At McElroy & Associates, We Understand That Bad Things Can Happen To Good People
Get A Fresh Start Through Bankruptcy
When a financial situation becomes so dire that covering debts is impossible, a Tennessee resident might seek protection under federal bankruptcy laws, such as by filing Chapter 7 bankruptcy. Those who meet the requirements can take the necessary steps to eliminate...
When Tennessee consumers file Chapter 13 bankruptcies, they pay down their debts by making monthly payments for three or five years. When one of those debts is secured by a car, boat or other asset, they can include what is known as a cramdown in their Chapter 13...