Should I File for Bankruptcy in South Carolina?
Ask an Experienced Charleston Bankruptcy Lawyer
As your bankruptcy attorney, I will help you determine whether bankruptcy is the best solution for obtaining the debt relief you need. My law office in Charleston, South Carolina, is centrally located and in close proximity to North Charleston, Summerville, Mount Pleasant, where ever you are I'm close by. Using a comprehensive approach, as your bankruptcy lawyer I take the time to understand your current financial situation to help you make informed decisions about whether bankruptcy is right for you.
If your house is in foreclosure or you are constantly being harassed by creditors, bankruptcy could be viable option for you. As a Charleston South Carolina personal bankruptcy attorney, I understand that many debts are a result of unforeseen circumstances such as:
Job loss or reduced wages
Personal injury resulting in expensive medical bills
High interest rates and overdraft fees on credit card bills
If you're struggling with significant debts, you may have considered talking with a lawyer and filing for bankruptcy. However, you may be unsure whether bankruptcy will actually help your situation or make it worse. Using my experience as a bankruptcy attorney I can help you decide what's best for you.
Alternatives to Bankruptcy in South Carolina
It's possible that you may not need to claim bankruptcy. Often times creditors will be willing to work with you under a debt repayment plan or even offer you a deal to pay off a percentage of the loan and call it even.
You also could be eligible for a Debt Consolidation Loan. Under this scenario you attempt to secure a loan to pay off all creditors. Now you would have everything consolidated into one monthly payment.
So is Bankruptcy my best option?
In our one-on-one consultation at my law office in Charleston South Carolina, we will discuss in broad terms your current income, your outstanding debts and your current monthly expenses to determine whether filing for bankruptcy would ultimately help you toward your financial goals. If bankruptcy is a viable option for you, as your bankruptcy attorney, I will do a ”Means Test” to determine whether you qualify for Chapter 7 bankruptcy or whether Chapter 13 bankruptcy would better suit your needs.