When filing for personal bankruptcy, many believe that creditors will lay claim to all of your possessions in order to repay debts. However, within the U.S. and South Carolina law books, there are a set of laws commonly referred to as “asset protection.”  These laws are put in place to make sure that people who […]

For small businesses, there are many factors which can lead to bankruptcy. A large number of these factors are out of the business’s control, such as external market conditions, poor company location or a small customer base. However there are certain internal operations, which when poorly executed, can lead to bankruptcy. 1) Insufficient Planning Many […]

At first glance, credit scores can seem confusing and difficult to interpret. The commonly used FICO credit score, named after Fair Isaac Corporation, is based on a scale from 300 to 850 with the median FICO score falling in the 720-725 score range. But how are those scores calculated? FICO scores are comprised of five […]

Skinner Law Firm is dedicated to providing you with solutions to the problems that lead to personal bankruptcy.  Filing for bankruptcy can come with the stigmas of over-spending and poor financial planning, but we realize that this is not always the case. The following are four major causes that lead to personal bankruptcy filings and […]