Cleveland Co-Signed Debt and Bankruptcy Lawyers
Tennessee Chapter 13 Bankruptcy Attorneys
Sometimes, your debt problems become your loved ones’ debt problems as well. At the law firm of Richard Banks & Associates, we have more than 35 years of experience helping people throughout Tennessee and North Georgia whose friends and family members have become the target of creditors because of co-signed debts gone bad.
You purchase a new car with the help of your parents, who co-signed for you because your credit was not established enough for you to sign for the loan on your own. You have a good job and you have no problem making your payments in a timely manner, at least for the first two years. Then something unexpected happens. You have to face the financial consequences of divorce. You struggle to make ends meet post-divorce and end up falling behind on your car payments. You get a phone call from your parents in a panic because your creditor is targeting them because they co-signed for the loan. You want to overcome debt and protect your loved ones. Our experienced lawyers can help.
You Want a Bankruptcy Specialist on Your Side
When you choose our law firm, your case will be led by board-certified bankruptcy specialist Richard L. Banks. With this title comes all of the knowledge and experience required to earn the title, including knowledge of the nuances of bankruptcy law. This knowledge is particularly important in unique situations such as those involving co-signed debts gone bad.
We will guide you toward a solution. While both Chapter 7 bankruptcy and Chapter 13 bankruptcy could benefit you, Chapter 13 may be most appropriate because of the additional protection it provides to the people who co-signed for your loans. We will guide you toward the option that makes the most sense for you and those you care about.