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November 2014 Archives

Bankruptcy filings reduced, but Tennessee still tops the list

The so-called "great recession" that occurred after the real estate bubble collapsed in 2007 caused untold pain to millions. Homes fell underwater, jobs were lost, many had to file bankruptcy. Bankruptcy filings have always served as one form of economic measure of how things are going for the average American, and by that measure, it can be said that the economy is slowing improving.

How can Chapter 7 bankruptcy resolve your financial issues?

Tennessee consumers who are facing overwhelming debts, and continuous creditor harassment, may be seeking a solution to their financial problems. Due to the negative connotation and many myths related to bankruptcy filings, many people avoid consideration of such a drastic step. However, millions of Americans have resolved their financial issues by filing for Chapter 7 bankruptcy.

Exit plan for historic bankruptcy case wins court's approval

We don't typically write about large organization bankruptcies. Our focus is on serving the needs of individual consumers in Tennessee who too often find themselves overwhelmed by debt and desperately seeking relief. For many the protections of bankruptcy are the best way to stop threats of foreclosure, repossession and garnished wages.

What happens to lease agreements in bankruptcy?

You may have a lease and not even know it. But if you are in a situation where you are considering the advantages of bankruptcy protection as a means of recovering financial stability, you need to be aware that leases carry ramifications in the bankruptcy process. We outlined some of the specifics in an article about this particular topic.

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Rothschild & Ausbrooks, PLLC
1222 16th Avenue South, Suite 12
Nashville, TN 37212

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