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filing bankruptcy in sc Columbia
- Location: 220 Stoneridge Drive Suite 301, Columbia, South Carolina, United States
Many people assume that if they file for bankruptcy, none of their assets will be protected. However, people in South Carolina may be relieved to find out that “Asset Protection” laws allow them to keep certain assets regardless of their debts to others. Bankruptcy is a broad term for a Federal law that allows businesses and individuals to escape from debt and pay off their creditors. Although, there are various types of bankruptcy, the two most commonly used are Chapter 7 and Chapter 13.
https://www.reedlawsc.com/articles/filing-for-bankruptcy-in-south-carolina/
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