CHAPTER 7 BANKRUPTCY ATTORNEYS IN NASHVILLE, TENNESSEE

CHAPTER 7 

The entire process of filing a Chapter 7 case, from the signing to the discharge, can be completed in a few months’ time. With the fresh start, you will be able to stop worrying about overdue medical bills, credit card bills or past due notices. You also have the choice to reaffirm or to surrender loans on secured debt. Secured debts include, but are not limited to, car loans or mortgages. These are the types of loans that you may decide to keep. Continuing to pay your car loan might allow you to keep the vehicle. Another option is to voluntarily surrender the property and find a car that may fit your new budget better.

If you are struggling with any of the following, Chapter 07 bankruptcy might be a good option for you:

-Car repossession

-Medical bills/debt

-Judgement against you

-Garnishment of wages

-Payday loans piling up

                At Coles & Holton we take the time to explain the benefits of filing a Chapter 7 versus Chapter 13 bankruptcy. We are not intimidated by your questions, we strive for each client that walks through our door to have a better understanding of the options available. We will not judge you, but will treat you with the respect you deserve.

                As soon as the bankruptcy case is filed, you will no longer have to answer harassing calls from your creditors. You immediately have the protection of the court, which is called an automatic stay. It stops creditors from being able to take further actions to collect debts, file lawsuits, or sanction garnishments from your bank account.

                Once filing Chapter 7 is complete there is only one meeting you will have to attend. This meeting is called the Meeting of Creditors or the 341 Meeting. In this meeting you will convene with the trustee and your attorney to answer a few questions. Rarely are there any other meetings or court appearances that you must attend.

                We understand that if you are filing for bankruptcy, you may not be able to come up with all of the attorney’s fees at one time. This is why we feel it is important to try to accommodate each client in their own individualized payment plan. We organize a post-filing payment arrangement by splitting the fees between pre-filing and post-filing services and thereby reduce the up-front payment required and complete payment of fees in installments after the petition is filed. 

Contact us today for a free consultation!