Lefkovitz & Lefkovitz
Nashville Office 615-686-2279 Cookeville Office 931-400-2218
Serving all of Middle Tennessee's Bankruptcy Needs

Sears is in a complicated bankruptcy. Yours can be much simpler.

Financial problems can befall any person or organization, including some of the world's largest companies. Take Sears for example.

SearsĀ Holdings Corp filed for bankruptcy this fall in its efforts to stay in business, according to a Reuters story. After a century of massive expansion and huge success, the retail and catalog giant, known early on as Sears, Roebuck and Company, fell into decline, and it has been unprofitable since 2011, according to Reuters.

How about your financial situation? If you are struggling with serious debt, you may be able to take advantage of bankruptcy protection and get relief from your creditors.

How Chapter 11 will (hopefully) help Sears

Bankruptcy can allow a business to restructure its debts and continue to operate. In October, Sears filed under Chapter 11 of the U.S. Bankruptcy Code, petitioning a federal court in White Plains, New York, to allow it to obtain $300 million in financing, according to Reuters. As part of its survival plan, Sears expects to close hundreds of stores, sell off certain assets, get more financing and make leadership changes.

How a Chapter 7 or Chapter 13 bankruptcy could help you

If you feel hopeless about your debt, you are not alone. Whether your financial struggles stem from a job loss, a divorce, an illness or another difficult situation, you may be able to get serious relief with a Chapter 13 or Chapter 7 bankruptcy.

If you qualify for one of these forms of bankruptcy (or another form), you may be able to do one or more of the following:

  • Discharge your credit card, personal loan and/or medical debt
  • Prevent bank foreclosure on your home
  • Deal with stressful tax debt
  • Unburden yourself from many forms of debt and gain a fresh start

A professional can advise you

Every situation is different. Get legal advice if you think you might be a good bankruptcy candidate.

No Comments

Leave a comment
Comment Information

We Look At Your Case From Every Angle To Find The Solution That Is Right For You

Bankruptcy help for everyone, from the most simple to the most complex cases.

Call Us Now To Schedule A Free Initial Consultation

Contact our Nashville office at 615-686-2279 or our Cookeville office at 931-400-2218. You can also reach us via email to set up a time to talk to us about your debts.

Get Legal Help Now

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Nashville Office
618 Church Street, Suite 410
Nashville, TN 37219

Phone: 615-686-2279
Fax: 615-255-4516
Nashville Law Office Map

Cookeville Office
312 East Broad Street, Suite A
Cookeville, TN 38501

Phone: 931-400-2218
Fax: 931-526-6244
Cookeville Law Office Map

Back To Top