Category: Debt Relief

  • Foreclosure Prevention Event

    The SC Department of Consumer Affairs is partnering with the US Department for Treasury in promotion of their Help for Homeowners Foreclosure Prevention Event to be held at the Columbia Metropolitan Convention Center on June 28 from 1:00pm-8:00pm. At the event, distressed borrowers will be able to discuss foreclosure prevention options one-on-one with banks, credit unions and […]

  • Stop Being Afraid of Bankruptcy and Start Living your Life Again!

    “I never thought I would have to file bankruptcy.” “I never thought I would be here.” “I was doing fine until I got sick.” “I was brought up to pay my bills.” “I am robbing Peter to pay Paul.” “I could pay my bills until I lost my job.” Everyday during consultations I hear statements […]

  • The Bankruptcy Filing Process

    The Bankruptcy Filing Process. There are a lot of people in South Carolina that have questions about the bankruptcy filing process.  While it can vary depending on several factors, this post should provide some basic insights into what to expect in a typical case.  Bankruptcy can be a scary and intimidating situation but working with […]

  • Government Settlement forces Big 5 to change Mortgage Servicing Practices

    Changes in Mortgage Servicing Practices took effect on October 2, 2012 The $25 billion government settlement with the big five mortgage companies- Bank of America, Citigroup, Ally Financial, Wells Fargo and JPMorgan Chase, have instituted more than 300 changes in the way they service mortgages.  The changes took effect on Tuesday, October 2nd.  Here are […]

  • Erase Credit Card Debt

    Are you caught in the credit trap? Credit card debt can accumulate for a number of reasons: loss of income, death in the family, medical bills, or divorce. A lot of credit card debt can be very stressful and create a financial strain on your family.  It seems like you can keep paying the minimum […]

  • Avoid Auto Repossession

    Is your car about to be repossessed? By filing bankruptcy your car is protected and the creditor can’t repossess once you get a case number.  Bankruptcy creates an automatic stay that stops creditors from repossessing your vehicles.  Even if your vehicle has already been repossessed, you have ten days to get it back by filing […]

  • Who can file a Chapter 13?

    Just about anyone can file a Chapter 13. There is a jurisdictional limit on your debt. This means that your secured debt can’t be more that $1,081,400 and your unsecured debt can’t be more than $360,475.  If you are over the jurisdictional limit, then you are not eligible for a Chapter 13.