Consumer Bankruptcy For A Fresh Start
People in Tennessee like to work. It feels good to support your family. But sometimes, through no fault of your own, you lose your job or your hours are cut, causing you to fall behind on paying your bills until it seems impossible to catch up.
Turn to Christopher Kerney, a bankruptcy attorney with more than 20 years of experience serving clients in Gallatin, Portland and throughout the surrounding cities. He has the empathy and skill to help you resolve even the most complex debt concerns. Call Call for a free consultation today.
Why File For Bankruptcy?
There are millions of people in the world but there are a few common reasons why people decide to file for bankruptcy:
- Keep a home/prevent foreclosure
- Stop creditor harassment
- End credit card debt
- Protect a car from repossession
- Save a marriage
Most people file for bankruptcy when some sort of action triggers the need for it. Perhaps a home is going into a foreclosure sale. Perhaps wages are being garnished. Or maybe threatening collector phone calls are being received. When the situation becomes unbearable, or something is about to be lost, people look at bankruptcy as a way to solve their problems and start over.
Who Files For Bankruptcy?
Occasionally parents are forced into bankruptcy when they co-sign on a loan for an adult child who then defaults on the loan. Bankruptcy can be a good option when someone without health insurance has an accident, surgery or illness causing major medical debt. We have seen people as young as 20 and as old as 80 file for bankruptcy. It is a bankruptcy myth that only people who spend too much file for bankruptcy. Bad things can happen to good people, and when they do, our law firm can help you start over.
How Do I Choose Between Chapter 7 Or 13?
Chapter 7 bankruptcy, or straight bankruptcy is the best choice for many people. Chapter 13 bankruptcy is a good choice for people who want to protect assets that cannot be protected in Chapter 7. When you talk to an attorney, we will apply the means test and help decide which is the best course of action for you and your family. We will also tell you about credit counseling, which you will be required to participate in.
Stop tossing and turning due to money worries. Our law firm helps individuals and families in Gallatin, Portland, Hendersonville, Lebanon and the surrounding area. Let us evaluate your financial situation and help you identify your options. Your first consultation with a lawyer is free with no obligation. Call or contact us online today.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.