Helping South Carolina Consumers When They Need it Most
Dana Wilkinson, Attorney at Law
Will Wall Street Bailout Give Us Mortgage Reform?
Negotiations between Treasury Secretary Hank Paulson and Congressional leaders continue, and specifics of the proposed bailout plan are a bit thin on the ground, but recent reports are that Congressional negotiators will push for provisions that will allow bankruptcy courts to modify certain mortgage terms but that the White House has balked at those provisions. [...]
Now, South Carolina Residents Can Protect More Property
Sheryl told you about Governor Mark Sanford’s veto of a new exemption bill, which determines how much property can be protected from creditors. The South Carolina statutory amounts hadn’t been changed since 1979. The good news is that lawmakers in Columbia voted overwhelmingly to override the governor’s veto, and the new measure [...]
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