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Chapter 13 Bankruptcy in South Carolina: How a Repayment Plan Works

Thu, 15 Oct 2026 16:00:24 GMT

Chapter 13 Bankruptcy in South Carolina: How a Repayment Plan Works

When people think about bankruptcy, they often picture losing everything. But Chapter 13 bankruptcy works differently. Instead of selling property to pay creditors, Chapter 13 lets you keep your assets and repay some or all of your debts through a court-approved plan over three to five years.

For many South Carolina families, Chapter 13 is a way to catch up on a mortgage, keep a car, stop collection calls, and get a fresh start without losing what they’ve worked for. Here’s how it works.

What Is Chapter 13 Bankruptcy?

Chapter 13 is sometimes called a “wage earner’s plan.” It’s designed for people with regular income who can afford to make monthly payments but need time and legal protection to get their debts under control.

You make one monthly payment to a Chapter 13 trustee, who then distributes the money to your creditors according to your plan. At the end of the plan, many remaining eligible debts can be discharged, meaning you no longer owe them.

Who Qualifies for Chapter 13?

To file Chapter 13, you generally need:

Regular income, such as wages, self-employment income, Social Security, or retirement benefits
Debts below the federal limits. For cases filed between April 1, 2025, and March 31, 2028, the limits are $526,700 in unsecured debt and $1,580,125 in secured debt.
Up-to-date tax filings for the required years
Credit counseling from an approved agency within 180 days before filing

Chapter 13 can also be an option for people whose income is too high to qualify for Chapter 7.

How Long Does a Chapter 13 Plan Last?

Your plan will last either three or five years. The length usually depends on your income:

If your household income is below South Carolina’s median income for your family size, your plan is typically three years.
If your income is above the median, your plan is typically five years.

Your monthly payment is based on your income, necessary living expenses, and the types of debts you owe.

What Can Chapter 13 Help With?

Chapter 13 offers powerful tools that aren’t available in Chapter 7. It can help you:

Stop foreclosure and catch up on missed mortgage payments over time
Keep your car and, in some cases, lower the amount you have to repay on a car loan
Stop wage garnishments, lawsuits, and collection calls through the automatic stay
Protect co-signers, such as a family member who co-signed a loan, from collection while your case is open
Repay tax debts and support arrears over time without added pressure
Protect property that may not be fully protected in a Chapter 7 case

If you’re worried about losing your home or vehicle, read more about whether you can keep your house and car in bankruptcy in South Carolina .

The Chapter 13 Process, Step by Step

Here’s a general overview of what to expect:

Credit counseling: Complete an approved course before filing.
File your petition and plan: Your attorney files your bankruptcy paperwork and proposed repayment plan with the court.
Automatic stay: As soon as you file, most collection actions, including garnishments and foreclosure, must stop.
Begin payments: You generally start making plan payments to the trustee within 30 days of filing.
Meeting of creditors: You’ll answer questions from the trustee under oath. Creditors may attend but often don’t.
Plan confirmation: The bankruptcy judge reviews your plan and decides whether to approve it.
Complete your plan: You make your monthly payments for three to five years and finish a financial management course.
Discharge: Once your plan is complete, many remaining eligible debts are discharged.

Chapter 13 vs. Chapter 7

Chapter 7 is often faster and wipes out eligible debts in a few months. But it may not be the right fit if you’re behind on your mortgage, have property you want to protect, or earn too much to qualify.

Chapter 13 takes longer, but it gives you more control over how you handle secured debts like your home and car. To compare, read our post on whether Chapter 7 bankruptcy is right for you .

Frequently Asked Questions

Can Chapter 13 stop a foreclosure in South Carolina?
Yes. Filing Chapter 13 triggers the automatic stay, which generally stops a foreclosure. Your plan can then give you time to catch up on missed mortgage payments.

What happens if I miss a Chapter 13 payment?
Missing a payment doesn’t automatically end your case, but it can lead to dismissal if it isn’t addressed. If your income changes, your attorney may be able to modify your plan.

Do I have to repay all of my debts in Chapter 13?
Not always. Many people repay only a portion of their unsecured debts, like credit cards and medical bills, depending on their income and expenses. Remaining eligible balances may be discharged at the end of the plan.

Talk to a Greenville Chapter 13 Bankruptcy Attorney

Chapter 13 can be a powerful way to protect your home, your car, and your future. Attorneys Jason Ward and Anna Tarbert of Ward & Tarbert, LLC help individuals and families in Greenville and throughout South Carolina understand their options and build a plan that works.

Learn more about Chapter 13 bankruptcy or how bankruptcy can stop wage garnishment and creditor harassment . Call 864-900-9323 or contact us to schedule a consultation.

How Does Chapter 11 Bankruptcy Work in South Carolina?

Fri, 18 Sep 2026 19:15:01 GMT

How Does Chapter 11 Bankruptcy Work in South Carolina?

Financial difficulties do not always mean that a business needs to close or that an individual must give up valuable assets. For businesses, business owners, and certain individuals facing substantial debt, Chapter 11 bankruptcy may provide an opportunity to reorganize financial obligations while working toward a more stable future.

Chapter 11 is commonly referred to as a reorganization bankruptcy. Rather than requiring immediate liquidation, it generally allows a debtor to propose a plan for addressing debts over time. Businesses can often continue operating during the case, while individuals who qualify may also use Chapter 11 to restructure their financial obligations.

At Ward & Tarbert, LLC , we help clients in Greenville and throughout Upstate South Carolina evaluate their debt relief options. Chapter 11 can be a complicated process, and we work closely with our clients to determine whether reorganization offers a practical path forward.

What Is Chapter 11 Bankruptcy?

Chapter 11 of the Bankruptcy Code provides a process through which eligible debtors can reorganize their financial affairs. Although it is frequently associated with corporations and other businesses, individuals can also seek Chapter 11 relief.

A central part of the process is developing a plan of reorganization. This plan explains how different categories of creditors will be treated and how the debtor intends to address outstanding obligations. Depending on the circumstances, Chapter 11 may provide opportunities to restructure certain loans, address past-due taxes, negotiate with creditors, and reorganize other debts.

At Ward & Tarbert, LLC , we can evaluate your financial situation and help you understand whether Chapter 11 makes sense for your business or personal finances.

What Happens When You File Chapter 11 in South Carolina?

A Chapter 11 case generally begins when a bankruptcy petition is filed with the appropriate bankruptcy court. The filing must be accompanied by detailed information concerning the debtor's financial affairs, and additional schedules, statements, and documentation may be required.

Filing bankruptcy also generally triggers an automatic stay. The automatic stay prevents many creditors from continuing collection actions while the bankruptcy case proceeds, although there are exceptions and creditors may sometimes ask the court to lift the stay.

This protection can be particularly valuable for a business facing significant creditor pressure or a property owner confronting foreclosure. Ward & Tarbert, LLC can help clients understand how the automatic stay may apply to their particular circumstances.

Can You Continue Operating Your Business During Chapter 11?

