Debt Reorganization for the Self-Employed With Irregular Income in Cleveland
Tennessee Debt Restructuring Attorneys
Overcoming debt is challenging enough for a person with a paycheck coming every week or every other week. For people who are self-employed and have to deal with the ups and downs of business, overcoming debt becomes even more challenging. For people who work in the construction industry, the logging industry or other industries where long stretches of inclement weather mean no paychecks, debt can also seem overwhelming.
If you are self-employed or have an irregular income and are struggling to overcome a debt problem, you may be able to benefit from bankruptcy the same way as anyone else. At the law firm of Richard Banks & Associates, we can help you find the debt relief you need.
Since 1974, our lawyers have been providing debt relief services to people throughout Tennessee and North Georgia. We help people stop foreclosure, repossession, wage garnishment and creditor harassment.
A Sound Strategy Based on Your Situation
Because no two situations are exactly alike, a lawyer must not attempt to handle these cases on a one-size-fits-all basis. Strategies need to be personalized on a case-by-case basis.
Maybe the traditional Chapter 7 bankruptcy would work for you, eliminating your debt in one shot. Perhaps, as a self-employed business owner, you may be able to benefit from Chapter 11 bankruptcy and a reorganization plan that involves seasonal payments. The same strategy may be employed for people with irregular incomes through a Chapter 13 bankruptcy. Farmers or people in the agricultural industry may benefit from Chapter 12 bankruptcy. Our experience means we can find the right strategy and the right solution for you.