People sometimes think that declaring bankruptcy in Tennessee means losing everything. In actuality, it can be a way to save some of your larger assets, such as your car or your home. The thing is, a bankruptcy filing puts a stay on other legal proceedings. If your...
Chapter 13
What debts will Chapter 13 not get rid of?
When filing for Chapter 13 bankruptcy, it's just as important to know what types of debt you cannot get rid of in Tennessee as it is to know what debt it can eliminate through a discharge and restructuring. A few of the things that Chapter 13 will not touch are as...
Why should you choose Chapter 13 bankruptcy?
You may be trying to debate between Chapter 13 and Chapter 7 bankruptcy in Tennessee. While both have a lot to offer you, below are a few reasons why you may want to use Chapter 13, as it could be the best in your situation. Please note that all situations are...
How is debt repaid in Chapter 13 bankruptcy?
Filing for bankruptcy protection is not typically something people do on a whim. Making this decision requires thoughtful consideration, research and a thorough understanding of the types of debt under which a person is buried. There are several different options for...
Consider Chapter 13 when you want to repay, not discharge, debts
In our last post, we discussed all the various types of debts that can be wiped out when a person files for Chapter 7 bankruptcy. It is a very effective way to deal with unmanageable debt, but it is also quite aggressive. For people who are looking for a less severe...

