Charleston Bankruptcy Blog | South Carolina Bankruptcy Law

Time 2020-10-17 22:06:26

Web Name: Charleston Bankruptcy Blog | South Carolina Bankruptcy Law

WebSite: http://www.scbankruptcyattorney.com

ID:85450

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Changes in Chapter 7 and Chapter 13 of Bankruptcy Code Under CARES ActJuly 25, 2020The COVID-19 pandemic has affected many people s lives, including loss of jobs and closure of businesses. It has, without a doubt, greatly affected the economy. In line with this, many individuals and businesses are declaring bankruptcy. Thus, the U.S. government founded the Coronavirus Aid, Relief, and Economic Security (CARES) Act. The CARES Act was enacted DetailsWhen and Why Should You File for Bankruptcy?July 14, 2020When things don’t work out for you financially and your liabilities far exceed your assets, filing for bankruptcy seems like the next best option—and in many cases, it is. The federal courts can relieve people of previous debts or provide more favorable repayment plans so that debtors can start over on a clean slate. Like DetailsHow the CARES Act Can Help with Student LoansJune 16, 2020The Coronavirus Aid, Relief, and Economic Security Act was signed into law by the President on March 27, 2020. The CARES Act suspends the collection of student loans owned by the federal government, including interest, through September 30, 2020. It does not apply to student loans that are not owned by the Department of Education. DetailsStrategies for Dealing with Student Loan DebtJanuary 28, 2019Student loan debt has long been a cause of great annoyance to personal bankruptcy lawyers. Many of my Charleston area clients struggle with student loan repayment. As I have discussed before in this blog, bankruptcy courts in South Carolina interpret the Bankruptcy Code to limit the circumstance in which you can use bankruptcy to eliminate Details5 Things to Know if You Have Tax DebtJune 17, 2018We re seeing more and more situations here in the Charleston area in which people have tax messes. Here are some things to keep in mind about tax problems. 1. File your taxes on time. Failure to file is actually a crime. You may need an extension. If you can t file on time, file for an DetailsWe re Moving!June 1, 2016We ve been at our current location for five years now, but effective June 13, we ll be relocating to 103 Grandview Drive, Suite B, in Summerville. We ve shared space with the Steinberg Law FirmBankruptcy and Taxes: File Your Tax Returns!April 10, 2016 Tax debt can be discharged through bankruptcy, but you need to understand the rules. The key is filing your returns on time. I spend considerable time in my bankruptcy practice dealing with clients with tax debt. It s common. And one common problem with these clients is that, all too often, they have not filed DetailsKeeping Your Car out of BankruptcyJanuary 25, 2016I frequently hear clients say things like, I don t want to file bankruptcy on my car. You file on all debts, but you need to understand what that means. As I tell clients, you must list all your debts when you file bankruptcy under any Chapter of the Bankruptcy Code. That does not, however, mean Details

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Bankruptcy law blog written by Charleston area lawyer, Russell A. DeMott. Serving Summerville, Mt. Pleasant, Charleston, Goose Creek, and surrounding areas.

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