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Columbia Creditors Rights Law Blog

Commercial Lease Forbearance Agreements During the COVID-19 Pandemic

Coronavirus COVID-19 has impacted businesses large and small all across the United States. Businesses of all types have suffered from the shutdowns implemented by state and local governments. One area of the economy that has particularly suffered adverse effects is...

COVID-19 Impact on Creditors’ Rights

The COVID-19 pandemic marks an unprecedented crisis for the world’s economy. Because of the immense financial strain it has placed on individuals and companies alike, you will inevitably encounter defaults as a secured or unsecured creditor. You may also receive...

Understanding Garnishment in South Carolina

When a debtor owes money to a creditor, there are a number of different methods that a creditor can use to collect debt that is owed. One of the remedies that is commonly available to creditors to whom debt is...

What Is the Difference Between Consumer and Commercial Collections?

When a creditor takes steps to collect on a debt, it is extremely important to recognize that there are distinctions between collection on consumer debt and collecting on commercial debt. Different laws govern consumer and commercial collections, and creditors need...

When Can Creditors Object to a Bankruptcy Discharge?

In many cases, when a debtor owes money to a creditor in Columbia, South Carolina, the debtor ultimately will file for personal bankruptcy or business bankruptcy in order to seek a discharge. Some creditors will be repaid a relatively large...