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South Carolina Chapter 7 Bankruptcy Services
If you have high levels of credit card debt, large medical bills, or other types of unsecured debt, and you can't afford the payments, Chapter 7 bankruptcy may be a good option for you. Also referred to as a straight bankruptcy or liquidation, Chapter 7 lets you settle your debts by selling your nonessential assets and using that money to repay your creditors.
Creating a New Beginning
One of the biggest myths about filing for Chapter 7 bankruptcy is that you lose everything you own. In fact, nothing could be further from the truth. While some of your property may be sold to repay your debts, the law allows you to "exempt," or keep, a specified equity value in certain critical assets like your home, your car, clothing, and specific household goods, among others. If you do not have any property that can be sold, yours may be declared a "no-asset" case, and you won't lose anything. Most Chapter 7 cases are no asset.
Experience & Expertise
Our founding attorney, Richard A. Steadman, Jr., has over 30 years of experience in the practice of law. He will represent you at all meetings and hearings involved with your case. He personally handles every aspect of your legal matter, from the filing of the petition to the conclusion of your case. Between Mr. Steadman and his team of paralegals and support staff, you will always have access to someone who can answer your questions and fulfill your needs.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
Call Steadman Law Firm Today at
(843) 535-0165 for a Free Consultation!