Bankruptcy is not failure. We cannot tell you how many times we have to say that to our clients - honest people who have hit rough waters and need better paddles to make their way across. Bankruptcy is a fresh start. It is a cherished right that allows people to...
Month: June 2016
Retaining a tax refund in Chapter 13
Tennessee residents who have chosen to reorganize and repay their debt through a Chapter 13 bankruptcy filing may be interested in knowing whether there are any conditions under which they might be able to keep their annual income tax refund. Tax refunds are...
Administration introduces student debt forgiveness measures
College students in Tennessee and around the country who have been defrauded by their schools may find it easier to have their debt forgiven and pursue legal remedies under education reforms scheduled to be introduced by the Obama administration in June 2016. The...
The truth behind filing for bankruptcy: Medical debt
You say the word, "bankruptcy," and people immediately think, "that person (or business) must have been financially irresponsible." Bankruptcy carries such a stigma with it that people build up large piles of debt before they consider asking for help. It is time that...
After Hulk Hogan win, Gawker files for bankruptcy
Tennessee fans of Hulk Hogan are probably aware that the wrestling star recently won a lawsuit against Gawker Media for $140 million. It has now been reported that Gawker filed for Chapter 11 bankruptcy protection and is offering its assets for sale. The company's...
Discouraging myths about Chapter 7 debt relief
An option available to Nashville debtors unable to get their bills under control is often overlooked due to persistent myths. These myths can be detrimental by delaying debt relief for consumers and denying them the consumer protections available under bankruptcy law....
A Chapter 7 bankruptcy trustee may liquidate assets
Residents of Tennessee who find that they require a fresh financial start may consider filing for Chapter 7 bankruptcy. A successful Chapter 7 results in the court discharging a debtor's financial responsibility to pay back his or her unsecured debt. Often, the debtor...