Last updated 5 days ago
Filing for bankruptcy can be stressful and confusing. Having an experienced lawyer to help you decide between Ch. 7 bankruptcy and Ch. 13 bankruptcy may be useful. Call Trammell Law Firm to speak with a bankruptcy attorney in Nashville. Call (615) 338-7500 to schedule your free consultation.
- Learn how bankruptcy works with this overview from HowStuffWorks.com.
- Did you know that filing for bankruptcy may actually improve your credit? Check out this article from SmartMoney.com for more information.
- Which debts are discharged using Chapter 7 bankruptcy? Find out with this article from USCourts.gov.
Last updated 6 days ago
Making the decision to file for bankruptcy is not an easy task, and may actually increase your financial hardships if not handled appropriately. Fortunately, a bankruptcy lawyer can provide assistance during the process and help you determine if filing for bankruptcy is in your best interest. Before you set up an initial consultation, educate yourself with these tips for meeting with your bankruptcy attorney.
- Gather All of Your Documents
Before you even meet with your bankruptcy attorney, it is important to gather all pertinent documents, including copies of any and all loan documents, title policies, insurance policies, promissory notes, mortgages, and notices of default. It is also important to bring information showing any payments that you have made, including bank statements, canceled checks, and order receipts. You may also want to bring copies of any correspondence you have received from creditors.
The next step before meeting with your bankruptcy attorney is to create a set of questions you’ll want to ask during your consultation. This may include questions regarding their licensure, experience, number of handled cases, and what they will charge you for their services. You may also consider asking them how long they anticipate the process to last and how you can keep in contact with them during the bankruptcy proceedings.
You’ll want to be as upfront as possible when actually meeting with your bankruptcy attorney, as this will help your attorney determine which chapter of bankruptcy is best for your financial needs. Even if you do not end up working with the first attorney you meet, all attorneys uphold attorney-client privileges meaning that the information you provide is confidential.
For high-quality representation by a Nashville Chapter 7 bankruptcy lawyer, call the Trammell Law Firm at (877) 834-5209. You can also visit our website for more information on our services.
Last updated 12 days ago
Chapter 7 and Chapter 13 bankruptcies are the most common forms of bankruptcy filed by individual debtors. Each form of bankruptcy is designed to meet specific needs.
In this video, we take a closer look at how Chapter 13 bankruptcy works. Also known as wage-earner bankruptcy, Chapter 13 bankruptcy is designed for those with a steady income who can pay some or all of their debts under a court-approved payment plan. Unlike Chapter 7 bankruptcy, Chapter 13 does not require that any of your assets be liquidated to satisfy your debts. Learn more about how Chapter 13 bankruptcy works in this full clip.
The Trammell Law Firm in Tennessee specializes in Chapter 7 bankruptcy, Chapter 13 bankruptcy, repossessions, and foreclosures. Call our bankruptcy lawyers at (877) 834-5209 or visit our website to learn more about our services.
Last updated 13 days ago
Debt collectors often contact individuals who fall behind on their bills via phone, mail, or in person—and while collectors do have a certain amount of freedom, they are still required by law to adhere to the Fair Debt Collection Practices Act. Educate yourself on your consumer rights provided by the Fair Debt Collection Practices Act before dealing with any debt collectors.
The Fair Debt Collection Practices Act, or FDCPA, was created by Congress in response to the growing use of deceptive, unfair, and abusive debt collection practices by many debt collectors. These abusive collection practices demonstrated an increase in the number of personal bankruptcies filed and also contributed to numerous cases of marital instability, job loss, and the invasions of individual privacy. By creating a list of guidelines, the FDCPA regulates the actions of collection agencies seeking to collect legitimate debts from consumers.
The FDCPA helps to protect consumers by making a number of practices off limits for creditors. Using threats of violence or harm, obscene language, or publishing a list of names of those individuals who refuse to pay their debts is considered harassment, is illegal.
The FDCPA also forbids debt collectors from providing false credit information, using a false company name, or stating that they will seize or garnish your wages unless they intend to do so. In addition, debt collectors may not try to collect interest fees or any other charges on top of the amount you already owe unless the contract that created your debt allows for the additional charges.
Are debt collectors constantly harassing you about unpaid debts? Get the legal representation you deserve and put an end to collection calls by contacting our bankruptcy lawyers with the Trammell Law Firm at (877) 834-5209.
Last updated 19 days ago
Are you considering filing for bankruptcy? How are you protected by the Fair Debt Collection Practices Act? Learn more about how to meet with a bankruptcy attorney, how your credit is affected by bankruptcy, and ways your creditors can contact you with these great resources.
- Explore this article from BankRate.com for tips on what to look for in a bankruptcy lawyer.
- What makes Chapter 13 bankruptcy different from Chapter 7? Learn more with this article from the United States Courts.
- Visit this link from FTC.gov for an in-depth overview on the Fair Debt Collection Practices Act.
- Check out this article from HowStuffworks.com to learn how you are protected through the FDCPA.
For more information on our legal services, call the Trammell Law Firm at (877) 834-5209 today.
