Library >>
Discharge Credit Card Debt

Discharge Credit Card Debt

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.

Need expert advise? 

Greenville SC Bankruptcy
Attorney Malinda M. Pennington
We've got your back

Let’s have a detailed discussion about your case. You can book an appointment to speak directly with attorney Malinda M. Pennington who has been practicing bankruptcy in Upstate South Carolina since 2009.

Booking is open 24*7