Chapter 7 Bankruptcy

One of the first decisions to make after determining that filing for bankruptcy is your best option is whether to file under Chapter 7 or Chapter 13. For most filers, that determination is made when they either pass or fail the means test. Those who pass it are free...

Too many low-wage earners who could benefit from filing for bankruptcy shy away from the process because they’ve heard that doing so will cost them their property. This is a myth. In reality, Chapter 13 filers don’t risk the liquidation of their non-exempt assets and...

The thought of filing for bankruptcy can be overwhelming. Oftentimes, people are embarrassed that their debt has gotten so out of control. It can be a painful realization once you know that you're broke, but there is another way to look at the situation.  Chapter 7...

When there is no other way out of your current financial situation, filing for bankruptcy may be your only option. When you decide to declare bankruptcy, you expect to be relieved of your debts and get your finances in order. While it may be the case, there are...

When your finances are not in order, declaring bankruptcy may be one way to turn things around. It can be an overwhelming process given the many documents you need to gather, forms you need to complete, and courses you need to finish. However, it may give you a fresh...

When people are considering Chapter 7 bankruptcy, one of their primary concerns is that they will have to give up things that they need and things that are very important to them. The bankruptcy court will divide their assets into exempt and non-exempt. Those assets...

Debt can quickly mount if you don't aggressively address it early on. Many consumers who find themselves unable to pay their bills look to different debt relief options to gain a fresh financial start, including bankruptcy. Chapter 7 bankruptcy can provide you with...

Like many Tennessee residents, you may have fallen into personal debt from credit card use, unexpected medical expenses or job loss. When you start to search for ways to get out of debt, you may feel overwhelmed by the numerous options that are available. One such...

Millions of Americans struggle to keep up with expenses accumulated from medical care, credit card bills, mortgages, car payments, loans and other expenses. If you are one of the many who are buried under a pile of debt, you may know what it feels like to be the...