Bankruptcy of Memphis

Laid Off Due to the Coronavirus (COVID-19)? Bankruptcy Can Help . A financial plan for people impacted by coronavirus layoffs. Attorney at Law, Steven F. Bilsky, can provide Bankruptcy Protection during the Covid-19 pandemic. No one wants to file for bankruptcy . But if you’re one of the millions laid off because of the coronavirus outbreak, it might make sense—especially if you’re struggling with debt. Learn how a “last resort” bankruptcy plan can give you a sense of control during this unpredictable time and, if necessary, help get you back on your feet financially. Don’t know much about bankruptcy? Start by learning the basics of Chapter 7 and Chapter 13 . The Coronavirus Crisis: Financial Instability After a Layoff Losing your job due to a layoff means one crucial thing—there’s less money to pay the bills. No matter how much effort you put into turning down the thermostat or being forced to eat in, such measures rarely stop the pile of unpaid debt from accumulating. Fortunately, l...

Putting Your Debts on a Wage-Earner Plan If you have fallen behind on your debt payments, you could be facing some very serious consequences, including foreclosure and repossession. Chapter 13 bankruptcy , also known as a wage-earner plan, is one option that may allow you to catch up with your debts. I’m Steven Bilsky, a Memphis-based attorney with more than 30 years of Tennessee bankruptcy experience . If you are looking for a lawyer who will provide you personal guidance through the Chapter 13 bankruptcy process, don’t hesitate to  contact me  to set up a free consultation. Common-Sense Solutions to Everyday Problems Throughout Chapter 13 bankruptcy you will be able to pay your debts on a three- to five-year repayment plan without any interest or late fees. Chapter 13 bankruptcy is particularly useful for catching up with debts that cannot be eliminated in  Chapter 7 bankruptcy . Chapter 13 bankruptcy payment plans are frequently called wage-ear...

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, ...

Memphis Bankruptcy Experience That Makes A Difference I am attorney Steven F. Bilsky . I have more than 30 years of experience in bankruptcy law and have helped thousands of clients find solutions to debt problems. I practice exclusively in bankruptcy law to provide each of my clients with skilled and knowledgeable representation. While my clients retain my services to obtain debt relief , I also believe it is important to provide my clients with compassionate support and superior service. Sometimes, just knowing that you have an experienced and caring advocate on your side can make a world of difference. To learn more about my education, experience and credentials, visit my attorney profile below . Steven Frank Bilsky Contact A Memphis, Tennessee Bankruptcy Lawyer I serve clients throughout the Memphis metropolitan area. To schedule a free consultation with a Memphis debt relief lawyer, contact my law office at 901-525-6692. You may also contact my office by ...

Bankruptcy And Credit Scores Have you delayed filing for bankruptcy because you are afraid that it will damage your credit rating? You are not alone. Many individuals struggle with debt problems for months or years because they fear that their credit rating will be forever ruined. They wonder if they will ever be able to get another car loan or home loan. I am attorney Steven F. Bilsky , and I have been practicing in bankruptcy law for more than 30 years. I have helped thousands of my clients obtain debt relief by filing for bankruptcy . I understand that you may have many concerns about bankruptcy . The best way to explore your options is to consult with an experienced bankruptcy lawyer. I offer a free consultation to answer your questions and help you determine if bankruptcy is right for you. To schedule your consultation, contact my law office in Memphis, Tennessee. Bankruptcy And Credit Scores | Rebuilding Credit After Bankruptcy By the time that most people start to ...

Bankruptcy Terms Bankruptcy law is primarily federal law and varies little from state to state. The United States Constitution grants to Congress the power to establish uniform bankruptcy laws throughout the United States, which ensures uniformity in how bankruptcy proceedings are conducted, encourages interstate commerce, and promotes national economic security. The individual states do, however, retain jurisdiction over certain debtor-creditor issues that are not addressed by or do not conflict with federal bankruptcy law, such as which property remains exempt from creditors' claims. Bankruptcy law provides two basic forms of relief: (1) liquidation and (2) rehabilitation, also known as reorganization. Chapter 7 Liquidation . Most bankruptcies filed in the United States involve liquidation, which is governed by Chapter 7 of the Bankruptcy Code. In a Chapter 7 liquidation case, a bankruptcy trustee collects the debtor's nonexempt property and converts it into cash. The t...

Bankruptcy of Memphis serves clients throughout West Tennessee and the Memphis metropolitan area, including Shelby County, Fayette County, Tipton County, Lauderdale County, Dyer County, Hardeman, Memphis, Germantown, Bartlett, Collierville, Lakeland, Somerville, Oakland, Covington, Dyersburg, Arlington, Millington, Atoka, Brighton, Munford, Ripley and Bolivar.  I'm Steven Bilsky , a Memphis solo practice attorney with more than 30 years of experience helping clients make fresh starts by filing Chapter 7 Bankruptcy and Chapter 13 bankruptcy . To discuss whether bankruptcy is the right choice for you, contact me today to set up a free consultation. Learn More The Law Office of Steven F. Bilsky is a debt relief agency that helps people file for bankruptcy relief under the Bankruptcy Code . Contact Attorney Steven F. Bilsky Now!

Experience That Makes A Difference I am attorney Steven F. Bilsky . I have more than 30 years of experience in bankruptcy law and have helped thousands of clients find solutions to debt problems. I practice exclusively in bankruptcy law to provide each of my clients with skilled and knowledgeable representation. While my clients retain my services to obtain debt relief , I also believe it is important to provide my clients with compassionate support and superior service. Sometimes, just knowing that you have an experienced and caring advocate on your side can make a world of difference. To learn more about my education, experience and credentials, visit my attorney profile below. Steven Frank Bilsky Contact A Tennessee Bankruptcy Lawyer I serve clients throughout the Memphis metropolitan area. To schedule a free consultation with a Memphis debt relief lawyer , contact my law office at 901-236-0572 or 888-336-3691. You may also contact my office by email .   Th...

Chapter 13 Bankruptcy Putting Your Debts on a Wage-Earner Plan If you have fallen behind on your debt payments, you could be facing some very serious consequences, including foreclosure and repossession. Chapter 13 bankruptcy , also known as a wage-earner plan, is one option that may allow you to catch up with your debts. I'm Steven Bilsky , a Memphis-based attorney with more than 30 years of Tennessee bankruptcy experience. If you are looking for a lawyer who will provide you personal guidance through the Chapter 13 bankruptcy process, don't hesitate to contact me to set up a free consultation. Common-Sense Solutions to Everyday Problems Throughout Chapter 13 bankruptcy you will be able to pay your debts on a three- to five-year repayment plan without any interest or late fees. Chapter 13 bankruptcy is particularly useful for catching up with debts that cannot be eliminated in Chapter 7 bankruptcy . Chapter 13 bankruptcy payment plans are frequently called wage-...

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 debt pro...

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 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 ...