Columbia Chapter 7 Bankruptcy Lawyers
Serving South Carolina
Chapter 7 is a liquidation under the Bankruptcy Code. That sounds scary, but the vast majority of consumer cases are “no asset” cases, meaning the debtor (that’s you) doesn’t surrender any property. Chapter 7 can be a sound solution for people with excessive credit card debt, medical bills or other unsecured debts and with no real ability to make payments to their creditors after providing for reasonable living expenses.
At Meredith Law Firm LLC, we have helped many people throughout South Carolina file Chapter 7 bankruptcy. Our lawyers offer skilled legal representation and personalized client services to people who are going through difficult times.
Eliminate Unsecured Debts With Chapter 7 Bankruptcy
Under Chapter 7 the debtor typically emerges free from all unsecured debt by receiving a discharge approximately six months after filing. While Chapter 7 bankruptcy offers powerful debt relief to those who qualify, it is not necessarily the answer for everyone. Chapter 7 is generally not the answer for someone who is:
- Behind on his or her mortgage or car payments.
- Someone who has a significant amount of income remaining in his or her monthly budget after providing for his or her reasonable living expenses (but not including debt payments).
- Someone whose property or assets are worth more than certain protected amounts thereby exposing those items to his or her creditors in a liquidation — those situations are properly handled in Chapter 13.
At Meredith Law Firm, we will look closely at your financial picture and help you find out which type of bankruptcy is best for you.
Contact Our Charleston Credit Card Debt Attorneys Serving Surrounding Communities
If you would like to discuss your case with one of our experienced Columbia Chapter 7 bankruptcy attorneys, contact us today to schedule a free initial consultation. Call our North Charleston Office at 843-410-3961 or our Columbia Office at 803-753-7351 or our Myrtle Beach office at 843-353-3553. Our offices are open Monday through Friday from 8:30 a.m. to 5:30 p.m. We look forward to assisting you.
We are a debt relief agency. Robert R. Meredith Jr. is responsible for all advertising content.