Lefkovitz & Lefkovitz
Nashville Office
615-686-2279
Cookeville Office
931-400-2218
Serving all of Middle Tennessee's Bankruptcy Needs
We help individuals and businesses find the right solution to their money problems.

personal bankruptcy Archives

Curing your credit card disease: Bankruptcy vs. debt management

In many ways, consumer credit card debt is like a disease, a crippling ailment that afflicts people of all ages, backgrounds and income levels. But often a credit card problem is just a symptom of a more significant issue like a divorce, a job loss or business failure, or a costly medical episode. When left unchecked, the debt can cause high levels of stress, which in turn can strain relationships, create or exacerbate anxiety and depression, and affect the consumer's physical health.

Is it possible to recover from massive medical debt?

If you or someone in your family has spent time being treated at a hospital recently, you know how expensive medical care is. Whether someone suffers a serious injury from a car accident, faces a cancer diagnosis or experiences a heart attack, the costs mount quickly, almost instantly becoming overwhelming.

What is the best way to stop harassing calls from debt collectors?

Even though the Fair Debt Collection Practices Act (FDCPA) places restrictions on how debt collectors can interact with consumers, many debtor collectors have been known to push these restrictions to the limit - and sometimes beyond the limit.

Can bankruptcy be used to eliminate student loans?

One of the most common questions we get from college graduates is whether or not student loans can be discharged and eliminated through bankruptcy. It's no wonder why this is such an important question, especially when you consider that tuition rates and student loan debt are at all time highs.

5 reasons you shouldn't wait to file bankruptcy

Unfortunately, many people wait far too long to file for bankruptcy protection. In fact, many will first try any other option available before even considering bankruptcy as a solution to their financial problems. They cash out their retirement accounts, refinance their homes and even borrow money from friends and family just to keep afloat - mistakes that can prove costly down the road.

Southern states ― particularly Tennessee ― have some of the highest bankruptcy rates

According to a recent review of federal bankruptcy data conducted by NerdWallet - a financial information organization - six out of the 10 states with the highest personal bankruptcy rates can be found in the South. Topping the list with 553 bankruptcy filings per 100,000 residents is Tennessee.

I'm in over my head, and school's to blame. Can I file bankruptcy to get rid of my student loans?

In an era where an undergraduate degree can cost an astounding $200,000, people often ask us whether bankruptcy can help them escape student loans. The unfortunate reality is that few people have the option to discharge (free themselves of) student loans through bankruptcy. The way the US Bankruptcy Code currently reads, you must face severe financial difficulties ("undue hardship") to be eligible for discharge.

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

Phone: 931-400-2218
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