Nashville Bankruptcy Attorneys Backed by More Than 40 Years of Experience
Honest advice and strong bankruptcy representation get you back on your feet
In recent years, U.S. citizens of all income levels have been hit by tough economic times. Tennessee citizens are no stranger to financial troubles, and many have relied on The Nevin Law Firm to help them through. Our Nashville, TN, bankruptcy practice is robust, and our firm’s approach to these legal issues relies on a mix of tried-and-true experience and new, innovative litigation strategies. With The Nevin Law Firm, you can trust us to listen to your needs, understand your goals, and walk you through the process and into your fresh start.
What is bankruptcy?
Bankruptcy is the framework of laws and regulations that provide relief to citizens and business owners who are struggling to stay afloat of their debt. Bankruptcy laws are complex and provide for a variety of remedies, depending on one’s circumstances and level of debt. Declaring bankruptcy is not a decision to make lightly, but the process can provide you with the ability to start fresh and free from debilitating debt. There are many kinds of bankruptcy, but three of the most common types are Chapter 7 bankruptcy, Chapter 11 bankruptcy, and Chapter 13 bankruptcy. The Nevin Law Firm caters to individuals and small-business owners, and our experience handling these types of bankruptcy cases is notable.
Understanding the advantages and disadvantages of declaring bankruptcy
It is important that you fully understand the implications of declaring bankruptcy. Pursuing bankruptcy has the advantage of either discharging many of your debts or reducing your overall debt load, by working with creditors on mutually agreeable repayment plans. Filing for bankruptcy does impact your credit and ability to get future loans, which is something to consider as we talk through your options.
Can I keep my house and car?
There are different chapters of the Bankruptcy Code which treat individual and business property differently. There are, however, certain exemptions provided under Tennessee state law that allow you to keep certain property, which may include your house and automobile. There are usually dollar values that accompany these exemptions, and our Nashville bankruptcy attorneys can help you explore your options and find the course of action best positioned to protect your property.
Counseling you through options, consequences, and life after bankruptcy
It is important to understand that filing bankruptcy does impact your credit. In the years immediately following your bankruptcy, you may encounter difficulty securing financing or loans with lower interest rates. Additionally, it may take time before you can begin repopulating credit cards. But you can rebuild your credit. Our firm does not take bankruptcy lightly, and we promise all clients that we walk through your options and alternatives before recommending that you declare bankruptcy. For some individuals and businesses, the benefits to filing bankruptcy and relieving a crushing debt load make declaring bankruptcy worthwhile. There is life after bankruptcy, and you can trust us to counsel you through any issues you may encounter.
contact our Nashville bankruptcy attorneys today for compassionate guidance
If you are overwhelmed by debt
If you and your family are being crushed by debt or you are the owners of a small business struggling to keep afloat, it is important to contact The Nevin Law Firm to explore your options before your debt significantly worsens. Our attorneys have freed many people from debt and we can help you too. We are centrally located in downtown Nashville, across from the Old Historic Courthouse and close to the MTA Music City Central bus terminal. Call us at (615) 244-7708 and ask about our payment options.