530+ Google Reviews
If your bills keep stacking up, our Travelers Rest bankruptcy lawyer can help you take control of your finances. You may feel overwhelmed by calls, lawsuits, or the risk of losing property, but we can help you.
Farmer & Morris Law, PLLC, helps individuals, couples, and small businesses in Travelers Rest consider Chapter 7, Chapter 13, and small-business options. Our team handles foreclosures, repossessions, judgment collection, and creditor harassment under South Carolina and federal law.
We’ve helped over ten thousand clients. Contact our South Carolina bankruptcy lawyers and stop the creditor calls.
Why Travelers Rest Residents Consider Bankruptcy Relief
Many people in Travelers Rest file because their income changed, medical bills piled up, or a business downturn made their debts unpayable. A filing can pause most collection activity through the automatic stay, giving you breathing room while we work your case. That pause can stop foreclosure sales, repossessions, bank levies, and collection lawsuits.
Bankruptcy is a federal process that applies the same core rules across South Carolina, but local practice matters. We guide you on what to provide and when, so the process moves smoothly.
Choosing bankruptcy does not mean losing everything. Most clients keep all or most property through state exemptions and careful planning. Whether you need a fresh start or a structured repayment plan, our Travelers Rest bankruptcy lawyers can help you choose the right path.
Chapter 7 Bankruptcy
A Chapter 7 case can discharge many unsecured debts, such as credit cards, medical bills, and certain judgments. In Travelers Rest, you qualify by passing the means test or showing your budget leaves no real ability to repay.
Property protection in Chapter 7 relies on South Carolina exemptions and practical trustee review. We evaluate equity in your home and car, personal property, retirement, and cash to protect what matters. For many, Chapter 7 is a no-asset case where nothing is sold.
Chapter 7 can be a good fit if you do not have significant nonexempt property and your main problem is unsecured debt. We also review any recent transfers, tax refunds, or expected bonuses to plan filings at the right time. Our goal is a clean discharge with minimal disruption.
Chapter 13 Bankruptcy
A Chapter 13 case sets up a three- to five-year plan to catch up on your debt. This option helps you stop foreclosure, repay arrears, and restructure car loans while keeping your property. Your plan payment is based on income, expenses, and nonexempt asset values.
This chapter can also handle tax debts and domestic support in a controlled way. You can prioritize mortgage arrears and essential secured debts while paying unsecured creditors based on your budget. For many families, it is a steady path to saving a home.
If your income is above the Chapter 7 threshold or you have valuable nonexempt property, Chapter 13 may be the better call. We draft a plan that meets legal tests and still fits your household’s needs. When the plan completes, remaining dischargeable debts are wiped out.
What You Can Keep in a South Carolina Bankruptcy
South Carolina law gives you exemptions that shelter property from creditors and trustees. Most people keep equity in their home up to a set limit, a vehicle up to a limit, household goods, retirement accounts, tools, and some cash. Married filers can often stack exemptions for jointly owned property.
You can also use a “wildcard” exemption to protect cash, bank balances, or items that do not fit elsewhere. Retirement accounts with tax-qualified status are generally protected, which helps long-term stability. We map exemptions to your assets so you keep as much as possible.
Exemptions adjust over time, and the right strategy depends on current figures and your exact facts. We review deeds, titles, and liens to confirm equity amounts, especially for homes and vehicles. Good planning on the front end avoids surprises with the trustee.
Business, Gig Work, and Farm Bankruptcies Serving
Small businesses and sole proprietors in Travelers Rest can use bankruptcy to restructure or wind down. Chapter 13 can manage personal liability for sole proprietors, while Subchapter V of Chapter 11 may fit small companies that need to restructure. We review your entity type, contracts, leases, and tax picture to choose the right path.
If you farm or run a family fishing operation, Chapter 12 may offer special tools tailored to seasonal income. This chapter can reduce secured debts to collateral value and spread payments on terms that match your operation. The choice between Chapters 11, 12, and 13 depends on income stability, debt levels, and business structure.
Gig workers and independent contractors face unique timing issues with income and taxes. We map out quarterly taxes, equipment loans, and receivables so your case tells a clear story. Clear records help the trustee and improve plan feasibility if a repayment plan is needed.
Contact Our Travelers Rest Bankruptcy Lawyers
Debt problems do not define your future, and real relief is available under federal and South Carolina law. If you live or run a business in Travelers Rest, we can review your case, protect your property, and chart a path to lasting stability.
Contact us today to start your consultation with our bankruptcy attorneys in Travelers Rest.
