Bankruptcy of Memphis

If you are struggling with the burden of unmanageable debt, bankruptcy may be the answer for you. Bankruptcy has allowed millions of people to obtain critical debt relief. Bankruptcy may allow you to: Eliminate or significantly reduce your debts Stop creditor harassment Stop wage garnishment Stop home foreclosure Stop auto repossession Obtain other debt relief Get the fresh start you have been seeking. Contact me, attorney Steven F. Bilsky . I have been practicing in bankruptcy law for more than 30 years. I have helped thousands of clients obtain debt relief. I practice exclusively in bankruptcy law to provide each of my clients with highly skilled and knowledgeable representation. My Bankruptcy Services I represent clients in both Chapter 7 and Chapter 13 bankruptcy: Chapter 7 bankruptcy : With a Chapter 7 bankruptcy, you may be able to discharge most forms of debt, including credit card debts, medical bills and other consumer debts. Chapter 13 bankruptcy : With a ...

Memphis, Tennessee, Law Firm My Commitment To You I am attorney Steven F. Bilsky , and I am committed to making a positive difference in the lives of my clients. As a lawyer practicing exclusively in bankruptcy law, I work daily on behalf of clients who are often facing some of the most difficult times of their lives. I understand that the work I do often has a significant impact on the lives of my clients and their families. When I chose to take a case, I do so with an understanding of what is at stake and with a deep sense of commitment to the client I serve. My Experience And Commitment To Client Service I am proud to offer the experience and expertise that you might expect to find only at a large law firm while still offering the highly personalized, accessible and responsive representation you would expect to receive from a solo practitioner. I work closely with my clients to understand their debt problems and create debt relief plans that are tailored to meet their nee...

Memphis Light Gas and Water bills are often the reason that people file either Chapter 7 bankruptcy  or Chapter 13 bankruptcy .  If you decide to have your utility services reconnected by filing either type of bankruptcy , MLG & W will close out your old account, and start a new one.  However, they will charge a reconnect deposit, which can be between $150 and $300, and add this to your new bill.  If you are currently in a bankruptcy and make a new bill after you have filed a case, MLG & W will not allow this bill to be added to your bankruptcy .  Also, if the utility bill has been incurred as a result of a “diversion” or stealing services, these charges cannot be paid through your Chapter 13 bankruptcy  plan, and MLG & W will fight the ability to discharge these bills.  You will need to contact a customer service representative at MLG & W to set up arrangements to pay these charges.

If your car has been repossessed , and has not been sold at auction, it is possible to get the car returned by the filing of a Chapter 13 bankruptcy .  This process can take up to two weeks, but most reputable finance companies will return the vehicle within a few days after the filing.  They sometimes want their expenses, such as  car repossession fees and storage fees, paid in order to get the vehicle returned.  However, many will return the car once they have received the notice of the filing of a bankruptcy , and will add the expenses to their claim with the Court.  Quite often, your monthly payment  and interest rates can be reduced by the filing of a Chapter 13 bankruptcy .  If you do not want your car returned, you can eliminate any balance that you owe by the filing of a Chapter 7 bankruptcy  case, and also wipe out other debt.

One of the biggest burdens on individuals filing either Chapter 7 bankruptcy  or Chapter 13 bankruptcy are student loans .  Section 532(a)(8) of the bankruptcy code governs a debtor’s discharge of student loan debt .  The law presumes that such debts are not dischargeable.  There is a very narrow exception if a debtor is able to show that the repayment of the student loan will cause an “undue hardship” on the debtor.  The cases that have been decided By the Courts make it extremely difficult to prove the “undue hardship”, and very few loans are discharged.  There has been some limited exceptions allowed, but very few.  There is discussion that the one of the planks of platform being proposed by the Democrats for this election is some type of relief for burdensome student loans, and hope that the Republicans at least consider a similar plank in their platform.   Student loans cause great difficulties for many young people trying to get start...

