Many consumers in Tennessee who are considering the possibility of filing for bankruptcy are concerned about whether they will be at risk of losing all of their property if they do decide to file. It is critical to know that there is no type of bankruptcy filing in...
Year: 2022
What is the Automatic Stay?
When deciding to file bankruptcy, the automatic stay is one of the most powerful tools for a debtor. The automatic stay is as an injunction order that immediately stops a number of debt collection actions against you and your property, such as civil lawsuits, a wage...
What are Bankruptcy Exemptions and How are They Used?
When you are considering personal bankruptcy in Tennessee, it is important to learn about bankruptcy exemptions, and how they will be applied. Bankruptcy exemptions are applicable in different bankruptcy proceedings including Chapter 7, Chapter 11, and Chapter 13...
Chapter 7 Versus Chapter 13 Bankruptcy: Important Differences to Know
Debtors who are considering the possibility of Chapter 7 or Chapter 13 bankruptcy often want to understand their options. For example, is it possible to choose between a liquidation or reorganization bankruptcy if you are a consumer or individual (as opposed to a...
Student Loans and Bankruptcy: Key Updates in 2022
If you are an individual with significant student loan debt in addition to other types of debt, you might be considering the possibility of bankruptcy but wondering if you could be eligible to have your student loans discharged. There are many myths and misconceptions...
Bankruptcy for Business Owners: Five Things to Know
Filing for bankruptcy as a business owner can be extremely complicated, and it is important to understand how the complexities of U.S. bankruptcy law are likely to affect your case. There is a lot of important information for business owners to know about bankruptcy,...