Guide to South Carolina Bankruptcy Law

Know the exemptions you have under SC bankruptcy laws

All of your assets are at stake in a bankruptcy, from your home to your pension plan. Knowing and understanding the exemptions you have available to you will make navigating South Carolina's bankruptcy law easier and less time-consuming.

I recommend: Bankruptcy Information gives a thorough review of what the process for bankruptcy in South Carolina entails. The Bankruptcy Site has information on all of the available exemptions in South Carolina as well has a FAQ page that covers many general questions you may have on the bankruptcy process.

Understand the process of bankruptcy in South Carolina

After the passage of the 2005 bankruptcy laws, filing for bankruptcy has changed drastically. It's not as easy to file for Chapter 7 bankruptcy, there's a new credit counseling provision; and when you file Chapter 13 bankruptcy, you are expected to pay more under your payment plan and face stiffer penalties if you don't make timely payments. South Carolina bankruptcy laws have been affected accordingly.

I recommend: Lawyers.com covers all aspects of the bankruptcy process in South Carolina, from the types of filings available to South Carolina bankruptcy court. South Carolina Bankruptcy.com also has information on the bankruptcy process.

Find a good South Carolina bankruptcy attorney

Like it or not, a good lawyer is absolutely necessary when filing bankruptcy in South Carolina, particularly when you have a business involved. The more assets you have, the more complicated your filing may be. You need to find a good bankruptcy attorney in South Carolina to make a difficult process as smooth as possible.

I recommend: SouthCarolinaBankruptcyLawyers.com has a wealth of information on South Carolina bankruptcy attorneys. The Law Offices of Andrew C. Marine is one of many South Carolina bankruptcy law firms that can help you with your bankruptcy filing.