Personal Bankruptcy

A significant number of hardworking Americans are forced to live paycheck to paycheck. Whether it is due to the high cost of living, mortgage costs or mounting credit card debt, these individuals find it impossible to build any level of savings. In fact, unexpected...

It is not uncommon for individuals to struggle for far too long against mounting debt. In many situations, by the time they begin considering bankruptcy as a debt relief option, these people should have already filed months ago. Unfortunately, many people hold on to...

One of the first questions asked by Tennesseans contemplating filing a bankruptcy petition is, "What happens to my house?" The answer depends on which chapter the Bankruptcy Code is used to seek relief and on the debtor's personal financial situation.If a debtor is...

One of the most important questions that must be answered when a resident consults an attorney about filing a bankruptcy petition is what exemptions should be used. Both state law and federal law permit debtors to declare certain assets exempt from creditors' claims...

One of the most basic services our law office offers Bradley County, Tennessee, residents is helping a debtor fill our his or her bankruptcy forms correctly. Indeed, bankruptcy clients have the right to expect that their attorneys will make sure that their official...

At our law office, we believe that our clients deserve the opportunity to explore all options for resolving their debt should they run into financial trouble. While we do not hesitate to recommend bankruptcy to a southeastern Tennessee resident when that really is...

As this blog has discussed previously, residents of Bradley County and other parts of southeastern Tennessee can avail themselves of the country's bankruptcy system should they find themselves in trouble financially.Whether it is a Chapter 7 or Chapter 13 bankruptcy,...

After a Bradley County, Tennessee resident files for a bankruptcy, he or she may get something in the mail called a reaffirmation agreement. These agreements are particularly common in Chapter 7 bankruptcies with respect to car loans and similar types of debt,...

Even though the stigma surrounding bankruptcy filing seems to have diminished as time goes on, there is still a lingering impression that a Tennessee resident who files for bankruptcy does so because he or she simply spent too much money either through carelessness,...

Recent statistics suggest that the Affordable Care Act, commonly known as "Obamacare," may have helped some families in Tennessee and across the country avoid bankruptcy.Over the last six years, the country has seen about a 50 percent decline in the total number of...