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[2] [3] The courthouse is named for J. Bratton Davis, a bankruptcy judge first appointed in 1978 who later became Chief Judge of the U.S. Bankruptcy Court for the District of South Carolina, and he served in that capacity until 2000. The building is listed on the National Register of Historic Places, having been added to the list on March 2 ...
A Bankruptcy Exemption defines the property a debtor may retain and preserve through bankruptcy. Certain real and personal property can be exempted on "Schedule C" [42] of a debtor's bankruptcy forms, and effectively be taken outside the debtor's bankruptcy estate. Bankruptcy exemptions are available only to individuals filing bankruptcy. [43]
Originally, bankruptcy in the United States, as nearly all matters directly concerning individual citizens, was a subject of state law. However, there were several short-lived federal bankruptcy laws before the Act of 1898: the Bankruptcy Act of 1800, [3] which was repealed in 1803; the Act of 1841, [4] which was repealed in 1843; and the Act of 1867, [5] which was amended in 1874 [6] and ...
In most cases, you must report canceled debt as ordinary income on your federal tax return — even if the debt was less than $600 and you never received a Form 1099-C. List your canceled debt on ...
Federal and state tax authorities provide preprinted forms that must be used to file tax returns. IRS Form 1040 series is required for individuals, Form 1120 series for corporations, Form 1065 for partnerships, and Form 990 series for tax exempt organizations. The state forms vary widely, and rarely correspond to federal forms.
The South Carolina women’s basketball team’s 2024-25 “repeat tour” schedule is coming together. The Gamecocks will participate in the Fort Myers Tip-Off event from Nov. 28-30, it was ...
SCANA Communications operated fiber optic long line and access networks throughout South Carolina and in parts of North Carolina and Georgia in partnership with regional interexchange carriers. SCANA Communications also offered clients with Point of presence (POP) equipment co-location at designated sites along the fiber route and had a state ...
Longtime mall retailer Express filed for Chapter 11 bankruptcy protection on Monday, but a group of investors led by brand management firm WHP Global is looking to save the company by acquiring it.