Columbia and Florence, SC – Reed Law Firm, P.A. is now accepting clients for Chapter 3 bankruptcy services as it is a federally recognized debt relief agency. Being located in Columbia SC Bankruptcy Lawyer, the firm offers an individualized approach for every client who is in search for legal assistance to solve financial issues with the help of bankruptcy law.
Understanding Chapter 3 Bankruptcy
Straight bankruptcy, also known as Chapter 3 bankruptcy, is the legal procedure by which several debts like credit card dues, and unpaid medical expenses are wiped off. This process gives persons a new start and allows those who desire a new start to make a fresh start on their financial planning without the hindrance of immense debts. As to conventional misconceptions, the majority of the necessary assets, such as cars, homes, household appliances, and so forth, are excluded from the sale since it is possible to maintain these items while discharging the corresponding obligations. A majority of Chapter 13 filers do not surrender any property at all to their bankruptcy.
Qualifying for Chapter 13 Bankruptcy
Applicants for Chapter 13 bankruptcy have to undergo the so-called ‘means test,’ which compares his/her average monthly income to average monthly earnings in South Carolina. If an individual has earned the equivalent of or less than the average wage of the state for the prior six months, the test is passed. The applicants are also allowed to deduct other necessary expenses, and therefore people with large incomes may still be considered if they have little amounts that they can spend. Thus, it is challenging to make these calculations, which is why each person should contact the competent lawyers at Reed Law Firm, P.A.
Compassionate Legal Advocacy
At Reed Law Firm, P.A., South Carolina foreclosure attorney appreciate the life changes that come with debt and bankruptcy. The firm’s attorneys are dedicated to clients’ respect and do not judge while representing their legal cases. They understand that every client is different, and provide the necessary information for people to make the right decisions when it comes to their monetary entitlement.
Meet the Attorneys
- Eric S. Reed: Specializing in bankruptcy law for over 15 years, Eric Reed offers clients from California the opportunity to start fresh and free from monetary obligations which threaten to take their homes or other properties. He brought in a wealth of experience by his bedside with an amazing trait of empathy in addressing clients’ needs.
- Nancy E. Johnson: Nancy Johnson is a professional attorney at Reed Law Firm, P.A., thus comes with numerous and extensive practice in the law of bankruptcy and offers quality service after putting into consideration the needs of the clients.
- Jane S. Ruschky: Jane Ruschky therefore presents a strong advocacy with the clients besides demonstrating a mastery of all the processes involved in bankruptcy debt.
Client-Centered Services
At Reed Law Firm, P.A., we provide initial consultations for free to enable a client to explain the circumstances surrounding his or her finances and to listen to the possible solutions provided. Cognizant that, filing for bankruptcy is a big decision the firm’s attorneys avail a basic understanding of the process, the likely consequences, and the available options. Their purpose is to help clients make decisions that are most appropriate to their circumstances and help achieve financial resilience.
About Reed Law Firm, P.A.
Reed Law Firm, P.A. is a Law firm based in South Carolina with a focus on representing clients regarding bankruptcy legal cases alongside offering debt services. Being a federally recognized debt relief agency, the firm does not only assist people who file for bankruptcy by the U.S. Bankruptcy Code but takes pride in it as well. Having established a strong belief in giving people hope of a debt-free life, Reed Law Firm, P.A. should provide sound legal representation to individuals who require legal help due to debt.
