Discharge Credit Card Debt
- Credit card debt can be completely eliminated (“discharged”) in Chapter 7.
- In Chapter 13, credit card debt must be paid, starting at 1%. Increases may apply based on your income and assets.
- Credit card companies, generally, cannot garnish in South Carolina if they get a judgment.
- There may be an exception if
- You lived in another state when the creditor gets the judgment and then move here or
- If you currently work in another state.
- There may be an exception if
- Judgments, which last for ten years in South Carolina, may become a lien on real estate and may cause a creditor to attempt foreclosure or seize your “non-exempt” assets.
