Category Archives: EXEMPTIONS

This section attempts to explain about exemptions and how they affect what properties you get to keep and what you will lose if you file bankruptcy

KEEPING YOUR BODILY INJURY AWARD IN SOUTH CAROLINA

A question that comes up when you have been seriously injured is what happens to your creditors?  Actually, I believe the true question is what can a creditor do to you if you are not able to pay your regular … Continue reading

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PROTECTING YOUR WORKER’S COMPENSATION AWARD?

Many people are concerned that they may be required to turn over all or a portion of a worker’s compensation award to creditors.  If you live in South Carolina, your award is, in most situations, safe from a creditor claim. … Continue reading

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MAY I KEEP THE PROCEEDS FROM DEATH BENEFIT OF A GROUP POLICY

South Carolina law provides protection to you if you have lots of debts and have received a benefit from a group life insurance policy.  This means that if you lose a spouse or someone and therefore cannot pay all the … Continue reading

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EXEMPTIONS UNDER SOUTH CAROLINA AND BANKRUPTCY LAW

There are many exemptions that exist under South Carolina Law that can be used to protect assets from a creditor and/or Trustee. These exemptions apply whether in a Bankruptcy Case or if a creditor is trying to find assets to … Continue reading

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WHY YOU LOVE EXEMPTIONS AND REPOSSESSIONS SELDOM OCCUR

WHY YOU LOVE EXEMPTIONS AND REPOSSESSIONS SELDOM OCCUR  Exemptions are why you should not be terrified of most creditors. Before we talk about what exemptions are, let’s talk about what they are not. Exemptions are not something that helps you … Continue reading

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CHARLESTON BANKRUPTCY AND YOUR VEHICLE EXEMPTION

CHARLESTON BANKRUPTCY AND A VEHICLE EXEMPTION CAN I KEEP MY CAR IF I FILE BANKRUPTCY IN S.C. One of the concerns of someone who is about to file bankruptcy is can a debtor keep a car or truck? The exemption … Continue reading

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