Many people in Chattanooga and Eastern Tennessee who wonder about filing a petition for bankruptcy are struggling under a mountain of credit card debt. They may have heard that bankruptcy offers protection from credit card companies that are trying to collect on these...
Month: August 2019
Can Chapter 7 help if you have auto loan delinquencies?
Whether you are buying your first car or upgrading to a new model, it may come as a surprise that these days a new car can cost, on average, over $37,000. With car prices continually increasing, many people in Tennessee are taking out auto loans to pay for their new...
Welcome To Our Blog
We established this blog to share stories and information about topics relevant to our practice. Our intent is to regularly provide posts highlighting legal issues of local, state and national interest that we think you will find interesting. Check back later for...
How can bankruptcy exemptions help those filing for Chapter 13?
When people in Tennessee get to the point where they are considering filing for bankruptcy, their first thought may be to file for Chapter 7 "liquidation" bankruptcy. In a Chapter 7 bankruptcy, a debtor's assets are sold, and the proceeds are used to pay back their...
Facing the threat of repossession? Here is what you need to know
There are many consequences to owing a significant amount of debt. If you are in a difficult financial situation and behind on your payments, one of the things you may face is the threat of repossession. At this point, you may want to know what you are up against and...