One of the reasons you may be considering filing Chapter 7 bankruptcy in Tennessee is that you believe Chapter 7 discharges your credit card debt. But is this always true?
As a resident of Tennessee, you have several options available if you decide to file for bankruptcy. Chapter 13 and Chapter 7 are the two most commonly talked about. However, before you file for bankruptcy, you should understand that not every debt you hold may be considered dischargeable.
When you file bankruptcy in Tennessee, the court may well require you to go to credit counseling. Actually, Need Help Paying Bills recommends that you obtain the services of a credit counselor prior to filling bankruptcy so as to possibly avoid it.