At McElroy & Associates, We Understand That Bad Things Can Happen To Good People
Get A Fresh Start Through Bankruptcy
Medical emergencies often happen without warning, and the bills that follow can quickly become overwhelming. Even people with health insurance may find themselves struggling with expenses they never even expected. When medical debt starts to pile up, it can affect...
Sometimes, a car may mean much more than getting from one place to another. It might help you earn a living, take your children to school or attend medical appointments. When your daily routine depends on that vehicle, Chapter 7 bankruptcy could make the risk of...
Chapter 7 bankruptcy is the fastest way for individuals, married couples and businesses to discharge unsecured debts. When the process moves forward without any significant complications, filers can often complete Chapter 7 bankruptcy in less than half a year. Unlike...
Money problems can build up fast. A few missed payments can turn into collection calls, lawsuits and wage garnishment. As pressure grows, looking into Chapter 7 bankruptcy in Tennessee often brings one key question to the surface — what debts actually go away? The...
Certain rules limit Chapter 7 bankruptcy proceedings. Only some people are eligible for this relatively rapid form of bankruptcy. Additionally, the discharge available only applies to certain unsecured debts, such as credit card balances and medical bills. Individuals...
Deciding to file for chapter 7 bankruptcy is never an easy decision to make. While this option can help relieve you of some debt, it does not eliminate all types of it. Knowing how your debts are classified can help you understand what the bankruptcy process...
A serious work injury does not always mean you must file for Chapter 7 bankruptcy. Still, it can help when medical bills and lost income create heavy debt. Chapter 7 bankruptcy can help you erase most unsecured debts. Whether this option fits your situation depends on...
As your unpaid bills accumulate, creditors may intensify collection efforts by calling daily, mailing notices or threatening legal action. Some collectors may even contact your workplace or relatives. This constant pressure can feel overwhelming and over time, affect...
Owing money that you can’t pay is serious. Once you have admitted to yourself that your debts are out of control and you are tired of creditors blowing up your phone and email inbox (not to mention the threatening letters from creditors), you have taken the first...
Several misconceptions regarding bankruptcy exist, but one of the most common ones is the fear that you will lose everything if you file for bankruptcy. That, along with a perceived stigma, can make people continue to struggle against a tidal wave of debt. Clearing up...