South Carolina Bankruptcy Law

Considering filing bankruptcy in South Carolina? You need to understand South Carolina bankruptcy law and exemptions.

As on overview we have listed some of the main exemptions, links to the federal courts serving South Carolina, and some filing statistics for South Carolina.

South Carolina Exemptions

Homestead:
$56150 (if multiple owners, exemption cannot exceed $112,275/no. of owners)
Details:
Real or personal property, including a cooperative, used as residence by debtor or a dependent, OR a burial plot

Motor Vehicle:
$5,625
Details:
One motor vehicle


This is just and overview and there is a detailed list of the South Carolina Bankruptcy Exemptions.

South Carolina Bankruptcy Courts

If you need more information about the South Carolina Federal Bankruptcy Courts you can click on the link for your district.

  • South Carolina District

    • South Carolina Filing Statistics

    Here are the counties in South Carolina with the highest amount of bankruptcy filings.

    Year - County
    Total
    Ch7
    Ch13
    2012 RICHLAND
    859
    192
    667
    2012 GREENVILLE
    627
    424
    201
    2012 CHARLESTON
    470
    187
    282
    2012 LEXINGTON
    453
    163
    290

    You can see the information for all counties by visiting the South Carolina Chapter 7 and Chapter 13 bankruptcy filings by county page.

    Here are the most recently available statistics for monthly bankruptcy filings in South Carolina.

    Year - Month
    Total
    Ch7
    Ch13
    2013 6
    541
    211
    330
    2013 5
    654
    247
    406
    2013 4
    593
    282
    310
    2013 3
    739
    331
    408
    2013 2
    578
    235
    341
    2013 1
    600
    214
    384


    You can see more data by visiting the South Carolina Personal Bankruptcy Filing Statistics page.

    If you have question about filing bankruptcy please visit our Frequently Asked Questions Page or schedule a free consultation with a local attorney.