At McElroy & Associates, We Understand That Bad Things Can Happen To Good People
Get A Fresh Start Through Bankruptcy
Medical debt is one of the top reasons that people file for bankruptcy. Even relatively minor issues can be prohibitively expensive to treat. A serious condition, like suffering from a heart attack or being diagnosed with cancer, could lead to overwhelming debt....
The decision to file for personal bankruptcy is often a difficult one. Most people would prefer to avoid bankruptcy if possible, because of its negative side effects. Someone who files for bankruptcy faces the closure of their revolving lines of credit. Their credit...
Bankruptcy often carries a heavy stigma, leading many to avoid considering it a viable option for resolving financial distress. However, understanding the true nature of bankruptcy can reveal it as a strategic tool for achieving financial freedom. Learn more about...
Tennessee residents often file Chapter 7 or Chapter 13 petitions when overwhelming debts make their financial situations unmanageable, but some obligations cannot be included in personal bankruptcies. Priority debts that cannot be discharged in a bankruptcy include...