There are many good, hard-working people in Tennessee and throughout the country who are experiencing serious financial trouble right now. You might be one of them. If so, you’ll be glad to know that there are numerous debt relief options that may be helpful to you,...
Chapter 13 Bankruptcy
Do you qualify for Chapter 13 bankruptcy?
When a financial crisis arises, it can negatively affect all aspects of your life. Not only might you not have spending money, you might also have trouble making ends meet at home, such as making mortgage payments on time or keeping enough food on the table to feed...
Is Chapter 13 a good fit for your bankruptcy needs?
In Tennessee and beyond, many people are struggling to stay afloat financially. Perhaps someone in your household lost a job in recent years. Or, maybe you’ve had unexpected medical bills that have sparked a severe financial crisis. Filing for bankruptcy is a valuable...
3 ways Chapter 7 bankruptcy differs from Chapter 13
Perhaps you’re one of many people in Tennessee and across the country with a pile of medical bills to deal with in recent years. Even with insurance, your debt might continue to rise. If you were to say that, at some point, you resorted to using your credit card to...
Chapter 13 filings on the rise in Tennessee
Many Tennessee residents have struggled with finances over the past five years. It might be difficult to find someone who has not, especially with the money problems many experienced due to the pandemic. Many individuals facing difficult financial circumstances file...
Which type of bankruptcy helps retain assets?
Many people in Tennessee and beyond understand the daily living challenges that come with household debt. It does not take long for finances to get out of hand, sometimes with no foreseeable means of restoring financial stability, especially if the options available...
What does it take to file for Chapter 13 bankruptcy?
Many Tennessee residents may hold the mistaken idea that they cannot qualify for bankruptcy if they have a steady income. In fact, it is not unusual for people across the country to think of bankruptcy as something only for people who do not have any money to pay...
Reorganize finances with Chapter 13 bankruptcy
In Tennessee and throughout the country, many people are facing unsettling financial issues. While each household’s issues are unique, many people can relate to similar experiences, such as unexpected medical bills causing credit card debt to spiral out of control....
Why Chapter 13 is called “wage earner” bankruptcy
If a Tennessee homeowner loses a job or encounters other issues that result in a loss of income, a serious financial crisis might arise from which it’s difficult to recover. Inability to pay mortgage or keep up with payments on other debts, such as a credit card...
Chapter 13 bankruptcy and student loan debt
Under current nuances of U.S. codes of law, student loan debt is not dischargeable. At least, that is the way it has always been in the past. There have been several recent litigation cases, however, including a married couple who owed more than $120,000 on student...
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our office location:
Richard Banks & Associates, P.C.
393 Broad Street Northwest
Cleveland, TN 37311
Toll Free: 866-596-8527
Phone: 423-244-0009
Fax: 423-478-1175