Is your debt ruining your life? If you're facing debt from credit cards, mortgages, payday loans, medical bills and utility bills, then it may be time to ask a Memphis bankruptcy lawyer if filing bankruptcy could help you.
Tennessee bankruptcy laws are designed to provide protection and help in getting your debt eliminated. Your financial future doesn't have to be hopeless. Millions of Americans have decided to file for bankruptcy and emerged stronger.
Take the first steps towards eliminating your debt in a legally protected way by speaking with a local bankruptcy lawyer.
If you're ready to take action against your debt today, call us toll free at 877-349-1309 or fill out the free form below to speak with a Memphis bankruptcy lawyer near you today.
And ask yourself these questions, then ask a Memphis lawyer to explain Tennessee bankruptcy laws:
Don't wait to take action. At the very least, begin by speaking with an attorney who can provide you with case-specific bankruptcy information.
Filing bankruptcy in Memphis may put a stop to lawsuits, repossession and wage garnishments. The automatic stay provision of bankruptcy can quickly work to provide protection. Plus, the automatic stay is also designed to put an end to the harassing letters and phone calls from creditors.
Your creditors must accept a bankruptcy judge's rulings on your debt.
Bankruptcy offers two plans to help you get your financial life under control.
In a Chapter 7 bankruptcy case, most of your unsecured debts may be discharged and assets beyond allowable exemptions are liquidated to pay some or all of your debt.
Usually, most of your assets are exempt - meaning they cannot be liquidated.
In a Chapter 13 case, you may be behind in your payments for property that you want to keep.
For example, if you are late on your mortgage or automobile loan, and you want to get current with these payments and keep your property, you may do this under a Chapter 13 bankruptcy plan.
To speak with a Memphis bankruptcy lawyer today, fill out the free form on this page or call 877-349-1309.
Note: Keep in mind all laws are complex. If you need legal advice or want to fully understand how these laws affect you, please speak with a local attorney.
Some bankruptcy laws may have changed since our last update. For the latest information on your state's bankruptcy laws, speak to a bankruptcy lawyer.