Monthly Archives: April 2012

BANKRUPTCY MAY NOT BE THE ONLY WAY TO SAVE YOUR HOME

Many people try to save their homes from foreclosure using the bankruptcy processes. Many times, bankruptcy is the only way to save your home and stop a foreclosure. Looking at all the ways to try and save your home is … Continue reading

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CHAPTER 13 AND DISPOSING OF PROPERTY

During a Chapter 13 case, the Bankruptcy Court in the District of South Carolina retains control over your property or assets, whether they be a car, a house or a piece of furniture. A debtor in a Chapter 13 case … Continue reading

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BUYING SOMETHING WHILE IN A CHAPTER 13 PLAN

Life always requires certain tradeoffs, for example, if you want to lose weight you cannot eat chocolate cake unless you exercise more. Chapter 13 has its own rules that you must follow if you want to be allowed to use … Continue reading

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LIEN STRIPPING AND HOW IT COULD SAVE YOUR HOME

Lien stripping allows a mortgage that is under-secured to be reduced to the value of the property securing the mortgage. This sounds wonderful, but, it will not save your home. The reason for this sad fact is caused by the … Continue reading

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DEBT SETTLEMENT COMPANIES RIP OFF MANY PEOPLE IN SOUTH CAROLINA

Debt settlement companies could be a good thing if almost all of them were not crooked. Before most debt settlement companies begin, they break the laws of the State of South Carolina. Under South Carolina Law, a debt settlement company … Continue reading

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CAN YOU ADD AND SUBSTRACT OR WHY FINANCIAL DIETS FAIL?

When meeting for the first time to discuss financial problems and whether filing a Chapter 7 or Chapter 13 Bankruptcy, I am often amazed by how often people simply will not add and subtract. Math is such a simple thing … Continue reading

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