One of Chapter 11's defining features is that a business will ordinarily remain in control of its assets and operations rather than immediately turning them over to a bankruptcy trustee.

The debtor generally becomes what is known as a "debtor in possession." A debtor in possession typically continues operating the business while also assuming important responsibilities associated with administering the bankruptcy estate. Those responsibilities can include accounting for property, reviewing claims, and submitting required financial and operating reports.

Remaining operational can give a financially distressed company time to address underlying problems while pursuing a restructuring strategy.

However, continuing to operate under Chapter 11 also carries significant responsibilities. Our bankruptcy attorneys at Ward & Tarbert, LLC can help you understand what will be expected throughout the case and guide you through the requirements of the reorganization process.

How Does a Chapter 11 Reorganization Plan Work?

The reorganization plan is at the heart of a traditional Chapter 11 case.

Generally, the debtor proposes a plan describing how its financial obligations will be handled. Claims are classified, and the plan specifies how each class will be treated. Creditors whose contractual rights are being changed may have an opportunity to vote on the proposed plan.

Traditional Chapter 11 cases also generally involve a disclosure statement containing enough information about the debtor's finances and business affairs for creditors to make an informed decision about the proposed plan. Different requirements can apply to certain small business and Subchapter V cases.

Ultimately, the bankruptcy court determines whether the plan satisfies the legal requirements for confirmation.

Developing a workable plan requires careful consideration of your income, assets, liabilities, creditors, and long-term goals. At Ward & Tarbert, LLC , we can help develop a strategy designed around both the requirements of bankruptcy law and the realities of your financial circumstances.

What Debts Can Chapter 11 Help Restructure?

Chapter 11 may offer flexibility for businesses and individuals dealing with several types of financial obligations. Depending on the circumstances, Chapter 11 may be used to address issues involving:

Defaulted or matured bank loans
Past-due tax obligations
Secured debts
Certain liens involving real estate
Business debts
Other obligations owed to creditors

Ward & Tarbert, LLC specifically assists Chapter 11 clients with issues such as restructuring bank debt, addressing past-due tax debt, stopping certain foreclosure actions, dealing with liens against real estate, and negotiating with creditors.

The options available will depend heavily on the nature of your debts, your assets, and your ability to support a workable reorganization.

Can Chapter 11 Stop a Foreclosure?

The automatic stay that generally takes effect when bankruptcy is filed can temporarily stop many collection activities, including certain foreclosure proceedings. However, the protection is not necessarily permanent. A secured creditor may ask the bankruptcy court for permission to proceed with foreclosure under certain circumstances.

For property owners facing foreclosure while also carrying significant debt, Chapter 11 may provide time and a legal framework for addressing those obligations.

Timing can be extremely important when foreclosure is approaching. If you are facing the potential loss of real estate in Greenville or elsewhere in Upstate South Carolina, speaking with our bankruptcy team as early as possible can help you understand which options may still be available.

Who Can File Chapter 11 Bankruptcy?

Chapter 11 is frequently used by businesses, including corporations, partnerships, and sole proprietorships. However, it is not limited to commercial entities. Individuals can also seek relief under Chapter 11.

At Ward & Tarbert, LLC , we assist businesses, individuals, and families considering Chapter 11 relief. Whether Chapter 11 is appropriate depends on the amount and type of debt involved, your assets, your financial resources, and your ability to successfully reorganize.

Before filing, we can review your circumstances and compare Chapter 11 with other potential debt relief options.

What Is Subchapter V of Chapter 11?

Certain qualifying small businesses may be able to proceed under Subchapter V of Chapter 11. This form of bankruptcy was created to provide qualifying small business debtors with a more streamlined reorganization process.

Subchapter V differs from a traditional Chapter 11 case in several important ways. For example, only the debtor may file a reorganization plan in a Subchapter V case, and a separate disclosure statement generally is not required unless the court orders otherwise.

Ward & Tarbert, LLC handles both Chapter 11 and Subchapter V matters. We can evaluate your business and explain which option may be appropriate based on your circumstances.

Is Chapter 11 Bankruptcy Right for Your Business?

Chapter 11 can provide significant opportunities, but filing should not be viewed as a simple solution to financial problems.

A successful reorganization requires planning, detailed financial disclosures, compliance with bankruptcy requirements, and a realistic strategy for moving forward. A business should have a viable path toward operating successfully after its debts are reorganized.

Before deciding to file, consider questions such as:

Is the underlying business capable of becoming financially sustainable?
Which debts are creating the greatest financial pressure?
Are creditor actions threatening the company's ability to operate?
Does the business have sufficient revenue to continue operations?
Could restructuring debt create a realistic path toward profitability?

Our role at Ward & Tarbert, LLC is to help you evaluate these questions before making such an important financial decision. If Chapter 11 is appropriate, we can guide you through the filing, reorganization, and confirmation process while helping you understand what is required at each stage.

Talk to a Greenville Chapter 11 Bankruptcy Attorney

Financial problems can place enormous pressure on a business, individual, or family, but substantial debt does not necessarily mean you have run out of options. Chapter 11 bankruptcy may provide the opportunity to restructure obligations, address creditor pressure, protect important assets, and build a more manageable financial future.

At Ward & Tarbert, LLC , we understand that no two financial situations are exactly alike. Our Greenville bankruptcy attorneys take the time to evaluate your debts, assets, financial goals, and available options before helping you determine the right path forward. We proudly serve clients in Greenville and throughout Upstate South Carolina.

If you are considering Chapter 11 bankruptcy, you do not have to navigate the process alone. Contact Ward & Tarbert, LLC at 864-900-9323 to schedule a consultation and learn more about your debt relief options.

Can Bankruptcy Stop Wage Garnishment and Creditor Harassment?

Thu, 16 Jul 2026 16:01:31 GMT

Can Bankruptcy Stop Wage Garnishment and Creditor Harassment?

When debt starts spiraling out of control, the stress can affect every part of your life. Constant phone calls from creditors, threatening letters, frozen bank accounts, and wage garnishments can leave individuals and families feeling trapped financially and emotionally.

Many people wonder whether bankruptcy can actually stop these collection efforts and provide real relief. In many situations, the answer is yes.

At Jason Ward Law, LLC, we help individuals throughout South Carolina understand how bankruptcy protections may help stop aggressive collection activity and create an opportunity for a fresh financial start.

What Is Wage Garnishment?

Wage garnishment happens when a creditor obtains a court order requiring part of your paycheck to be withheld and sent directly toward a debt.

Wage garnishments are commonly connected to:

Credit card debt
Medical bills
Personal loans
Certain judgments

For many people, losing part of their paycheck makes it even harder to keep up with rent, utilities, groceries, and other necessary expenses.

How Bankruptcy Can Stop Collection Actions

One of the most important protections provided by bankruptcy is something called the:

Automatic Stay.

The automatic stay goes into effect as soon as a bankruptcy case is filed. This federal protection can immediately stop many collection efforts, including:

Wage garnishments
Creditor phone calls
Collection lawsuits
Bank levies
Repossession actions
Foreclosure proceedings in some situations

This protection often provides immediate relief and gives individuals time to evaluate their financial situation more carefully.

