At McElroy & Associates, We Understand That Bad Things Can Happen To Good People
Get A Fresh Start Through Bankruptcy
Declaring bankruptcy for student loans in Tennessee is very difficult as the bar for declaring bankruptcy for these loans has been very high. However, some senators have been asking the Education and Justice department for reform. What borrowers must show the court To...
When your debts start piling up, it can feel like the walls are closing in on you. If you’re worried about how you’ll make it long enough to enjoy the long-term benefits of bankruptcy, know that there are some short-term benefits to get you there. An automatic stay...
When your finances start to spiral out of control, it can leave you feeling desperate. Some for-profit companies may prey on that desperation in an attempt to get you to sign on and utilize their services. Unfortunately, though, many debt settlement companies operate...
When struggling with debt, it is smart to look for a solution. But it is necessary to be cautious about debt-relief companies. Working with a debt-settlement company can leave you in an even worse situation than before. The only reason debt-relief companies seem...
For many people, filing for Chapter 7 bankruptcy is the only way to get their finances back in order. What many people fail to realize before filing is that the oncoming proceedings are a lot more complicated than they expect. For example, many fail to realize there...
You may be considering bankruptcy to break free from your debt. But you may be hesitant due to fears of what it will do to your credit score. While it is true that filing bankruptcy will impact your credit report, allowing your debt to go to collections may be even...
Bankruptcy is a tool that can assist various individuals in certain financial strains. While it was once looked down upon by many, filing for bankruptcy is becoming more acceptable amongst various groups of people. An automatic stay is a component of the bankruptcy...
Your financial situation may have suffered during your divorce. The amount of debt you took plus the lingering child support payments for the next few years leave you in a bit of a bind. You find yourself getting behind in everything. It is overwhelming. You wonder if...
For many people, bankruptcy is a way to regain control of their finances. A crucial part of this involves the automatic stay. This is an initial injunction that stops creditors from taking further action against you while a court determines whether your case qualifies...
Once your bankruptcy is behind you, life begins to look brighter. After all, you have succeeded in getting rid of an enormous mountain of debt. Yet you cannot help wondering what is next. Will you ever get credit again? What if you fall back into the old pattern of...