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Is Bankruptcy Right for Me?

If you are crushed under overwhelming debt and struggling to regain control of your finances, bankruptcy could give you the clean slate you need. But while filing bankruptcy offers many benefits, it is an important decision that you shouldn't make lightly. If you are wondering "is bankruptcy right for me?" it's best to speak to an experienced North Charleston bankruptcy attorney who can help you weigh your options. What Benefits Does Bankruptcy Offer? Bankruptcy Can Eliminate Debt Perhaps the best benefit of bankruptcy is…

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How to Stop Wage Garnishment Through Bankruptcy

When you're struggling to pay debts, wage garnishment only adds insult to injury. Let's face it — who wants chunks of their hard-earned paycheck taken out every month? In fact, the court can order your employer to take as much as 25% of your paycheck to pay creditors. How can you get back on your feet financially when you're losing a significant portion of your income? Fortunately, you have options. While it may not seem like an appealing prospect, filing for bankruptcy can help. Below, we…

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Can You File Bankruptcy on Medical Bills?

Medical emergencies can occur without warning, leaving you injured and out of work. And when your medical bills keep piling up, debt can quickly get out of control. But can you file bankruptcy on medical bills? You can. In fact, medical debt is one of the most common reasons people file bankruptcy. At Steadman Law Firm, we can explain your options and help you regain control of your finances. What Happens When You Have Outstanding Medical Debt? Any outstanding medical debt you hold…

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Can One Spouse File Bankruptcy Without the Other?

While married couples are bound together by the vows they take, when it comes to filing bankruptcy, things are viewed a little differently. Can one spouse file bankruptcy without their partner? Or is it better to file bankruptcy together? First off, yes, you can file bankruptcy either as an individual or with your partner. But the path you and your partner decide to take will depend heavily on your financial situation. Your Options for Filing Bankruptcy as a Married Couple Perhaps…

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How Long Does Chapter 7 Bankruptcy Take?

By now, you probably know the benefits of filing for Chapter 7 bankruptcy. Among them is the relative speed with which you can receive a discharge. The sooner your bankruptcy closes with a discharge, the sooner you can start fresh financially. But how long does Chapter 7 bankruptcy take, from filing to discharge? The general rule is that Chapter 7 cases take four to six months to complete. A Chapter 7 case free of any issues will take about four months.…

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