Personal bankruptcy options include Chapter 7 liquidation bankruptcy or Chapter 11 reorganization bankruptcy. Depending on the unique circumstances and goals of the filing party, one option may be better than the other. Chapter 7 personal bankruptcy allows the filing...
Personal Bankruptcy
Tennessee ranks 2nd for bankruptcies as they decline in April
Bankruptcy can be a challenging subject, but it does not have to be since it is designed to help struggling families and individuals. No matter a person's situation or reason for filing, bankruptcy can be a real and workable solution for many.Though bankruptcy filings...
Chapter 7 bankruptcy can provide much-needed debt relief
The decision to file for bankruptcy can be a big step, but it does not have to be an especially unpleasant one. This blog recently discussed the increased number of bankruptcy filings and the high number of bankruptcy filings in Tennessee. Bankruptcy protections...
Bankruptcy filings on the rise in March
Bankruptcy is an important process for consumers and businesses. The bankruptcy process is a way to resolve debt problems, and it frequently provides new opportunities. Whether you are in consumer debt or business debt, filing for bankruptcy can be the major step to...
Newly released bankruptcy numbers show increase
Personal bankruptcy options exist to help when individuals are facing financial challenges in a struggling economy. While it is a challenging reality to accept and an extremely difficult step to take, filing for bankruptcy can be a real solution for those dealing with...
Personal bankruptcy options for those struggling with debt
Personal bankruptcy options are available for those struggling with the stress of overwhelming debt. The bankruptcy process can help reduce or eliminate debt or provide a timeline to repay debts that cannot be discharged over time and under more favorable...
Tennessee remains second in the US for personal bankruptcies
Although there was a decrease nationally in bankruptcy filings last year, Tennessee remained second in the nation for bankruptcies, per capita. Nationally, the number of bankruptcy filings dropped 46 percent in January when compared to December, but increased 5...
Bankruptcy options can provide relief from repossession
The average Tennessean can have understandable concerns related to their home or car when they have lost their job. They may have serious concerns related to foreclosure or repossession and may have tried everything to make both mortgage payments and car payments, but...
Bankruptcies fall last year but Tennessee remains national leader
Though the number of individuals in the Chattanooga area needing to file for bankruptcy fell to a 10-year low last year, and the number of foreclosures also fell, Tennessee remains the leader in the nation for personal and business bankruptcies. In addition, increased...
How do I qualify for personal bankruptcy protection?
There are generally two different types of personal bankruptcy options, and there are different ways of qualifying for each. If you are considering bankruptcy as an option to enjoy debt relief, you may wonder what the differences are and how to qualify. The two...
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