Chapter 7 Bankruptcy

West Tennessee Chapter 13 Bankruptcy Attorneys

People file bankruptcy for many different reasons. For families struggling make ends meet on a single salary because of a layoff, debt relief is critical. In other cases, people are overwhelmed with medical bills and other debts they could not prevent. Sometimes credit card spending just got out of control.

If you are earning an income but still can't cover your debts, Chapter 13 bankruptcy can offer a practical, realistic option for you. At Mueller & Ellis, PLC in Jackson, Tennessee, we offer skilled bankruptcy services to help individuals and families obtain the debt relief they need.

We can help you determine if Chapter 13 is right for you. Contact us today to discuss your debt relief options.

The benefits of a Chapter 13 bankruptcy

Once you file for Chapter 13 bankruptcy, you will benefit immediately. As soon as you file, a court order goes into place that immediately puts an end to all collection actions and stops creditor harassment:

• Stops repossessions
• Stops wage garnishments
• Temporarily stops foreclosure

· Stops any pending litigation from moving forward

• Gives you more time to repay your debts
• Minimizes your overall debt
• Helps you rebuild your credit

Chapter 13 bankruptcy is a valuable option for people who want to pay off their debts over time, who want to get a start on rebuilding their credit, or who don't qualify for Chapter 7 bankruptcy because they earn more than the median income in Tennessee for families of their size.

If you are interested in debt relief through Chapter 13, we can help connect you to a credit counseling program, which you must complete before you can file.

Debt reorganization through Chapter 13 bankruptcy

In a Chapter 13 bankruptcy, we work with the court to develop a three- to five-year repayment plan that is based on your ability to pay. Once your repayment plan is successfully completed, any remaining debts will be discharged.

Our firm's bankruptcy lawyers will help you put together a summary of all of your qualifying debts, your income, and your living expenses and develop a repayment plan for the bankruptcy trustee to review. Once the plan is approved, you begin making payments on the new schedule.

Our legal team will prepare and file all of the paperwork, represent you at any hearings and meetings with the bankruptcy trustee, and stay with you until your bankruptcy is complete.

Contact us today

The bankruptcy lawyers at Mueller & Ellis, PLC will remain in close contact with you throughout the process. For more information on our bankruptcy services, contact us