The Consumer Financial Protection Bureau , a branch of the federal government, proposed a massive overhaul of the debt collection industry .   If you have debt that you cannot pay, you have been contacted many times by bill collectors, and at all times of the day and night.  Quite often, this forces people into filing either Chapter 7 bankruptcy or Chapter 13 bankruptcy .  Debtors complain to state and federal agencies about unfair or deceptive practices by collection agencies.  The new proposed rules would make debt collectors go through extra steps to prove that a debt is valid before beginning collections.  The debt collectors would be limited to no more than six communication attempts per week, and the hours of approved contact would be more limited.  If a consumer disputes the debt’s validity, the proposals would require the collectors to provide clear and easy way for the consumer to challenge the debt.  Some consumer groups do not think ...

  The Obama Administration has proposed new guidelines that would stop robocalls demanding immediate payment for student loans.  Student loans are a major factors that force people into having to file either Chapter 7 bankruptcy or Chapter 13 bankruptcy .  Although student loans are not dischargeable in bankruptcy , the pressure it puts on a debtor can cause problems with other debts, often making it necessary to file a bankruptcy .  The new proposed guidelines would force student loan collectors from just collecting student loan debt , and would direct the collectors to inform delinquent borrowers of their eligibility for income based repayment plans before demanding they make payments.  It would also require student loan companies to make vigorous efforts to contact borrowers at risk of default and walk them through their options.  The student loan companies would have to form specialized customer service representatives to handle struggling borrowers wh...

Memphis Medical debt is quite often a factor in the need to seek debt relief by filing either Chapter 7 or Chapter 13 bankruptcy . No matter how much you plan and budget, an unforeseen medical issue can interrupt your ability to earn a living, and leave you with  medical debt  that you cannot pay. When you have children, you never know when they will get sick, break a bone, or have some sport injury. It is always a good idea to take advantage of any health care insurance provided through your job. If health insurance is not provided, there are insurance options through the “Obamacare” plans that you should look into for coverage. However, if the bills are too large, and you find that you have been sued and garnishments are being placed against your paycheck, it does not hurt to see if you can get relief through filing either a Chapter7 bankruptcy  case to get rid of this debt, or a Chapter 13 bankruptcy  case to help consolidate your bills, stop the garnishment, a...

The credit card debt in the United States is predicted to reach One Trillion Dollars this year.  It is very tempting to use credit cards to pay for things that are not really necessary.  Sometimes, we use credit cards for food or gas, which are necessary, but the high interest rates continue to increase the monthly balance, and the monthly payments become more than can be paid.  If your credit card debt gets out of hand, and you are facing law suits and judgments which will result in a garnishment on your paycheck, you may want to consider filing for either a Chapter 7 bankruptcy or Chapter 13 bankruptcy.    Chapter 7 bankruptcy can eliminate debt altogether, and Chapter 13 bankruptcy can help make payments more affordable, and stop the interest from building on your accounts.  Although filing bankruptcy will probably result in losing the credit card, it is a better idea to pay for things in cash.  Also, it is always a g...

Memphis Bankruptcy Attorney Get A Fresh Start Dealing with the constant stress and anxiety of debt can make life difficult. Collection calls, unmanageable debt, wage garnishments and threats of home foreclosure can make anyone lose sleep. If you facing significant debt problems, bankruptcy may provide the relief you are seeking. Bankruptcy has allowed millions of people to obtain debt relief and get a fresh start. I Can Help I am attorney Steven F. Bilsky . I have more than 30 years of experience in bankruptcy law . I have helped thousands of clients obtain debt relief. I practice exclusively in bankruptcy law to provide each of my clients with sound advice and knowledgeable representation. If you need to speak with an experienced bankruptcy lawyer , I am pleased to offer a free consultation. To schedule your consultation, contact my law office in Memphis, Tennessee. Legal Services Tailored To Meet Your Needs I understand that each of my clients is facing a unique deb...