Resolving Your Debts Through Bankruptcy

Debt relief is a serious challenge for people unable to pay their debts because of:

  • A divorce or death in the family
  • A business loss or downturn
  • A job loss or demotion
  • A medical crisis or just the accumulation of medical expenses
  • A natural disaster
  • Overextension of credit by credit card companies or overuse of credit that has snowballed

From law offices in Bartlett, The Childress Firm, PLLC, assists clients from the Memphis area, Shelby County and beyond who are struggling with overwhelming debt. We are committed to helping our clients find the debt relief they need so that they can move forward after a time of financial distress.

Bankruptcy May Offer A Fresh Start — The Debt Relief You Need

Bankruptcy can allow you to get a fresh start and get out from under overwhelming debt. It may be the right solution for your debts if you:

  • Receive harassing phone calls from collectors
  • Cannot pay your credit card debt, medical debt or other loans
  • Are at risk of losing your home to foreclosure
  • Are facing repossession of a car, truck or other property

When you file for bankruptcy, an automatic stay is placed on all of your debts. This means that creditors and collectors cannot harass you for payment during your bankruptcy. Instead, they must go through the courts. This stay can also put a temporary stop to foreclosure, repossession and other collection efforts.

This is just one benefit of the bankruptcy process. We at The Childress Firm, PLLC, in Memphis can explain to you how a Chapter 7 or Chapter 13 bankruptcy can help you resolve your debt issues. Ultimately, your bankruptcy should result in manageable repayment and/or discharge of debts. We can help you determine if bankruptcy is right for you and if so, which type of bankruptcy is appropriate for your unique circumstances.

Note: Some types of debt such as student loans, child support and back taxes (in most cases) cannot be discharged through bankruptcy. If you owe on debts such as these, do not let that stop you from seeking relief. A Chapter 13 bankruptcy and other strategies can help you work around these debts while pursuing relief from consumer debt and medical bills.

Filing For Bankruptcy Doesn't Have To Be Scary If It Is Right For You

Everyone's situation is different and the type of bankruptcy that is right for you will depend on your situation. Speak with a lawyer at our Tennessee firm in a free initial consultation about your debt problems — including how to rebuild credit when your bankruptcy is complete. Call an attorney at our office at 901-318-3719 or email our firm to set up an appointment.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.