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Chattanooga Bankruptcy Law Blog

Can Chapter 7 bankruptcy prevent a car repossession?

If circumstances have made you fall behind in your car payments, the lender may consider repossessing your vehicle. However, a Chapter 7 bankruptcy can temporarily delay your car repossession, allowing you more time to fix the situation. Once you file for Chapter 7 bankruptcy, it triggers…

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Even minor medical issues may be too expensive

In the United States, medical care is notoriously extremely expensive. Americans pay thousands for procedures that are free in other countries. What this means is that even a minor issue may cost far more than most people just have on hand. When people think of overwhelming…

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What happens when you emerge from Chapter 7 bankruptcy?

If you are dealing with debt, one of the things you may want to consider is going into bankruptcy. Bankruptcy is usually a good idea for those who have tried other debt-resolution options, such as consolidating or negotiating down debts, but that still have significant debt…

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