When faced with mounting bills, it is easy for a person's financial situation to get out of control quickly. When this occurs, your first impulse may be to sign up with a debt relief program. After all, these programs make impressive claims about reducing or even...
At McElroy & Associates, We Understand That Bad Things Can Happen To Good People
Get A Fresh Start Through Bankruptcy
What Bankruptcy Can Do
How do I keep my car when I’m going through bankruptcy?
In many ways, your car is your lifeline. Without one, getting from place to place becomes difficult. Yet, if you’re preparing to file bankruptcy, you may fear you will lose it during proceedings. While some people must forfeit their car during bankruptcy, you might...
What does creditor harassment look like?
Millions of Americans struggle with debt. Unfortunately, many of these people also must deal with unscrupulous debt collectors. People in this situation can be afraid to answer the phone or leave their home. They can be worried about whether a boss or family members...
Is credit counseling worth it?
When you file bankruptcy in Tennessee, the court may well require you to go to credit counseling. Actually, Need Help Paying Bills recommends that you obtain the services of a credit counselor prior to filling bankruptcy so as to possibly avoid it. Whether before or...
How will bankruptcy affect your credit score?
If you are one of the many people in Tennessee who are struggling to keep up with overwhelming debt payments, you likely have begun thinking about filing bankruptcy so as to get most of your debts discharged and consequently give yourself a fresh financial start....
What can bankruptcy’s automatic stay protect you against?
As a Tennessee resident who is getting hounded by creditors or debt collectors, you may be feeling as if you are at your wit’s end. Receiving seemingly constant communications from creditors can prove anxiety-inducing at best, and you may be wondering whether...
Can bankruptcy eliminate all debt?
In Tennessee, there are a number of debt relief options available. However, bankruptcy is one of the most official. This process uses the courts, so you would be safe from many of the less scrupulous organizations that may claim to help debtors. If you are ready to...
Stop phone harassment from credit card companies
Circumstances beyond your control may have forced you into financial difficulty. Believing the circumstances to be temporary, you may have used credit cards to pay your bills, becoming saddled with intractable debt in the process. At Jimmy E. McElroy & Associates,...
Does filing for bankruptcy provide any benefits?
Financial stress may have you feeling hopeless about the future and your ability to live debt-free, but fortunately, there are options to help you regain control of your situation. Bankruptcy often gets a bad rap from many people in Tennessee, but the reality is that...
Is it really impossible to get rid of student loans?
If you are currently thinking about filing for bankruptcy in Tennessee, you were probably disappointed to hear that you were still liable for student loans. However, according to Forbes, this is not always the case. Forbes is clear that a discharge of student loans...