Credit card debt remains a primary reason that folks call me to ask for a financial problem evaluation issues. Generally bankruptcy constitutes one option but by no means is Chapter 7 or Chapter 13 the only option. Recently I met with a very nice woman who owes around $6,000 in credit card debt, but not [...]
credit card debt
As a bankruptcy lawyer, one of the first things I advise my clients to do when they decide they are filing bankruptcy and hire me is to stop paying on their credit cards. More on this later in the post. Recently, though, before I could offer that advice, a client asked me: “What happens when [...]
In my Charleston, South Carolina bankruptcy practice, I’m frequently asked, “how much is it?” I recently wrote about attorneys fees in bankruptcy and how the amount of the fee should not be your primary focus in hiring an attorney. After all, you want quality representation and you want the debt as gone as it can [...]
As a bankruptcy lawyer, I’m often contacted by folks who ask, “Should I marry someone who is about to file bankruptcy?” Understandably, they don’t want to be on the hook for the debts of their future spouse. But then there’s love. He makes her heart go thump thump. She’s desperately in love with him. She [...]
Often people come to see me who have been working with a debt settlement company but are unable to manage the payments to the debt settlement company or get discouraged with the whole process. How can bankruptcy be better? To be clear, a debt settlement company is an entity that will take your money in [...]
Bankruptcy and divorce go hand in hand. It may sound like a good way for divorced couples to end their joint bill problems. A prospective client recently posed the following question: I was divorced within the past year. While I was married, my ex-husband and I incurred over $50,000 in credit card debt. Some of [...]
