Bankruptcy of Memphis

CHAPTER 7 BANKRUPTCY Are You Eligible for Debt Elimination? Chapter 7 bankruptcy is a relatively straightforward way of getting rid of debts you cannot afford to pay. If you are eligible for Chapter 7 bankruptcy, it may be possible to get your credit card balances, medical bills and other debts eliminated within a matter of a few months. I’m Steven Bilsky, a Memphis-based attorney who has been helping clients in Tennessee achieve debt relief through bankruptcy for more than 30 years. To learn more about your Chapter 7 bankruptcy options,  contact me  today to schedule a free consultation. Make a Fresh Start by Discharging Unsecured Debts Chapter 7 bankruptcy — also known as liquidation or straight bankruptcy — allows eligible debtors to completely eliminate certain types of unsecured debts. An unsecured debt is a debt that is not backed by a particular piece of property like a home, car or item of furniture. Credit cards and medical bills are the most...

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...