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Tag Archives: business
Avoiding Bankruptcy
Written by Lexington/Columbia Bankruptcy Lawyer, Lex A. Rogerson, Jr. Avoiding bankruptcy. There can be a number of potential reasons why someone with debt problems decides not to file bankruptcy. Fairly often we’ll advise our Columbia area clients not to file … Continue reading
Bankruptcy Means Test and Falling Incomes
Written by Lexington/Columbia Bankruptcy Lawyer, Lex A. Rogerson, Jr. In the last two years, household incomes have generally fallen in South Carolina, pulling a cruel switcheroo on many distressed middle-income families at a time when the economy makes avoiding bankruptcy … Continue reading
Posted in Means Test
Tagged bankruptcy, bankruptcy abuse prevention and consumer protection act, bankruptcy laws, bankruptcy means test, business, chapter 7, economics, household income, income, incomes, means test, median family income, median income, socioeconomics, south carolina, title 11, united states bankruptcy law, united states code
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Is Bankruptcy Really the Last Alternative?
Written by Lexington/Columbia bankruptcy lawyer, Lex A. Rogerson, Jr. Last weekend I heard a Columbia radio advertisement for a debt adjustment service. Aiming his message at those with out-of-control debt, the announcer said, “Don’t file bankruptcy – that should be … Continue reading
Posted in Benefits of Bankruptcy
Tagged avoiding bankruptcy, bankruptcy, bankruptcy abuse prevention and consumer protection act, bankruptcy debt, business, columbia bankruptcy lawyer, credit, credit card, credit cards, debt, default, file bankruptcy, filing, filing fee, finance, home equity loan, insolvency law, law, lien
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Taxes and Bankruptcy (Part One)
Written by Lexington/Columbia Bankruptcy Lawyer, Lex A. Rogerson, Jr. Congress has set out a list of 19 different kinds of special debts that people cannot cancel in bankruptcy. Among our Columbia area clients, one of the exceptions we encounter most … Continue reading
Filing Bankruptcy: Your Mortgage and Car Loan in Chapter 7
Written by Lexington/Columbia Bankruptcy Lawyer, Lex A. Rogerson, Jr. Many of my Lexington bankruptcy clients have serious debt problems but have managed to keep the payments current on their mortgages and car loans. Setting these debts as a first priority … Continue reading
Posted in Chapter 7 Bankruptcy
Tagged business, car loans, cars, chapter 7, credit, decisions, default, file bankruptcy, file chapter, lexington bankruptcy, lien, mortgage, mortgages
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Filing Bankruptcy: Your Mortgage and Car Loan
Written by Lexington/Columbia Bankruptcy Lawyer, Lex A. Rogerson, Jr. Recently a couple from Lexington consulted with me about bankruptcy and said they didn’t want to include their mortgage or car loan. When I asked what they meant, they said they … Continue reading