Chapter 13 bankruptcy offers a viable solution for individuals in Memphis, Tennessee, who are struggling with overwhelming debt. This form of bankruptcy allows debtors to reorganize their financial obligations, making it possible to keep their assets while catching up on missed payments. Hurst Law Firm, P.A. provides the guidance you need to navigate through this challenging time. What is…
In the past year, United States federal courts reported more than 479,000 Chapter 7 bankruptcy cases filed, and over 277,000 Chapter 13 cases filed. While Chapter 7 is the most commonly filed type of consumer bankruptcy, it is not the right choice for everyone. There are many different factors that should be considered when deciding which type of bankruptcy…
While Chapter 7 bankruptcy is the most common type in the United States, thousands of people benefit from Chapter 13 filings each year. Chapter 13 is a different – and longer – process, though it can still provide valuable debt relief for many households. Below are some common questions about this type of bankruptcy, and to learn more, call…
