At McElroy & Associates, We Understand That Bad Things Can Happen To Good People
Get A Fresh Start Through Bankruptcy
Are you anxious about answering phone calls and checking your emails due to debts? Consider filing for bankruptcy, a legal lifeline for those with tremendous financial woes. If you need breathing room in debt collection, bankruptcy’s automatic stay can help. A legal...
Many Tennesseans, perhaps like yourself, have faced the uphill battle of managing medical debt. Working long hours, selling personal belongings and forgoing conveniences are common coping mechanisms. Understanding the unique nature of medical debt and knowing when to...
Filing for bankruptcy can offer you a fresh financial start, as it can end wage garnishments, creditor phone calls and other negative events. It may also allow you to keep assets such as funds in a retirement account or a Tennessee home, making it easier to rebuild...
Filing for bankruptcy may be an ideal way to keep your Tennessee home or to put a stop to wage garnishment. However, there may be other options available to help you get out of debt without doing as much harm to your credit score or creditworthiness. These options may...
Bankruptcy is a legal process designed to help residents of Tennessee and Arkansas regain financial control by eliminating all or part of their dischargeable debt. Filing bankruptcy has some immediate short-term impacts and long-term effects as well. It’s a...
Most people understand that bankruptcy clears unsecured debts like credit cards and medical bills. However, misunderstandings remain about discharging tax debt with bankruptcy. In reality, bankruptcy can clear some tax debts that are owed to the IRS or another tax...
When you realize that you need some financial help, you might look to bankruptcy to end your problems. While bankruptcy is the best possible scenario for many people near Memphis, it doesn't necessarily get rid of all debt, and you should only enter into a bankruptcy...
If you experience significant financial difficulties in Memphis and the surrounding areas, including Arkansas, you may decide to file for bankruptcy. When used correctly, a bankruptcy filing can help you regain control of your finances. During the process, some filers...
Residents of Tennessee who are crippled by massive debt might want to consider filing for bankruptcy. After filing, an automatic stay goes in place. This is an important component of the process. The automatic stay explained When a person files for Chapter 7 or...
Filing for bankruptcy may result in losing your car, Tennessee home or other assets, and taking such a step may also have a significant impact on your credit score. Typically, scores go down after seeking Chapter 7 or Chapter 13 protection from creditors. However,...