Can Bankruptcy Stop Creditor Harassment?

In many cases, yes.

Once the automatic stay takes effect, creditors are generally prohibited from continuing collection efforts while the bankruptcy case is active. This means many collection calls, letters, and legal actions must stop.

For individuals who have been dealing with nonstop collection pressure, this relief can provide much-needed peace of mind.

Chapter 7 Bankruptcy and Debt Relief

Chapter 7 bankruptcy is designed to help qualifying individuals eliminate certain unsecured debts, including:

Credit card balances
Medical bills
Personal loans

Because Chapter 7 can discharge many debts entirely, it may also permanently stop related collection efforts once the case is completed.

Many individuals choose Chapter 7 when they need a faster path toward debt relief and financial recovery.

Chapter 13 Bankruptcy and Repayment Plans

Chapter 13 bankruptcy works differently.

Instead of eliminating debts immediately, Chapter 13 creates a structured repayment plan that allows individuals to repay debts over time while receiving bankruptcy protection.

Chapter 13 may help individuals:

Catch up on missed mortgage payments
Stop foreclosure proceedings
Prevent vehicle repossession
Consolidate debt into manageable payments

Like Chapter 7, filing Chapter 13 also triggers the automatic stay and may stop garnishments and collection activity.

Not All Debts Are Treated the Same

While bankruptcy can provide powerful protections, some debts may receive different treatment under bankruptcy law.

Certain obligations may not be fully dischargeable, depending on the circumstances. Because every financial situation is unique, it is important to review your specific debts and goals with an experienced bankruptcy attorney.

Why Early Action Matters

Waiting too long to address debt problems can sometimes lead to:

Larger judgments
Increased garnishments
Foreclosure risks
Additional financial penalties
Greater stress and uncertainty

Exploring your options early may help preserve more financial flexibility and provide additional legal protections before the situation becomes more severe.

Bankruptcy Is About Financial Recovery — Not Failure

Many hardworking people face financial hardship because of:

Medical emergencies
Job loss
Divorce
Economic challenges
Unexpected life events

Bankruptcy laws exist to help individuals regain financial stability and move forward after difficult circumstances. Seeking help is often the first step toward rebuilding your future.

How Jason Ward Law, LLC Helps Clients Facing Serious Debt

Jason Ward Law, LLC works with individuals and families throughout Greenville and South Carolina to explore Chapter 7 and Chapter 13 bankruptcy options. The firm helps clients understand their legal protections, stop aggressive collection activity, and create practical paths toward long-term financial recovery.

Take the First Step Toward Relief

You do not have to continue dealing with constant creditor pressure and financial uncertainty alone. Bankruptcy protections may help stop collection activity and give you the opportunity to regain control of your finances.

�� Contact Jason Ward Law, LLC today at 864-900-9323 to schedule a consultation and discuss your bankruptcy options.

How Can Debt Relief Help You Regain Financial Control?

Fri, 22 May 2026 20:30:01 GMT

How Can Debt Relief Help You Regain Financial Control?

Debt problems can affect nearly every part of your life. Constant creditor calls, overdue bills, mounting interest, and financial uncertainty can create overwhelming stress for individuals and families alike.

Many people facing serious debt begin to worry about:

Keeping up with monthly payments
Falling behind on rent or mortgage obligations
Wage garnishments
Lawsuits from creditors
Damage to their credit
Supporting their families

When debt becomes difficult to manage, it may feel like there is no clear way forward. However, there are often legal and financial options available that may help individuals regain stability and take back control of their finances.

At Ward & Tarbert, LLC , we help clients throughout South Carolina explore debt relief solutions tailored to their unique financial situations and long-term goals.

What Is Debt Relief?

Debt relief is a broad term used to describe strategies that may help individuals:

Reduce debt burdens
Manage payments more effectively
Stop creditor pressure
Resolve financial obligations
Work toward long-term financial recovery

Depending on the circumstances, debt relief options may include:

Debt settlement
Negotiated repayment plans
Debt consolidation
Chapter 7 bankruptcy
Chapter 13 bankruptcy

Every financial situation is different, which is why personalized legal guidance can be important when evaluating available options.

Debt Settlement May Help Reduce What You Owe

In some situations, creditors may agree to:

Settle debts for less than the full balance owed.

Debt settlement negotiations may involve:

Credit card debt
Medical bills
Certain unsecured loans

An attorney may work directly with creditors to negotiate:

Reduced payoff amounts
Modified payment terms
Lower interest obligations
Structured repayment arrangements

Successful debt settlement can sometimes help individuals avoid prolonged collection activity and reduce overall financial pressure.

Negotiating With Creditors Can Reduce Stress

Dealing with creditors directly can feel intimidating and emotionally exhausting, especially when collection calls become constant.

Legal representation may help by:

Communicating with creditors on your behalf
Negotiating repayment options
Addressing collection efforts
Working toward manageable solutions

For many people, simply having an experienced advocate involved in the process can provide significant peace of mind during a difficult financial period.

Customized Repayment Plans Can Create Stability

Debt relief is not one-size-fits-all.

Some individuals may benefit from repayment plans that:

Consolidate multiple debts
Lower monthly payments
Extend repayment timelines
Create more manageable budgeting structures

The goal is often to create realistic financial solutions that allow individuals to regain stability while continuing to meet important living expenses.

Bankruptcy May Provide a Fresh Financial Start

When debts become unmanageable, bankruptcy may provide important legal protections and financial relief.

Chapter 7 Bankruptcy

Chapter 7 bankruptcy may allow qualifying individuals to discharge certain unsecured debts, including:

Credit card debt
Medical bills
Personal loans

Chapter 7 can also stop many collection actions, including:

Creditor lawsuits
Wage garnishments
Collection calls

Eligibility may depend on financial qualifications and the bankruptcy means test.

Chapter 13 Bankruptcy Focuses on Repayment

Chapter 13 bankruptcy allows individuals to:

Reorganize debts into a structured repayment plan.

This option may help people:

Catch up on mortgage payments
Prevent foreclosure
Stop repossession actions
Retain important assets while repaying debts over time

Repayment plans are typically based on income and financial circumstances.

Debt Relief Can Help Stop Creditor Harassment

One of the most immediate benefits many individuals seek is relief from:

Repeated collection calls
Threatening letters
Lawsuits
Aggressive collection activity

Depending on the legal strategy involved, debt relief efforts may help reduce or stop these pressures while a long-term solution is developed.

Financial Problems Do Not Define Your Future

Many hardworking individuals and families face financial hardship because of:

Medical emergencies
Job loss
Divorce
Economic downturns
Unexpected life events

Seeking debt relief is not a sign of failure. In many cases, it is a practical step toward rebuilding financial stability and creating a healthier future.

Why Early Action Matters

Waiting too long to address serious debt problems can sometimes lead to:

Additional interest and penalties
Lawsuits
Wage garnishments
Foreclosure risks
Increased financial stress

Exploring options early may provide more flexibility and allow individuals to take proactive steps before the situation becomes more difficult.

