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Chattanooga Bankruptcy Law Blog

Tennessee bankruptcy discharge basics — Part 3

In the past two articles, we have provided an overview of Tennessee bankruptcy discharge and discussed property exemptions. Today’s post will address a two-part question: does a debtor have the right to discharge debt; and to what extent, if any, can a creditor object to the…

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Does Chapter 7 wipe the slate clean?

Tennesseans buried in a deep debt hole likely have heard of Chapter 7 bankruptcy, an option that can seemingly make debt disappear as if it never happened. But what is Chapter 7 and just how thoroughly does it erase a debtor’s ledgers? To learn more, read…

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Pros and cons of Chapter 7 bankruptcy

Filing for bankruptcy can be a difficult decision for some Tennesseans. It’s a big decision; it can come with some stigma. But in many instances bankruptcy is the right choice for putting a tough time in the rear-view mirror and getting on with one’s life. Below…

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Is an inherited IRA exempt as retirement savings?

Bankruptcy is not a simple process. Whether you are dealing with Chapter 7 debt relief or debating a bankruptcy exemption with a bankruptcy trustee, it is important to have an attorney with experience and knowledge representing you. Tennessee readers might be interested in a recent Chapter…

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