Filing for bankruptcy can be a difficult decision for many Memphis-area residents, and especially when part of the household income is Social Security benefits. There are many people in the region who are apprehensive about actually filing for protection from...
At McElroy & Associates, We Understand That Bad Things Can Happen To Good People
Get A Fresh Start Through Bankruptcy
Month: October 2021
How may a Chapter 7 bankruptcy affect keeping my car?
A Chapter 7 bankruptcy may not require you to give up your vehicle, even while paying off a car loan. As noted by Experian.com, you may continue financing your vehicle if its equity does not exceed Tennessee's wildcard exemption. Tennessee generally allows Chapter 7...
When should I file bankruptcy?
Bankruptcy can be a helpful financial tool for many situations, but it is not always the answer. You should make sure that you do not file without considering your finances. Keep in mind that there are limitations on how often your can file, so you want to be sure...