It’s not a dirty word, it’s a solution. Filing bankruptcy is not on anyone’s bucket list, but life happens — large medical bills, divorce, job loss or a downturn in business all can leave you drowning financially. Bankruptcy can offer a fresh start.
Thousands of South Carolina residents are facing overwhelming debt and the possibility of foreclosure or repossession. If you are in this situation, a consultation with a qualified bankruptcy attorney will provide you with solutions that can relieve the burden of crushing debt.
Making the decision to call an attorney or to file bankruptcy is difficult. We understand how overwhelmed you may be at the thought of losing your home, your vehicle or other property. For over 15 years, we have provided bankruptcy services for individuals, couples and business owners. Our attorneys and staff listen to your concerns and together we come up with a solution that best meets your needs. We treat our clients with dignity and respect.
If you are struggling to pay your bills, you are receiving harassing telephone calls from your creditors, or you have fallen behind on your mortgage, filing for bankruptcy may be the best choice to regain control of your finances, and begin building a sound fiscal future.
What is Bankruptcy?
Bankruptcy is the legal process for a person who is unable to pay his or her bills to get a fresh financial start. The right to file bankruptcy is provided by federal law, and all bankruptcy cases are handled in federal court. Filing for bankruptcy immediately STOPS all harassing creditor phone calls, lawsuits and garnishments until it is sorted out in court. This is called the “automatic stay.” Bankruptcy can give you a new fiscal beginning.
Bankruptcy may allow you to keep all of your property and eliminate or restructure your debts. The type of bankruptcy, Chapter 7 or Chapter 13, will depend in part on:
- The amount of debt you owe
- Your current income and expenses
- The type of debts you owe
- The value and type of property you own
- The assets you would like to keep
- The interest rate on automobiles loans and age of loan
Call our offices today at 843-849-1900 to schedule a Complementary, No Obligation Consultation. Meeting with a bankruptcy attorney at Freeman|Wine, LLC will give you the information you need to make a sound decision about how to handle your financial future.