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:
Tags: bankruptcy law, filing bankruptcy, South Carolina Bankruptcy, state bankruptcy law
This entry was posted on Friday, June 13th, 2008 at 12:07 am and is filed under Bankruptcy News and Events, Filing Requirements. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.