Filing for bankruptcy will have a significant impact on your credit score and creditworthiness. It's also possible that you might cede property to your Tennessee creditors to help pay down your debts. However, for many, the process of seeking protection isn't as bad...
Your right to file for Chapter 13 bankruptcy in Tennessee will be subject to certain conditions. There are a number of legal and practical requirements that you will be required to meet. This type of bankruptcy may be right for your needs if you are currently...
For months, you weighed the positives and negatives of filing for personal bankruptcy. One of your biggest fears is how others will view you. You suspect that you will be harshly judged. But the first psychological step you must take is to erase that thought from your...
When you apply for Chapter 7 bankruptcy in Tennessee, the court must determine if you are capable of paying back your creditors. So they will conduct a test known as a "means test," which, if you pass, you'll be able to clear your debt through the Chapter 7 bankruptcy...
Many Tennessee consumers have misconceptions about bankruptcy and view it as something negative. However, it can help when you’re struggling with sizable debt. When you want to file, you need a bankruptcy certificate. The bankruptcy certificate explained A bankruptcy...
When you file for bankruptcy in Tennessee, you will receive an automatic stay of creditor collection activities. As a general rule, this means that your creditors cannot contact you about a debt, proceed with a lawsuit or foreclose on your home. The stay typically...
Bankruptcy. It is a word that often triggers thoughts of failure. But should it? There is a strong argument that this is the wrong way to look at bankruptcy. Instead of seeing it is a failure, it is important to see bankruptcy as an opportunity. How could bankruptcy...
When filing for Chapter 13 in Tennessee, you must also submit a repayment plan to the court showing how you intend to clear your debts. The amount you will pay monthly or bi-monthly will depend on your income, revenues, and expenses. Here's how you prepare to pay back...
If you file for Chapter 7 or Chapter 13 bankruptcy, there is a chance that you could lose assets such as a house, car or art collection. However, even if you do submit a bankruptcy petition to a Tennessee judge, there is no guarantee that you will actually have any...
People in Tennessee who are struggling with debt might be wondering whether they should file for bankruptcy and what types of debts they would be able to discharge. Some debts cannot be discharged in any kind of bankruptcy, and Chapter 13 bankruptcy differs from...