Bankruptcy Questions? Get Answers From Experienced Nashville Bankruptcy Lawyers.
Filing for bankruptcy can be overwhelming and scary. It’s a good idea to ask questions regarding your options and rights before deciding to file for bankruptcy. At Flexer Law, you can meet with an experienced bankruptcy attorney in Nashville, Murfreesboro, or Columbia to get all of your questions answered before you file. The initial consultation is free and can help you determine if filing for bankruptcy is the right decision for you.
Types of Bankruptcy: Which One Is Right For You?
The two Chapters of consumer bankruptcy are Chapter 7 and Chapter 13.
Chapter 7 Bankruptcy
Chapter 7 bankruptcy allows consumers to get a “fresh start” by wiping out many unsecured debts. This includes credit card debt, medical bills, payday loans, and more. Chapter 7 is known as “liquidation.” From the moment you file Chapter 7, your creditors must leave you alone. This includes garnishments, phone calls, letters, and lawsuits. These actions must stop immediately. The Chapter 7 process normally takes 4 or 5 months from start to finish, and typically requires just one court appearance. Learn more about taxes and Chapter 7 bankruptcy.
Chapter 13 Bankruptcy
Chapter 13 bankruptcy reorganizes your debt into affordable payments, rather than the rates set by your creditors. Typically, Chapter 13 allows you to keep your home, vehicle, and other possessions, even if you’re facing the threat of foreclosure or repossession. If you’re behind on your home or vehicle payment(s), Chapter 13 can be a good option to stop any collection activity, foreclosure, or repossession. This allows to keep your property, repaying the amount you are behind as well as the ongoing payments at an affordable rate. Learn how to keep your car during Chapter 13 bankruptcy.
Should I File Chapter 7 or Chapter 13?
Call and schedule a free consultation today with one of our experienced bankruptcy lawyers to find out which Chapter is right for you. The attorney you work with will have the knowledge and experience to explain the benefits and potential disadvantages of filing for Chapter 7 or Chapter 13 based on your unique situation.
If you decide to file for bankruptcy, our role is to make the process as low-stress as possible. We will assist you in filling out all of the paperwork, appear in court with you, and remind you of all of the deadlines in your case. And our friendly staff is always here to answer any questions you may have – we’re just a phone call away.
Experience Matters: Top Bankruptcy Law Firm In Middle Tennessee
According to the federal government’s Public Access to Court Electronic Records (PACER) system, Flexer Law consistently files more bankruptcy petitions than any other law firm in the Middle District of Tennessee. In fact, we have filed more than 30,000 bankruptcy cases, helping many others in your situation. We are ready to help you!
Payment Plans Available
Times are tough and many people may be worried about how they will pay attorney fees. We will work with you to make payment arrangements. For example, we handle many Chapter 13 bankruptcy cases with no money down, and you pay your court costs and attorney fees through your Chapter 13 plan. Your first consultation with an attorney is always free.