Favorable Changes in South Carolina Bankruptcy Law
More people in South Carolina may begin filing bankruptcy because of a new state bankruptcy law. Some consumers who owe a large amount of credit card debt may have previously avoided filing bankruptcy due to income restrictions or for fear of losing their vehicles.
Under the revamped bankruptcy law in South Carolina, more people will be eligible to file bankruptcy while keeping their cars and other property out of the reach of bankruptcy trustees.
To read more about the changes in the bankruptcy law in South Carolina see: