Blog

Is Filing Bankruptcy on Your Own a Good Idea?

A medical issue, divorce, unemployment, or other problem can leave you broke and struggling to get out of debt. Without much money, you could be tempted to file for bankruptcy on your own. Be warned, though, that filing bankruptcy “pro se”, or without an attorney, can be a waste of time and money. It’s easy to make mistakes during the difficult and stressful bankruptcy process, especially if you haven’t gone through it before. In this article, we discuss common mistakes…

Read More>>

What You Need to Know About the Bankruptcy Meeting of Creditors

Also called a “341 hearing”, the meeting of creditors can be another source of stress during the bankruptcy process. However, the conclusion of a 341 hearing can provide tremendous relief as it offers a fresh financial start. In this article, we’ll take a close look at what you should expect at the meeting of creditors. To learn more, contact a North Charleston bankruptcy attorney at Steadman Law Firm, P.A. today. What Is a Meeting of Creditors? The meeting of creditors is an important part of…

Read More>>

3 Steps to Rebuilding Credit After Bankruptcy

One of the most common misconceptions about bankruptcy is that it destroys your credit. While creditors aren’t going to trust you immediately after you file, the bankruptcy will eventually be removed from your credit report. Also important to remember is the fact that creditors consider your recent credit history to be more important than stuff that happened in the past. In the meantime, there are a number of steps you can take to start rebuilding credit after bankruptcy. The question, of course,…

Read More>>

How to Stop Creditor Harassment

There are legal debt collection methods, but when it rises to the level of harassment, it is very likely illegal. Believe us when we tell you, a legitimate creditor does not need to resort to petty harassment in order to collect on a debt. They can sue you directly, and once they’ve obtained a judgment against you, they place liens on your property, garnish your wages, or levy your bank account. They must go through a judge to do so,…

Read More>>

Can Bankruptcy Stop Foreclosure?

While filing for bankruptcy won’t necessarily allow you to keep your home, it can help you to put a hold on the foreclosure process. Worst case scenario, it buys you a little bit of time to get your finances in order and plan your next move. Steadman Law Firm has helped numerous families keep their most valuable asset and climb their way out of debt. If bankruptcy is the answer, we can also offer you advice on how to rebuild your credit.…

Read More>>