments ››

Written by Charleston Bankruptcy Lawyer, Russell A. DeMott Chapter 13 bankruptcy is a tool of sorts.   You can do some things in Chapter 13 you just can't do in Chapter 7--stripping mortgages, for ... Continue Reading »

Chapter 13 Bankruptcy: Should You Buy a Car Prior to Filing?

April 13th, 2011  |  2 Comments ››

Written by Charleston Bankruptcy Lawyer, Russell A. DeMott Chapter 13 bankruptcy changed significantly in 2005 with the advent of our new Bankruptcy Code.   As I tell my clients, "Chapter 13 used to be ... Continue Reading »

The U.S. Trustee (“Nobody Expects the Spanish Inquisition!”)

March 6th, 2011  |  1 Comment ››

Written by Charleston Bankruptcy Lawyer, Russell A. DeMott When you go to court for your Chapter 7 bankruptcy hearing in Charleston, you'll likely notice someone sitting over to the right watching the proceedings.   ... Continue Reading »

Means Test Car Ownership Expense Decided by U.S. Supreme Court

January 12th, 2011  |  1 Comment ››

Written by Charleston Bankruptcy Lawyer, Russell A. DeMott The United State Supreme Court has held that a debtor cannot claim the auto ownership expense on the Bankruptcy Code's means test unless the debtor has ... Continue Reading »

Scarlet Letter of Bankruptcy–A Thing of the Past?

May 16th, 2010  |  No Comments ››

Written by New York Bankruptcy Lawyer Jay S. Fleischman. Remember the book, The Scarlet Letter?   You know, the one where the woman does something and is marked for the rest of her life ... Continue Reading »

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