How Ward & Tarbert, LLC Helps Clients Pursue Financial Relief

Ward & Tarbert, LLC works with individuals and families throughout Greenville and South Carolina to explore debt settlement, repayment strategies, and bankruptcy solutions tailored to their financial needs. The firm focuses on helping clients reduce financial stress, negotiate with creditors, and move toward long-term financial recovery with practical legal guidance and personalized support.

Take the First Step Toward Financial Relief

Debt problems can feel overwhelming, but there may be solutions available to help you regain control of your financial future. Understanding your options is often the first step toward lasting relief and stability.

�� Contact  Ward & Tarbert, LLC  today at 864-900-9323 to schedule a consultation and discuss your debt relief options.

Can You Keep Your House and Car in Bankruptcy in South Carolina?

Thu, 23 Apr 2026 16:01:23 GMT

Can You Keep Your House and Car in Bankruptcy in South Carolina?

One of the biggest fears people have about filing bankruptcy is losing their home or vehicle.

If you are considering Chapter 7 or Chapter 13 bankruptcy in Greenville or anywhere in South Carolina, you may be wondering:

Will I lose my house?
Will they take my car?

In many cases, the answer is no.

At Ward & Tarbert, LLC , we help clients understand how bankruptcy exemptions and repayment options work so they can protect what matters most while eliminating overwhelming debt.

How Bankruptcy Protects You Immediately

When you file for bankruptcy, an automatic stay goes into effect.

This court order immediately stops:

Foreclosure proceedings
Vehicle repossession
Wage garnishments
Collection lawsuits
Harassing creditor calls

This protection begins the moment your case is filed.

Can You Keep Your House in Chapter 7 Bankruptcy?

In Chapter 7 bankruptcy, your ability to keep your home depends on:

Your home equity
Whether you are current on mortgage payments
South Carolina’s homestead exemption

South Carolina Homestead Exemption

South Carolina law allows you to protect a certain amount of equity in your primary residence.

If your equity falls within the exemption limits and you remain current on your mortgage, you can often keep your home.

If you are behind on payments, Chapter 7 may delay foreclosure temporarily — but it does not create a repayment plan for catching up.

Can Chapter 13 Help Save Your Home?

Yes — Chapter 13 bankruptcy is often used specifically to prevent foreclosure.

Chapter 13 allows you to:

Catch up on missed mortgage payments
Spread out arrears over 3–5 years
Continue making regular monthly payments
Keep your home while reorganizing debt

For homeowners who are behind but have steady income, Chapter 13 can provide a structured path forward.

Can You Keep Your Car in Bankruptcy?

In many cases, yes.

Whether you file Chapter 7 or Chapter 13, your ability to keep your vehicle depends on:

The value of the car
The amount of equity you have
Whether payments are current
South Carolina vehicle exemption limits

In Chapter 7

If your vehicle’s equity falls within the exemption limits and you continue making payments, you can usually keep your car.

If payments are significantly behind, repossession may resume unless the issue is resolved.

In Chapter 13

Chapter 13 allows you to:

Catch up on missed car payments
Potentially reduce interest rates
Restructure auto loan debt
Stop repossession immediately

This makes Chapter 13 a powerful tool for protecting vehicles.

What Are Bankruptcy Exemptions in South Carolina?

Exemptions are laws that protect certain assets from being liquidated during bankruptcy.

South Carolina provides exemptions for:

Primary residences
Vehicles
Household goods
Retirement accounts
Personal property

An experienced bankruptcy attorney can evaluate your assets and determine how exemption laws apply to your specific situation.

What If You Have Significant Equity?

If you have substantial equity beyond exemption limits, Chapter 7 may not fully protect the asset.

In those situations, Chapter 13 may be the better option because it allows you to:

Keep assets
Repay creditors over time
Avoid forced liquidation

Every case is different, which is why individualized analysis is critical.

Choosing the Right Bankruptcy Chapter

At  Ward & Tarbert, LLC  , we review:

Your income
Your total debt
Your mortgage and vehicle balances
Your asset equity
Your financial goals

From there, we determine whether Chapter 7 or Chapter 13 offers the strongest protection for your home and vehicle.

You May Have More Protection Than You Think

Many people delay seeking help because they assume bankruptcy means losing everything.

In reality, bankruptcy law is designed to give individuals a fresh start — not leave them without basic necessities.

With proper planning and legal guidance, many Greenville residents are able to eliminate debt while keeping their home and car.

Speak With Ward & Tarbert, LLC Today

If you are worried about foreclosure, repossession, or losing your property due to overwhelming debt, do not wait.

Debt Settlement vs. Bankruptcy in South Carolina: What’s the Difference?

Thu, 26 Feb 2026 17:00:33 GMT

Debt Settlement vs. Bankruptcy in South Carolina: What’s the Difference?

If you’re overwhelmed by debt in Greenville or anywhere in South Carolina, you may be wondering:

Should I negotiate with creditors — or file for bankruptcy?

Both debt settlement and bankruptcy can provide financial relief, but they work very differently. Choosing the right path depends on your income, assets, types of debt, and long-term financial goals.

At Jason Ward Law, LLC we help individuals and families evaluate their options and take control of their financial future with clarity and confidence.

Here’s what you need to know.

What Is Debt Settlement?

Debt settlement involves negotiating directly with creditors to reduce the total amount you owe.

Instead of paying the full balance, a settlement agreement may allow you to:

Pay a reduced lump sum
Set up a modified payment plan
Lower interest rates
Resolve unsecured debts for less than the full amount

Common debts eligible for settlement include:

Credit card debt
Medical bills
Personal loans
Certain unsecured lines of credit

How a Debt Relief Attorney Helps

When you hire Jason Ward Law, LLC , we:

Communicate directly with your creditors
Work to stop harassing calls
Negotiate reduced payoff amounts
Develop a customized payment strategy

Debt settlement can help you avoid court and may prevent the need for bankruptcy in certain situations.

However, it is not always the best option for every case.

What Is Bankruptcy?

Bankruptcy is a federal legal process that provides court-supervised debt relief.

In South Carolina, the most common types are:

Chapter 7 bankruptcy
Chapter 13 bankruptcy
Chapter 11 (primarily for businesses)

Chapter 7 Bankruptcy in South Carolina

Chapter 7 is often called “liquidation bankruptcy.”

It allows eligible individuals to discharge unsecured debts such as:

Credit card balances
Medical bills
Personal loans

To qualify, you must pass the means test , which evaluates your income relative to state median income levels.

Many assets may be protected under South Carolina exemption laws.

Chapter 7 typically provides faster relief, often completing within several months.

Chapter 13 Bankruptcy in South Carolina

Chapter 13 is a repayment plan bankruptcy.

