How are credit card debts handled in bankruptcy?

• Chapter 7 will discharge all credit card debt.
• Payment on credit card debt begins at 1% in Chapter 13. Potential increases are based upon your assets and income.

What can credit card companies do outside of bankruptcy/ in state court?

• In the event that a credit card company wins a judgment, they are not allowed to garnish in South Carolina.
  • An exclusion is possible if:
    • You were a resident of another state prior to moving here after the creditor obtained a judgment or
    • If you are working in another state at the moment.
• South Carolina judgments last for 10 years, during which time creditors may try to foreclose or confiscate "non-exempt" assets if they establish a lien on the property.