In the heart of Memphis, financial challenges are a reality for many. Whether due to unexpected medical bills, job loss, or overwhelming debt, the path towards financial stability can seem daunting. However, there’s a beacon of hope for those feeling entrapped by their financial circumstances. At Hurst Law Firm, P.A., we specialize in providing compassionate and comprehensive legal assistance to…
Unexpected medical expenses can create significant financial strain. Even if your insurance covered some of your bills, you may be facing substantial hospital or doctor’s bills and have no idea how to pay them back. Thankfully, bankruptcy may be able to help you eliminate your medical debt and provide you with a fresh financial start. Bankruptcy is not right…
There are many people who struggle with credit card debt throughout their lives. Credit cards can seem like a godsend when you need to cover expenses or want to make a purchase, and you do not have the cash. However, credit card balances add up quickly, and they can take a long time to pay off. The COVID-19 pandemic…
If you are struggling to keep up with your bills, you may be wondering whether bankruptcy can help. While every situation is different, bankruptcy can often eliminate debts and provide a fresh financial start. In fact, many people find that their lives improve immediately after filing bankruptcy and wish they had filed sooner. How Does Bankruptcy Work? Chapter 7…
Chapter 7 bankruptcy benefits many people by erasing much of their debt. However, the bankruptcy process requires debtors to give up non-exempt property for the bankruptcy trustee to liquidate to pay priority creditors. Many consumers hesitate to file a Chapter 7 case because they worry that they will lose all their property as a result of their case. It…
In the weeks and months leading up to a bankruptcy filing, you might be dodging collector communications, fearing legal judgments or foreclosure, dealing with the financial constraints of wage garnishments, and more. This can be highly stressful, though you should know that bankruptcy provides almost immediate relief from the above concerns. When you file for Chapter 7 or Chapter…
Bankruptcy helps hundreds of thousands of people each year in the United States. However, there are many misconceptions about the bankruptcy process that might confuse people who might consider bankruptcy. The following are some common bankruptcy myths. You will lose everything you have. Chapter 7 bankruptcy – the most common kind – does require filers to relinquish nonexempt property…
If you are heading into the holidays with overwhelming debt, the financial stress of the season can be too much to handle. Many people decide at this time to file for bankruptcy for debt relief – though should you file before or after the holidays get here? You should always discuss your specific situation with an experienced bankruptcy lawyer,…
When you file for Chapter 7 bankruptcy, you might have to give up certain property and assets in exchange for the discharge of your debts. Many of us rely on our personal cars to get us to work, take kids to school, and get to other obligations and activities. Losing a car in a bankruptcy case can cause many…
Many people assume that bankruptcy results from poor financial decisions. While this can be the case, there are many other reasons why people need financial relief, many of which are beyond their control. If you are struggling with debt, you should discuss your options with an experienced bankruptcy lawyer in Memphis. The following are only some examples of why…