Instead of eliminating debts immediately, you:

Create a structured repayment plan
Pay debts over 3–5 years
Retain assets such as your home or vehicle

Chapter 13 is often used when:

You are behind on mortgage payments
You want to prevent foreclosure
You do not qualify for Chapter 7
You need time to reorganize debt

Key Differences Between Debt Settlement and Bankruptcy

1️⃣ Court Involvement

Debt Settlement: Private negotiation
Bankruptcy: Federal court process

2️⃣ Creditor Participation

Debt Settlement: Creditors can refuse settlement offers
Bankruptcy: Creditors are bound by court orders

3️⃣ Speed of Relief

Debt Settlement: Depends on negotiation progress
Chapter 7: Often faster once filed

4️⃣ Impact on Assets

Debt Settlement: No liquidation
Chapter 7: Some non-exempt assets may be liquidated
Chapter 13: Structured repayment while keeping assets

5️⃣ Impact on Credit

Both options affect credit scores, but unresolved delinquent debt also damages credit significantly.

Which Option Is Better in South Carolina?

There is no one-size-fits-all answer.

Debt settlement may be appropriate if:

You have steady income
Your debts are mostly unsecured
You want to avoid court
Creditors are willing to negotiate

Bankruptcy may be appropriate if:

You are facing lawsuits or wage garnishment
Your debt load is unmanageable
Creditors refuse to settle
You need stronger legal protection

In many cases, bankruptcy offers more comprehensive and legally binding relief.

Can Debt Settlement Stop Creditor Harassment?

Once you retain Jason Ward Law, LLC , we can communicate with creditors on your behalf.

In bankruptcy cases, the filing triggers an automatic stay , which legally stops:

Collection calls
Lawsuits
Wage garnishments
Foreclosures

This immediate protection can provide significant peace of mind.

Customized Solutions for Greenville Residents

At Jason Ward Law, LLC , we understand that no two financial situations are the same.

We evaluate:

Your total debt
Your income and expenses
Your asset exposure
Your long-term goals

From there, we recommend a customized strategy — whether that involves debt negotiation, Chapter 7, Chapter 13, or another restructuring option.

Take the First Step Toward Financial Relief

Debt can feel overwhelming — but you do not have to face it alone.

If you are struggling with mounting debt in Greenville or anywhere in South Carolina, contact Jason Ward Law, LLC to discuss your options.

Chapter 7 Bankruptcy in Greenville: Is It Right for You?

Thu, 04 Dec 2025 17:00:10 GMT

Chapter 7 Bankruptcy in Greenville: Is It Right for You?

If you’re struggling with overwhelming debt in Greenville, South Carolina, you’re not alone. Mounting bills, wage garnishments, and creditor harassment can make it feel like there’s no way out. But Chapter 7 bankruptcy may offer a path to financial relief. At Jason Ward Law, LLC , we help individuals and families across the Upstate find fresh starts through the power of bankruptcy protection.

What Is Chapter 7 Bankruptcy?

Chapter 7 bankruptcy is a legal process that allows qualified individuals to eliminate most unsecured debts , such as:

Credit cards
Medical bills
Payday loans
Repossessions
Personal loans

It’s sometimes referred to as “liquidation bankruptcy,” but in most cases, you can keep your home and car —especially if you’re current on your payments and the property falls within South Carolina exemption limits.

How Chapter 7 Helps You Regain Control

One of the most powerful tools Chapter 7 offers is the automatic stay , which goes into effect the moment you file. This halts:

Lawsuits
Wage garnishments
Repossession efforts
Foreclosure proceedings
Harassing creditor calls

This immediate relief gives you time to breathe, regroup, and start planning for a debt-free future.

Do You Qualify for Chapter 7 Bankruptcy in South Carolina?

To qualify, you’ll need to pass a means test —a calculation of your income, expenses, and household size. The court uses this to determine whether you truly can’t afford to repay your debts.

You'll also need to complete a credit counseling course before filing, and a debtor education course before your case can be discharged.

At Jason Ward Law, we walk you through each step, ensuring you're compliant with all requirements so your case proceeds smoothly.

What Chapter 7 Doesn’t Cover

While Chapter 7 is a powerful tool, some debts are non-dischargeable , including:

Child support and alimony
Most student loans
Recent tax debts
Court fines and restitution

Still, wiping out your credit card and medical debt can free up resources to manage these remaining obligations more effectively.

Why Choose Jason Ward Law for Your Bankruptcy Case

Our firm has helped countless South Carolinians get back on their feet through bankruptcy. We take a compassionate, customized approach— focusing on your specific goals and protecting your assets whenever possible.

We understand that filing for bankruptcy can feel intimidating, but we’re here to guide you through it with clarity, honesty, and support.

Take the First Step Toward Relief

Don’t let debt control your life. Contact Jason Ward Law, LLC today to schedule your consultation and find out whether Chapter 7 bankruptcy is right for you .

Chapter 13 Bankruptcy in South Carolina: A Strategic Step Toward Financial Recovery

Thu, 03 Jul 2025 15:30:02 GMT

Chapter 13 Bankruptcy in South Carolina: A Strategic Step Toward Financial Recovery

If you're facing overwhelming debt but want to keep your home, car, and other important assets, Chapter 13 bankruptcy could offer the structured relief you're looking for. Unlike Chapter 7, which focuses on liquidation, Chapter 13 allows you to reorganize your debt into a manageable payment plan—giving you time, flexibility, and protection under federal bankruptcy law.

At Ward Law Firm, we help individuals and families throughout South Carolina understand whether Chapter 13 is the right fit for their financial situation and long-term goals.

Why Consider Chapter 13 Bankruptcy?

For many people, falling behind on house or car payments doesn’t happen all at once. Life circumstances like job loss, medical bills, or divorce can quickly disrupt even the most carefully planned budgets. Chapter 13 allows you to catch up on those missed payments through a court-approved repayment plan—while keeping your home, vehicle, and other personal property.

Some of the key benefits include:

Stopping foreclosure or repossession
Catching up on mortgage arrears or car loans
Consolidating unsecured debts into one payment
Possibly reducing the amount you owe on certain debts
Reinstating a suspended driver’s license (in certain traffic-related cases)

This type of bankruptcy doesn't wipe your debts clean immediately, but it provides a legal path to get current, reduce interest and penalties, and protect what matters most.

Who Is Eligible for Chapter 13?

To qualify, you need a steady source of income that allows you to make consistent monthly payments. This can come from wages, retirement income, Social Security, disability, or even rental income. Unlike corporations, individuals and sole proprietors are eligible, provided their debts fall within the court’s specified limits.

A means test will help determine if Chapter 13 is an appropriate option, especially when your disposable income—what remains after covering necessary living expenses—is enough to support a payment plan over three to five years.

If you're unsure whether you qualify, our team can walk you through the evaluation process before you file.

What Happens After You File?

Once your Chapter 13 petition is filed, an automatic stay goes into effect, immediately halting foreclosure proceedings, wage garnishments, lawsuits, and creditor phone calls. From there, you'll work with your attorney to create a repayment plan that fits within your income while meeting the court’s requirements.

