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Chattanooga Bankruptcy Law Blog

Don’t let fear of losing assets keep you from debt relief

We spend years gathering things-the car given by parents on graduation day, the china dinnerware you got on your wedding and the vintage ring your grandmother gave you. Many Tennessee residents may lug their prized possessions around from city to city as they move around for…

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Exceptions to creditors’ levy of bank accounts in Tennessee

Being in debt can be a very stressful situation. Having to worry about making payments that one knows cannot be made, whether due to unemployment, large medical expenditures, or other sources will wear on any Tennessee resident. Eventually, such debtors may also start to consider that…

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Is there an exception to ‘wildcard’ bankruptcy exemptions?

It is a sad reality of modern American life that it presents many opportunities to fall into debt. Whether one owes money to credit card companies, hospitals or other medical professionals, or has gotten behind on mortgage payments, being in debt is generally no fun. A…

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Break your cash advance dependency

Many Tennessee residents who are struggling financially need some form of debt relief. There is nothing wrong with that. The problem lies in the type of relief on which you rely. Sadly, there are some options out there that end up placing people in worse positions…

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Discharging credit card and medical debt in Tennessee

Life moves pretty fast, and sometimes unexpected things happen along the way. An unexpected injury or a lengthy illness can mean large medical bills, especially in this time of uncertainty with regard to health insurance. A period of unemployment due to a layoff or other circumstances…

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Are debt collectors and creditors harassing your family?

An overwhelming burden of debt is stressful. You are behind, interest is accumulating and you do not know if you can ever catch up. Whether you owe thousands on credit cards or you are behind on your mortgage, your financial situation is already difficult enough, yet…

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Statute of limitations to collect Tennessee medical bills?

The costs of medical care continue to rise in Tennessee and around the country. Although the rate of this rise in costs has decreased since the adoption of certain federal laws in the last decade, being treated for an injury or illness, especially a serious or…

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What is a ‘means test’ in Tennessee Chapter 7 bankruptcy?

Filing for bankruptcy can help Tennessee residents get a fresh start on their financial lives. Whether they became saddled with debt they can’t pay through loss of a job or unexpected expenses, such as sudden illness, a Chapter 7 liquidation may be able to get them…

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What are the three types of creditors in a Chapter 13 case?

Tennessee residents who have gotten into debt may feel overwhelmed, as if there is no way out. Whether because of a period of unemployment, medical bills or other types of emergency expenses, anyone may find herself in such a situation. One possible solution in these cases…

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Dealing with your student loans through bankruptcy

Do you find yourself overwhelmed by how much you owe in student loans? You may be like the many Tennessee college graduates who left school and entered the real world, only to find themselves dealing with an enormous amount of debt within a few months of…

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