Lefkovitz & Lefkovitz
Nashville Office 615-686-2279 Cookeville Office 931-400-2218
Serving all of Middle Tennessee's Bankruptcy Needs

Posts tagged "bankruptcy"

Credit card debt, quicksand and escaping through Chapter 7

Credit card debt can feel a lot like quicksand, a volatile blend of sand and water that exists in real life, not just in old TV shows and movies. Quicksand looks harmless on the surface, but once you've fallen in, it can be very difficult to get out; asphyxiation, thrombosis, fatigue, heat and dehydration end up killing many victims. As watchers of 1970s television can attest, the panicked struggle to escape makes you sink deeper.

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.

Bankruptcy could help if you're married to someone with an addiction

Alcoholism and drug addiction affect people from all backgrounds in the Nashville area. Medical providers, social service agencies, law enforcement personnel and educators are always trying to find solutions to the many problems caused by substance abuse. But what if the problem hits really close to home, or it is in your home right now?

Many celebrities have used bankruptcy to get out of trouble. You can, too.

Countless celebrities have filed for bankruptcy over the years. According to Time, this long list includes talk show titan Larry King, former heavyweight champ Mike Tyson, rappers 50 Cent and MC Hammer, actors Gary Busey and Burt Reynolds, and rock stars Tom Petty and Mick Fleetwood. Abraham Lincoln, Henry Ford and Donald Trump are often cited as other examples.

Bankruptcy: It worked for President Trump. It could help you, too.

Many Americans have strong feelings, positive and negative, about our new president and his financial history. Some are impressed, even dazzled, by his many eponymous businesses and displays of apparent personal wealth. Others are skeptical about President Trump's tax returns and his history of business bankruptcy filings.

Spouses filing separate bankruptcies: A question of IF and WHEN

Married people can get confused about how to utilize Chapter 7 or Chapter 13 bankruptcy protection. Some couples with excessive debt -- whether it is related to an illness, a job loss, a business issue or another problem -- know bankruptcy can help bring relief, but they may be unclear about whether they should file together or separately, which can be more expensive and complicated.

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

Phone: 615-686-2279
Fax: 615-255-4516
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Cookeville, TN 38501

Phone: 931-400-2218
Fax: 931-526-6244
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