The plan must be approved by the bankruptcy court, which will review whether it's feasible, submitted in good faith, and whether unsecured creditors will receive as much as they would under a Chapter 7 case. During the repayment period, you’ll make regular payments to a court-appointed trustee, who then distributes the funds to your creditors.

Completing your plan may result in remaining eligible debts being discharged—offering you a clearer path to financial stability.

Is Chapter 13 the Right Move for You?

Deciding whether to pursue Chapter 13 bankruptcy isn’t just about financial paperwork—it’s about regaining peace of mind, protecting your home, and creating a plan that aligns with your future. For many people, it’s the first step toward rebuilding credit and restoring financial confidence.

If you're dealing with missed payments, threats of foreclosure, or creditor pressure, Chapter 13 might give you the time and structure you need to get back on track.

Ready to Take Control of Your Financial Future?
If you think Chapter 13 bankruptcy might be right for you, the first step is a conversation. The team at Ward Law Firm is here to help you understand the process, weigh your options, and move forward with confidence.

Finding Relief: Understanding Your Debt Relief Options in South Carolina

Mon, 05 May 2025 18:09:58 GMT

Finding Relief: Understanding Your Debt Relief Options in South Carolina

Financial challenges can feel overwhelming, especially when debt begins to interfere with your everyday life. Whether you’re dealing with credit card balances, medical bills, personal loans, or mounting collection calls, you may be wondering if there’s a way forward. At Ward Law Firm, we help individuals and families across South Carolina explore their legal options for debt relief with clarity and care.

What Is Debt Relief?

Debt relief refers to a variety of legal strategies and financial tools that can help reduce, restructure, or eliminate certain debts. The right solution for you will depend on your unique financial situation, the type of debt you hold, and your long-term goals.

Some of the most common forms of debt relief include:

Debt negotiation or settlement
Debt consolidation
Chapter 7 bankruptcy (liquidation)
Chapter 13 bankruptcy (reorganization)
Stopping creditor harassment and wage garnishment

It’s important to understand the pros and cons of each option before making a decision. That’s why working with a trusted legal team can make such a difference—we walk you through your options, explain the potential outcomes, and guide you toward the most practical path forward.

When Should You Consider Debt Relief?

If you’re struggling to make minimum payments, receiving collection calls, or watching your credit score decline despite your best efforts, it may be time to consider legal debt relief options. Signs that debt relief could benefit you include:

Missed payments or accounts in default
Threats of foreclosure, repossession, or wage garnishment
High-interest credit cards with balances you can’t reduce
Using new debt to pay off old debt
Financial hardship due to job loss, divorce, or medical expenses

Ignoring debt won’t make it go away. But taking action—especially with the right legal support—can stop the stress from spiraling and help you regain control of your financial future.

How Ward Law Firm Can Help

At Ward Law Firm, we understand that financial stress affects more than just your wallet. It impacts your health, your relationships, and your peace of mind. That’s why we take a thoughtful, personalized approach to every debt relief case. We listen to your concerns, evaluate your current financial picture, and explain which options are available to you under South Carolina and federal law.

Our goal is to help you find a solution that not only addresses your current debt but also supports your long-term financial stability. Whether that means helping you pursue bankruptcy, negotiate a manageable repayment plan, or put a stop to aggressive collection efforts, we’re here to guide you every step of the way.

Start Rebuilding Today

Facing overwhelming debt can feel isolating—but you’re not alone. If you’re ready to explore your legal options for debt relief, Ward Law Firm is here to help. With clear, compassionate guidance, we’ll work with you to identify the best next steps for your financial future.

What Are Some of the Requirements for a Chapter 7 Bankruptcy?

Thu, 16 Jan 2025 18:00:01 GMT

What Are Some of the Requirements for a Chapter 7 Bankruptcy?

Chapter 7 bankruptcy provides individuals with a way to discharge certain types of debt and get a fresh financial start. If you are struggling with overwhelming debt, it may offer a solution. However, before pursuing this option, it’s important to be aware of the specific requirements you must meet in order to qualify. Here, we’ll review the key criteria for filing a Chapter 7 bankruptcy in Greenville, SC.

Income Eligibility: Passing the Means Test

One of the primary requirements for Chapter 7 bankruptcy is passing the means test. The means test determines whether your income is low enough to qualify for Chapter 7 or if you may need to file for Chapter 13 bankruptcy instead. The test compares your average monthly income over the past six months with the median income for a similar household size in South Carolina. If your income falls below the median, you are likely eligible to file for Chapter 7.

Asset Evaluation: Understanding Exempt and Non-Exempt Property

Another critical factor in Chapter 7 bankruptcy is the evaluation of your assets. While Chapter 7 is designed to eliminate your debts, it also requires an examination of your property to determine which items can be sold to repay creditors. South Carolina offers exemptions that allow you to keep certain types of property, such as a portion of the equity in your home or car. Non-exempt assets may be liquidated to pay off your debts.

Credit Counseling: A Mandatory Step Before Filing

Before you can file for Chapter 7 bankruptcy, you must complete credit counseling from an approved agency. The counseling session will help assess your financial situation and explore alternative options for handling your debts. This step is required by law and must be completed within 180 days before filing for bankruptcy. The counseling is designed to ensure that you have explored all options for resolving your financial issues.

Filing Fees and Paperwork: The Administrative Requirements

When filing for Chapter 7 bankruptcy, you will need to submit a variety of documents, including proof of income, tax returns, and a detailed list of your assets and debts. Additionally, there is a filing fee that must be paid to the court. However, if you are unable to afford the filing fee, you may qualify for a fee waiver or payment plan. The paperwork must be completed thoroughly and accurately to avoid delays in the process.

Meeting the requirements for Chapter 7 bankruptcy can be complex, and ensuring that you meet all the criteria is crucial to the success of your case. Seeking legal guidance can help you understand your eligibility, complete the necessary paperwork, and make informed decisions about your financial future. If you are in Greenville, SC, and considering filing for Chapter 7 bankruptcy, reach out to Jason Ward Law, LLC for assistance in evaluating your case.

Comparing Chapter 11 and Chapter 7 Bankruptcy

Thu, 24 Oct 2024 17:00:00 GMT

When individuals or businesses face financial distress, bankruptcy can provide a structured pathway to relief and a new beginning. In South Carolina, the two primary options for bankruptcy are Chapter 11 and Chapter 7, each tailored to different financial needs and specific circumstances.

Chapter 7 Bankruptcy

Chapter 7 Bankruptcy, often referred to as liquidation bankruptcy, is specifically designed for individuals or businesses seeking to discharge most of their unsecured debts, such as credit card balances and medical bills. This type of bankruptcy offers a way to eliminate these debts, providing a clean slate for the debtor. In the Chapter 7 process, a bankruptcy trustee is appointed to oversee the case. This trustee plays a crucial role, as they have the authority to liquidate non-exempt assets owned by the debtor to repay creditors. The assets that are considered non-exempt and subject to liquidation vary by state but typically include luxury items or additional properties beyond the primary residence.

