In a recent blog post, we discussed how Chapter 11 bankruptcy can help businesses or individuals restructure debts to create a more viable future. For businesses, Chapter 11 bankruptcy is often a beginning instead of an ending, and restructuring can mean the business...
Nashville, Tennessee, Bankruptcy Law Blog
What do you know about Chapter 11 bankruptcy?
When it comes to bankruptcy, most people are familiar with Chapter 7 and Chapter 13. While these are the most common choices for individuals, Chapter 11 bankruptcy often comes into play when a business needs to reorganize due to a large amount of debt. It is not...
The biggest benefits of Chapter 13 bankruptcy
If you are interested in filing for personal bankruptcy, you will have a big question to answer early on: Is Chapter 7 or Chapter 13 bankruptcy the best option? While many people immediately gravitate toward Chapter 7, due to the fact that they can discharge most...
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...
Video: How often can you file bankruptcy?
There is no question that bankruptcy laws are complicated. Because of this it is not surprising that there are a lot of misconceptions about things related to the process, such as how often someone can file for protection under bankruptcy laws. Many believe that it is...
Bankruptcy and wage garnishment: Getting the help you need
If you slip too far behind on your bills, it is only a matter of time before creditors begin to contact you. At some point, they may file a lawsuit with the idea of garnishing your wages. When this happens, you will find yourself in a more difficult position. It will...
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: Can I Discharge Student Loans In Bankruptcy?
In the course of a bankruptcy many of the filer's debts will be discharged. Generally the types of debts that qualify are clearly laid out. One type of debt where there is some question however, is student loan debt. While in some cases it has been discharged, it is...
What is bankruptcy fraud?
It is very important that you don't commit bankruptcy fraud in Nashville, Tennessee, something that can, in certain situations, be done accidentally. Be sure you know exactly what legal steps to take and what is required of you under the law so that you don't find...
Video: Filing for bankruptcy and keeping your house and car
Individuals seeking to alleviate their financial issues via a bankruptcy filing may be hesitant to do so for fear of losing some of their larger assets such as their house and vehicle. Depending on your financial circumstances, in the course of a bankruptcy...

