At McElroy & Associates, We Understand That Bad Things Can Happen To Good People
Get A Fresh Start Through Bankruptcy
Along with the cost of high-deductible insurance plans, mounting medical bills are a considerable worry for families with an average income. An accumulation of medical bills is certainly not the only reason people consider filing for bankruptcy protection, but...
If you are having trouble paying your debts in Tennessee and have falling behind in payments, your creditors will aggressively approach you to try to get you to pay. At this point, you may be thinking of filing bankruptcy, but you may have another option. You can try...
People in Tennessee often hold off filing for bankruptcy on the basis of a mistaken idea that doing so causes you to lose everything you own. We at Jimmy McElroy & Associates assure you that not only is this not true, but filing for bankruptcy can actually allow...
You might find it strange to say that bankruptcy can be good for your health. If bankruptcy places such a stigma on the person filing for it, why would it be good for your health? The answer is because many Tennessee residents who fear going bankrupt will do anything...
Chapter 13 bankruptcy could be a powerful tool to restructure and limit the long-term impact of your debts. It could, in many cases, reduce financial risks, namely by limiting your creditors’ rights to repossess the property you have offered them as collateral. Even...
Chapter 7 is a form of bankruptcy that would involve liquidating your assets in order to obtain debt forgiveness. If you could qualify for it, and if you were under significant financial strain, it could be worth your time to look at the long-term results of choosing...
If you are a Tennessee resident facing overwhelming debt, you probably feel like you are being harassed to death by constant phone calls from all your creditors insisting that you pay their debts immediately. However, the Fair Debt Collection Practices Act forbids...
There are plenty of stories of people who filed for bankruptcy, only to bounce back later to greater success. For many, the process is an opportunity to gain insight into debt management strategies and plan for the future. In fact, some famous Tennessee figures are...
At Jimmy E. McElroy & Associates, we are proud of the work we do — and we like to think of it as more than just helping people file for bankruptcy. Just like our clients, we are members of the community we serve. Our primary goal is to help our Tennessee neighbors...
Many people who file Chapter 13 bankruptcy fear they will not be able to successfully apply for a loan, or that they will only find lenders that require such high fees that it is not feasible to apply for financing. So when bankruptcy filers find a Tennessee lender...