Qualifying for Chapter 7

To qualify for Chapter 7 Bankruptcy, individuals must pass a means test, which is a critical step in the process. The means test assesses their income against the state median to determine eligibility. This test ensures that Chapter 7 is reserved for those who truly need it, filtering out individuals with higher incomes who may have the means to repay their debts through Chapter 13 bankruptcy, which involves a repayment plan.

Chapter 11 Bankruptcy

Chapter 11 bankruptcy is a reorganization bankruptcy, often used by businesses but also available to individuals with complex financial situations. This type of bankruptcy allows the debtor to create a plan to restructure their debts and continue operations while repaying creditors over time. Chapter 11 is typically more complex and expensive than Chapter 7, as it involves negotiating with creditors and obtaining court approval for the repayment plan. In South Carolina, the process of filing for Chapter 11 bankruptcy begins with submitting a petition to the Bankruptcy Court along with various supporting documents, such as schedules of assets and liabilities, current income and expenses, and a disclosure statement outlining the proposed repayment plan.

Qualifying for Chapter 11

To qualify for Chapter 11 bankruptcy, individuals or businesses must have significant assets and liabilities. This type of bankruptcy is often referred to as reorganization bankruptcy, as it allows the debtor to restructure their debts and develop a repayment plan while remaining in control of their assets. Unlike Chapter 7, there is no means test for Chapter 11, making it available to a wider range of debtors.

The key differences between Chapter 7 and Chapter 11 lie in their purpose and process. Chapter 7 focuses on liquidating assets to discharge debts quickly, a straightforward yet severe option for those who can no longer service their debt, while Chapter 11 emphasizes restructuring debts to enable continued operation and repayment, often seen as a lifeline for businesses seeking to preserve value and jobs. Understanding these distinctions is crucial for individuals and businesses considering bankruptcy, as each serves different financial needs and goals. At Jason Ward Law, our team is here to share your options and find the best solution for your financial situation, offering guidance for your circumstances.

Understanding Chapter 13 Bankruptcy and How Jason Ward Law Can Help

Thu, 27 Jun 2024 13:30:01 GMT

If you are facing financial struggles, you may be considering filing for bankruptcy. One option that may be available to you is Chapter 13 bankruptcy. But what exactly is Chapter 13 bankruptcy and how does it work? How is it different from Chapter 7 bankruptcy? In this blog post, we will explore the ins and outs of Chapter 13 bankruptcy and discuss the benefits of filing for this type of bankruptcy. Additionally, we will introduce Jason Ward Law, a trusted law firm that can assist the Upstate South Carolina public with all their bankruptcy matters.

Chapter 13 bankruptcy, also known as reorganization bankruptcy, allows individuals with a regular income to create a repayment plan to pay off their debts over a period of three to five years. This plan is approved by the court and typically involves consolidating debts into one monthly payment that is more manageable for the filer. Unlike Chapter 7 bankruptcy, which involves liquidating assets to pay off debts, Chapter 13 allows individuals to keep their property while catching up on past due payments.

One key difference between Chapter 13 and Chapter 7 bankruptcy is the eligibility requirements. To qualify for Chapter 7 bankruptcy, individuals must pass a means test showing that their income is below a certain threshold. In contrast, Chapter 13 does not have strict income requirements but instead requires filers to have enough disposable income to make monthly payments towards their debts. Additionally, while Chapter 7 typically takes a few months to complete, Chapter 13 lasts several years as filers work through their repayment plan.

There are several benefits to filing for Chapter 13 bankruptcy. One major advantage is the ability to stop foreclosure proceedings and catch up on mortgage arrears through the repayment plan. Additionally, individuals can often reduce or eliminate unsecured debts such as credit card bills or medical expenses. Another benefit is the opportunity to restructure secured debts like car loans or tax debt, potentially lowering interest rates or extending repayment terms.

At Jason Ward Law, our team has experience in helping individuals navigate the complexities of bankruptcy law. We understand that financial difficulties can be overwhelming and stressful, which is why we are dedicated to providing compassionate and personalized legal guidance throughout the entire process. Whether you are considering filing for Chapter 13 bankruptcy or exploring other debt relief options, we are here to help you achieve financial stability and peace of mind.

In conclusion, understanding the nuances of Chapter 13 bankruptcy can be crucial for individuals facing financial challenges in Upstate South Carolina. By working with a knowledgeable attorney at Jason Ward Law, you can receive expert guidance on how best to proceed with your debt relief journey. From creating a feasible repayment plan to protecting your assets from liquidation, our team is committed to advocating for your best interests every step of the way. Don't let financial stress hold you back – contact Jason Ward Law today to explore your options and take control of your financial future.

Who qualifies for Chapter 7 bankruptcy in South Carolina?

Mon, 03 Jun 2024 14:49:38 GMT

Who qualifies for Chapter 7 bankruptcy in South Carolina?

Are you struggling with overwhelming debt and considering filing for bankruptcy in South Carolina? Chapter 7 bankruptcy may be a viable option for you. At Jason Ward Law, LLC, we understand the complexities of bankruptcy law and can assist South Carolina residents in navigating the process. In this blog post, we will discuss who qualifies for Chapter 7 bankruptcy and provide valuable information to help you determine if this is the right solution for your financial situation.

Chapter 7 bankruptcy is known as liquidation bankruptcy, where most of your unsecured debts are discharged, providing you with a fresh start financially. To qualify for Chapter 7 bankruptcy in South Carolina, you must pass the means test. This test compares your income to the median income in South Carolina for a household of your size. If your income is below the median income, you automatically qualify for Chapter 7 bankruptcy. However, if your income is above the median income, further calculations are required to determine eligibility.

In addition to passing the means test, individuals seeking Chapter 7 bankruptcy must also meet certain requirements regarding previous bankruptcies. For instance, if you have filed for Chapter 7 bankruptcy within the past eight years or Chapter 13 bankruptcy within the past six years, you may not be eligible to file again. It's important to consult with a knowledgeable bankruptcy attorney at Jason Ward Law, LLC to understand all eligibility requirements and ensure that filing for Chapter 7 is the best option for your situation.

When filing for Chapter 7 bankruptcy in South Carolina, it's essential to disclose all of your assets and liabilities accurately. Certain assets may be exempt from liquidation under state or federal laws, allowing you to keep them even after filing for bankruptcy. Working with an experienced attorney can help protect your assets and ensure that you receive maximum debt relief through the Chapter 7 process.

Furthermore, individuals considering filing for Chapter 7 should be aware of certain debts that cannot be discharged through this type of bankruptcy. Examples include student loans (in most cases), child support payments, alimony obligations, and certain tax debts. Understanding which debts are dischargeable under Chapter 7 can help you make informed decisions about pursuing this form of bankruptcy.

Navigating the complexities of Chapter 7 bankruptcy can be overwhelming without proper legal guidance. At Jason Ward Law, LLC, our team is dedicated to helping South Carolina residents achieve financial freedom through strategic debt relief solutions. If you believe that Chapter 7 bankruptcy may be right for you or have questions about eligibility requirements, don't hesitate to contact us today for a confidential consultation. Let us assist you in taking control of your finances and building a brighter future free from overwhelming debt.

