At McElroy & Associates, We Understand That Bad Things Can Happen To Good People
Get A Fresh Start Through Bankruptcy
Do you have a lot of medical debt in Tennessee? If so, you may be interested in a new national initiative by the three major credit reporting agencies. If the move is successful, it may wipe up to 70% of debt off of consumer credit reports. This is a major...
There are several types of bankruptcy in Memphis, Tennessee consumers can choose when they see no way out of debt. Chapter 7 bankruptcy is the most common, but filers must meet eligibility requirements. Chapter 13 is an option for those with a steady income who wish...
If your debt gets turned over to a debt collector you may experience numerous calls. However, some consumers still don't know their rights under the Fair Debt Collection Practices Act. It is beneficial to know how the FDCPA can help you deal with debt collectors in...
Working with a Tennessee debt relief company may seem like an effective way to fix your financial issues. However, the truth is that doing so may not be enough to avoid a default, repossession or foreclosure. The following examines the potential problems that you may...
Tennessee consumers who have massive credit card debt might not know where to turn. There are steps you can take to alleviate this burden. Make more than the minimum payment Making more than the minimum payment can help when you have sizable credit card debt. If you...
Handling several bills at the same time can become challenging. If you have debts piling up in Arkansas or Tennessee, you may want to consider filing bankruptcy. Learning more about the process is essential if you have student loans that you'd like to have discharged....
Tennessee residents struggling with debt may want to consider filing for Chapter 13 bankruptcy. This type of bankruptcy allows you to create a repayment plan that will enable you to pay back your debts over three to five-year periods. Keep reading to learn the basics...
If you are struggling with debt as a Tennessee consumer, you might wonder whether filing for bankruptcy is the right choice. Before you decide, it can be helpful to understand the difference in Chapter 7 and Chapter 13 bankruptcy so that you will know what to expect...
Memphis residents who are thinking about filing for bankruptcy have several key decisions to make. However, the biggest decision may be whether to file for Chapter 7 or Chapter 13 protection. Let's take a look at the key differences between these two options and how...
Many people and businesses in Tennessee consider bankruptcy as a last resort when they are drowning in debt. Though it damages your credit score for a few years, it gives you the opportunity to clear your debts and start a new or reorganize your business. However, the...