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February 2019 Archives

What should you do if you cannot afford to file bankruptcy?

It is bad enough when you reach the point where you realize you need to file bankruptcy, but when you also realize that you cannot afford to file bankruptcy in Tennessee, things become even worse. It is not uncommon to worry about affording bankruptcy. After all, you are having serious financial issues if you need to file. However, to turn things around and get out from under the debt, you have to find a way to afford filing.

Will bankruptcy help or hurt my future credit options?

If you are one of the many people in Tennessee who faces high levels of debt that you do not know how you will ever repay, the thought of filing for bankruptcy may well have crossed your mind. Before making the choice to pursue a bankruptcy, it is wise for you to understand what and bankruptcy may or may not be able to do for your financial future.

Going over some benefits of Chapter 13

When it comes to bankruptcy, there are many options, but Chapter 13 makes the most sense for some people. There are a number of reasons why Chapter 13 can be so beneficial, and we will take a closer look at some of the benefits of Chapter 13 in this post. In Memphis, and across the state of Tennessee, too many people have allowed debt to hold them back. If you are struggling with debts that you cannot pay off, you should not hesitate to explore solutions that may be on the table.

Can I choose which debts to pay off first?

Individuals that are just about to file for Chapter 13 bankruptcy may wonder how much flexibility they will have in paying their debts. You might want to prioritize paying off a house mortgage before you want to tackle a credit card bill. While Chapter 13 can help you give a fresh financial start in Tennessee, there are some steps in the bankruptcy process that you will not have a final say on, including which debts are to be paid first.

*We are a debt relief agency.
We help people file for bankruptcy relief under the Bankruptcy Code.