Avoid These Common Mistakes When Filing for Chapter 7 Bankruptcy

Thu, 29 Feb 2024 14:00:01 GMT

Filing for Chapter 7 bankruptcy can be a daunting experience for anyone, especially if it's your first time. While many believe that filing for bankruptcy is a sign of financial failure, it's actually a lifesaver for those in debt. Unfortunately, many make common mistakes when filing for bankruptcy that can jeopardize their chances of a successful discharge. In today's blog, we'll look at some of the most common mistakes people make when filing for Chapter 7 bankruptcy in South Carolina and how you can avoid them. Plus, we'll discuss how Jason Ward Law can assist the South Carolina public with bankruptcy matters.

1. Not Consulting a Bankruptcy Attorney

People often think that filing for bankruptcy is a simple process, and they can handle it on their own. However, bankruptcy is a complex process that requires technical knowledge and expertise. Failing to consult a bankruptcy attorney can put you at risk of making mistakes that can cost you your bankruptcy discharge. A Bankruptcy attorney can set you up for success, see things you may not be aware of, and help you navigate through the process smoothly.

2. Failing to Document all Debts

When filing for bankruptcy, you must list all of your debts to ensure that they are included in your discharge. Failing to document all your debts can limit the amount of relief you receive, as these debts won't be covered in the bankruptcy petition. It's important to consult a bankruptcy lawyer who can guide you in documenting all your debts.

3. Not Reviewing Petitions Thoroughly

Bankruptcy is a complicated process, and it's important to review all your bankruptcy petitions to identify any errors. Failing to review your bankruptcy petitions thoroughly can lead to costly mistakes that can jeopardize your chances of a successful discharge. Always ensure you review your petitions thoroughly to avoid errors that could slow down the process or cost you more money.

4. Not Complying with Court Orders

Court orders in bankruptcy are essential, and it's important to follow them to the letter. Failing to comply with court orders could have serious consequences, including the invalidation of your bankruptcy petition. You must take all court orders seriously and adhere to the deadlines and requirements set by the court.

5. Not Declaring all Assets

All assets must be declared in your bankruptcy petition, whether they are exempt or not. Failing to declare all assets can lead to the seizure of assets and prevent you from obtaining a bankruptcy discharge. You must ensure that all your property is listed in the bankruptcy petition and that you honestly disclose all your assets.

Filing for Chapter 7 bankruptcy can be a life-changing event and a difficult process to go through alone. However, avoiding common mistakes when filing for bankruptcy can make the difference between a successful and an unsuccessful discharge. At Jason Ward Law, we assist South Carolina residents with bankruptcy matters, including filing for Chapter 7 bankruptcy. Our team has the knowledge and experience needed to guide you through the bankruptcy process, avoid common mistakes, and ensure that your bankruptcy discharge is successful. Contact us today and let us help you achieve financial freedom.

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Chapter 13 Bankruptcy in South Carolina: How a Repayment Plan Works

Chapter 13 Bankruptcy in South Carolina: How a Repayment Plan Works

What Is Chapter 13 Bankruptcy?

Who Qualifies for Chapter 13?

How Long Does a Chapter 13 Plan Last?

What Can Chapter 13 Help With?

The Chapter 13 Process, Step by Step

Chapter 13 vs. Chapter 7

Frequently Asked Questions

Talk to a Greenville Chapter 13 Bankruptcy Attorney

How Does Chapter 11 Bankruptcy Work in South Carolina?

How Does Chapter 11 Bankruptcy Work in South Carolina?

What Is Chapter 11 Bankruptcy?

What Happens When You File Chapter 11 in South Carolina?

Can You Continue Operating Your Business During Chapter 11?

How Does a Chapter 11 Reorganization Plan Work?

What Debts Can Chapter 11 Help Restructure?

Can Chapter 11 Stop a Foreclosure?

Who Can File Chapter 11 Bankruptcy?

What Is Subchapter V of Chapter 11?

Is Chapter 11 Bankruptcy Right for Your Business?

Talk to a Greenville Chapter 11 Bankruptcy Attorney

Can Bankruptcy Stop Wage Garnishment and Creditor Harassment?

Can Bankruptcy Stop Wage Garnishment and Creditor Harassment?

What Is Wage Garnishment?

How Bankruptcy Can Stop Collection Actions

Automatic Stay.

Can Bankruptcy Stop Creditor Harassment?

Chapter 7 Bankruptcy and Debt Relief

Chapter 13 Bankruptcy and Repayment Plans

Not All Debts Are Treated the Same

Why Early Action Matters

Bankruptcy Is About Financial Recovery — Not Failure

How Jason Ward Law, LLC Helps Clients Facing Serious Debt

Take the First Step Toward Relief

How Can Debt Relief Help You Regain Financial Control?

How Can Debt Relief Help You Regain Financial Control?

What Is Debt Relief?

Debt Settlement May Help Reduce What You Owe

Settle debts for less than the full balance owed.

Negotiating With Creditors Can Reduce Stress

Customized Repayment Plans Can Create Stability

Bankruptcy May Provide a Fresh Financial Start

Chapter 7 Bankruptcy

Chapter 13 Bankruptcy Focuses on Repayment

Reorganize debts into a structured repayment plan.

Debt Relief Can Help Stop Creditor Harassment

Financial Problems Do Not Define Your Future

Why Early Action Matters

How ﻿ Ward & Tarbert, LLC ﻿ Helps Clients Pursue Financial Relief

Take the First Step Toward Financial Relief

Can You Keep Your House and Car in Bankruptcy in South Carolina?

Can You Keep Your House and Car in Bankruptcy in South Carolina?

How Bankruptcy Protects You Immediately

Can You Keep Your House in Chapter 7 Bankruptcy?

South Carolina Homestead Exemption

Can Chapter 13 Help Save Your Home?

Can You Keep Your Car in Bankruptcy?

In Chapter 7

In Chapter 13

What Are Bankruptcy Exemptions in South Carolina?

What If You Have Significant Equity?

Choosing the Right Bankruptcy Chapter

You May Have More Protection Than You Think

Speak With ﻿ Ward & Tarbert, LLC ﻿ Today

Debt Settlement vs. Bankruptcy in South Carolina: What’s the Difference?

Debt Settlement vs. Bankruptcy in South Carolina: What’s the Difference?

What Is Debt Settlement?

How a Debt Relief Attorney Helps

What Is Bankruptcy?

Chapter 7 Bankruptcy in South Carolina

Chapter 13 Bankruptcy in South Carolina

Key Differences Between Debt Settlement and Bankruptcy

1️⃣ Court Involvement

2️⃣ Creditor Participation

3️⃣ Speed of Relief

4️⃣ Impact on Assets

5️⃣ Impact on Credit

Which Option Is Better in South Carolina?

How Ward & Tarbert, LLC Helps Clients Pursue Financial Relief

Speak With Ward & Tarbert, LLC Today