Every difficult situation has options. Regardless of what your financial situation may be, there’s an answer. Acting sooner rather than later is ideal when you recognize that your debt is steadily growing. Contacting our Hamilton County, Chattanooga bankruptcy law firm will help get you back on your feet.

Our experienced, knowledgeable attorneys understand bankruptcy law and the various options at your disposal under the law. We will thoroughly explain the process and assess whether or not bankruptcy may be right for you thereby dismissing the inaccuracies relating to bankruptcy. Our bankruptcy attorneys will be able to clear up any lingering misconceptions and explain exactly how bankruptcy can shape your life. Further, while determining if you qualify for bankruptcy, we will spell out the benefits and conceivable problems, plus we can help you reestablish your ability to pay off your debts even in a distressed economy of today.

Filing for bankruptcy does not mean your financial future is destroyed. Bankruptcy is a way to give struggling individuals a fresh start by eradicating their debt and getting their lives back on track. Most notably, we will show you ways to manage your finances so you can avoid falling victim to your debts and filing for bankruptcy again. Key areas where we will be able to help you include helping you understand your current financial situation by informing you of all the bankruptcy and tax laws that apply to you, suggesting ways to help you repair your credit rating and teaching you how to adjust your spending to keep out of debt again.

Contact our Chattanooga Bankruptcy Attorneys

We will help you understand your options at Chattanooga Bankruptcy Specialists. Our services range from debt consolidation to representing your interests in bankruptcy court – and everything in between. Our experienced lawyers will guide you during this difficult time to help you make the best choices possible given your circumstances. We will show you what legal options you have to shield you from harassing creditors and inform you about all the benefits and drawbacks of each option you may want to consider.

Bankruptcy laws were established to give individuals a clean slate who are no longer in the position to maintain their bills or creditors. An individual is able to either liquidate their assets or enter into a court-ordered repayment plan when filing for bankruptcy. There are also bankruptcy laws to help businesses in trouble. These laws establish a reorganization plan to make distributions to creditors or businesses also have the option of liquidation of their entire business or their assets. The majority of bankruptcy cases are filed under the three main chapters of the standard Bankruptcy Code – Chapter 7, Chapter 11, and Chapter 13 bankruptcy. There are other chapters such as Chapter 9, Chapter 12 and Chapter 15 as well which depends on the individual or institution that is seeking to file. Federal courts have exclusive jurisdiction over bankruptcy cases. This means that you cannot file your bankruptcy in state court. You must become very familiar with federal court because it can be quite different than state court which is what most people are familiar with. Federal rules of procedure vary from state rules of procedure – in some ways drastically. We are very experienced with all aspects of federal court and we will be able to help you in the best and most cost-efficient way possible.

Let us assist you in making the best decisions possible regarding possibly filing for bankruptcy at the Chattanooga Bankruptcy Specialists. Call us today for a free consultation and start the process of getting your life back on track.