South Carolina Chapter 13 Waiver of Credit Counseling is a form of bankruptcy that allows individuals to pay creditors over a period of three to five years. This type of bankruptcy offers individuals the chance to get out of debt and protect their assets. It requires individuals to submit a budget to the court outlining their income and expenses. The court must approve the budget before the debtor can enter into a repayment plan. To qualify for a South Carolina Chapter 13 Waiver of Credit Counseling, individuals must complete a credit counseling course and make their payments on time for the duration of the repayment plan. Individuals must also prove their income and expenses to the court in order to receive the waiver. There are two types of South Carolina Chapter 13 Waiver of Credit Counseling: a debtor-in-possession and a trustee-in-charge. A debtor-in-possession waiver allows individuals to remain in possession of their assets while paying their creditors. A trustee-in-charge waiver requires individuals to turn over their assets to a court-appointed trustee to manage and distribute the funds.