At McElroy & Associates, We Understand That Bad Things Can Happen To Good People
Get A Fresh Start Through Bankruptcy
For many Americans, even those with health insurance, medical debt is their greatest source of debt. Further, the effects of many thousands of dollars of medical debt can snowball – affecting their overall financial well-being. To make matters worse, medical debt is...
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...
Garnishments can be a significant financial burden, taking a portion of your wages directly to satisfy debts. Filing for bankruptcy can offer relief, but understanding how and when garnishments stop is crucial for Tennessee residents. Here, you can learn when wage...
When you are drowning in insurmountable debt, a chapter 7 bankruptcy can provide a way out. It can give you a much-needed fresh start and eliminate crippling financial problems. Unfortunately, far too many people have developed incorrect assumptions about filing for...
A bankruptcy is one of the most immediate and thorough solutions for major personal debt. A successful personal bankruptcy filing leads to a cessation of collection activity as soon as someone files. If the courts approve their discharge, they can eliminate the...
One of the reasons that some people are judgmental about bankruptcy is that they view it as relatively rare. They think that only irresponsible people file for bankruptcy. The reality is that many people who need bankruptcy protection are relatively diligent and...
It’s not a good feeling to miss a mortgage payment. Your home is a source of security for you and your family, and you don’t want to lose it. But sometimes money just gets tight, and you realize you can’t make all of the payments that you owe on time. You may end up...
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...
It may feel like a "no-win" situation. You feel overwhelmed by your debt and are struggling to make loan payments on your vehicle. But you need your job to pay your bills and your car to commute to that job. A common worry among individuals in financial hardship is...
Medical debt is one of the top reasons that people file for bankruptcy. Even relatively minor issues can be prohibitively expensive to treat. A serious condition, like suffering from a heart attack or being diagnosed with cancer, could lead to overwhelming debt....