Filing Bankruptcy in Tennessee
While it is possible to file for bankruptcy on your own, the process can go much more smoothly with a lawyer advising you. Before you even begin to file, you must gather all of the appropriate paperwork, like your tax returns, deeds to any real estate you own, car titles, loan documents, living expenses and your income sources. You will also need to figure out which property is exempt from seizure according to Tennessee law.
Debt Relief Solutions
Our experienced lawyers are familiar with Tennessee bankruptcy laws, so we will be able to advise you on what documents you need to provide, what property will be exempt, etc. Your attorney will also be able to determine which kind of bankruptcy will be best for you to file based on your income and assets. There are two options for bankruptcy which are Chapter 7 (liquidation) and Chapter 13 (reorganization).
Chapter 7 can help you get a second chance at your financial life. The Law Office of Joe. R. “Jay” Johnson, II can use it for the purpose of permanently discharging any of your unsecured debts (such as credit cards or medical bills) within 90 days while helping you retain your property such as your home and car. Talk to us today to discuss whether a Chapter 7 filing is right for your situation.
Chapter 13 offers debt relief by allowing our firm to help you construct a repayment plan for your debts without putting you under financial strain. If you have a steady salary, it will allow you to keep your property as you catch up on your secured debts and bills using your disposable income to make payments. We can help you get your finances back on track – find out how we can use Chapter 13 to give you peace of mind.
Contact Joe R. “Jay” Johnson, II Today
At The Law Office of Joe R. “Jay” Johnson, II, we will make sure you get the affordable, accessible, one-on-one service you need to make the process go as smoothly as possible.
If you are thinking about filing bankruptcy, contact our office so we can help you determine your best options. It can be very stressful and emotionally draining to deal with financial difficulties, and if you don’t have the knowledge or experience, it can be confusing to try and figure out everything you need to file bankruptcy.