When you file for Chapter 7 bankruptcy, you go into the process with the hope that all of your debt will be discharged. While this holds true with most unsecured debt, there are some types that are immune to the bankruptcy process. Here is a list of the debts that...
Chapter 7
New bankruptcy forms coming soon
Are you considering a bankruptcy filing? Are you interested in learning more about what this entails? If so, you should know that many of the official bankruptcy forms currently in use are being replaced with an effective date of December 1, 2015. In 2008, the...
These are some benefits of Chapter 7 bankruptcy
It can be difficult to decide for or against a Chapter 7 bankruptcy filing. There is a lot that goes into this decision, and you don't want to make the wrong choice as it could negatively impact you and your finances for many years to come. If you are considering...
Understanding the Chapter 7 means test
If you are interested in filing for Chapter 7 bankruptcy, there are some things you need to know. Most importantly, you may not qualify for this type of bankruptcy. This is often the case if you earn too much money. With Chapter 7 bankruptcy, the means test comes into...
What debts will I still have after Chapter 7 bankruptcy?
Filing for Chapter 7 bankruptcy does not necessarily mean the end of your debts. Indeed, some debts cannot be touched by Tennessee bankruptcy proceedings. This article will discuss those debts and what you will still be responsible for paying off coming out of...
Video: What debts can I discharge in bankruptcy?
If you are overwhelmed by debt and are thinking about filing for bankruptcy, you may be wondering which, if any, of your debts can be discharged. The good news is that most debts, including medical bills and credit card debt, can be wiped clean by Chapter 7...
How long will a Chapter 7 bankruptcy filing take?
Every case is different, and so that means there is no set amount of time that it takes to file for Chapter 7 bankruptcy in Tennessee. However, there are some key averages and things you can expect if you're going to file, and your case should roughly fall into these...
Things that make you ineligible for Chapter 7
Many people in Tennessee are eligible for Chapter 7 bankruptcy if they'd like to use it, but there are a few things that could make you or your debt ineligible. It's important to note what these things are so that you know if you can file or not. First, you would be...
Man says bank caused his bankruptcy
A man who is now living in Jackson, Tennessee, is fighting in court to keep from having to pay around $1.3 million for a loan that he took out for $800,000. He took that business loan out before the recession, using it to help his trucking company, but he had to...
Can you get rid of student loans with Chapter 7?
Are you facing a lot of student loan debt in Tennessee? Many students are, and you may be looking for a way out. Chapter 7 bankruptcy is a type of bankruptcy also known as liquidation that erases debt after assets are sold. So, can you use this to get rid of your...

