Can You Choose Between Chapter 7 and Chapter 13 Bankruptcy? The two types of personal bankruptcy each come with their own qualifications and benefits. Before you choose between Chapter 7 and Chapter 13 bankruptcy, you’ll want to speak with a qualified Memphis bankruptcy lawyer first. At my firm, we often meet people who feel strongly about one chapter of bankruptcy. But if you try to file for the wrong one, you might not actually qualify. You run the risk of having your case dismissed or losing assets you wanted to keep. If you feel confident about which you prefer, we’ll talk with you about how to make it happen. But sometimes you’ll be surprised which chapter you actually need. It can depend
You can or can’t discharge your tax in a bankruptcy, it depends By: Darrell Castle If you’re considering filing for bankruptcy, call (901) 327-2100 to schedule a free consultation with an experienced bankruptcy attorney, or fill out one of the contact forms on this page. Video Transcript Can you discharge your tax debts in bankruptcy? Hi, I’m Darrell Castle and I’m an attorney licensed to practice law in the state of Tennessee and the answer to that question is YES and NO, depending on your situation, like most questions. If you want to ask a lawyer, it depends. It depends on whether it truly is income tax and whether you filed your income tax returns on time. And whether
Filing Bankruptcy as an Incarcerated Person Our bankruptcy lawyers in Memphis, TN, know there are a few situations in which someone might want to file bankruptcy from prison. Fortunately, you do have options. Here are some scenarios and what to expect. 1. A person in prison and their spouse have joint debts they want to deal with. In this case, it might make sense to file bankruptcy, and it can usually be done. Your attorney would have to file a motion to excuse appearance, which just allows the prisoner to miss the court appearance as long as his or her spouse can still appear in court. In this situation, the prisoner’s spouse should contact a bankruptcy lawyer to get started.
By: Darrell Castle You can keep your utilities from being shut off by filing for bankruptcy. It’s pretty easy sometimes for money to get tight. You may get sick and have to take time off work. You may have a car emergency that you didn’t save money for. Any number of things can happen that cause you to pinch pennies. And often times when people begin to pinch pennies, they miss a payment on a bill here and there. Falling behind on your utility bill has some uncomfortable consequences though. You don’t want to be caught in a Memphis winter with no heat or a Memphis summer with no air conditioning. And of course, you need your electricity and water
By: Darrell Castle Video Transcript Hi, I’m Darrell Castle and I’m an attorney licensed to practice law in the state of Tennessee. And the answer is YES, absolutely you can finance a car after you’ve done a Chapter 7. Here’s how you go about it. When you file a Chapter 7 bankruptcy, it’s going to take about three to four months to be completely finished. But about 30 days after you file, you’re going to have a meeting. And that’s called a “341 meeting.” It’s a very brief meeting in court that’s conducted by a trustee. And after that meeting, what you should do is start looking for a lender. You should start trying to set the whole thing up
After you’ve been discharged from your bankruptcy, whether it be Chapter 7 or 13, you have the freedom to make your own financial choices and purchases. This includes getting a credit card. Though some companies may deny you a credit card based on a low credit score, there are other credit card companies that will accept customers with low to zero credit. Some credit cards are even designed to help you rebuild your credit, and we’ll talk about that in a second. Based on our client feedback however, we find that resisting the many credit card offers you may receive is the difficult part as most are unfavorable to you. Getting a credit card after a bankruptcy has certain
Nursing homes can be a blessing: independence for mom or dad, a feeling of community, and excellent care provided by a hard-working staff. Or it can be a nightmare: neglect, inhumane conditions, and abuse. No one would ever wish this upon a loved one, and nursing home abuse is an extremely serious matter that should be handled by an experienced Memphis nursing home abuse lawyer. But how can we prevent these conditions? Here are 5 ways to encourage quality care at your loved one’s nursing home. Has a loved one been the victim of nursing home abuse? Don’t stand for it. Call us today. 1. Research First Thanks to the internet, we are connected with hundreds, thousands, even millions of
As a Memphis truck accident lawyer, I can tell you truck accidents are one of the most complicated types of personal injury cases in existence. And just this week, two examples showed how many issues can arise and how specific each situation really is: 7,000 Gallons of Milk: On Saturday in New York state, a tanker truck carrying 7,000 gallons of milk swerved to miss a sedan that ran a stop sign. The vehicles crashed anyway, and the truck flipped, hit a telephone pole, and caught on fire. The truck driver was taken to the hospital in stable condition. Potential damages may include: Medical bills (x2) Tanker truck replacement Sedan repairs/replacement Lost cargo City property, including telephone pole Pain and suffering (x2) Loss of wages/time
What to Do When Your Employer’s Losses Hurt Your Own Finances Every day, companies go under. From small, family-owned businesses to large corporations, the effects trickle down to everyone involved. Bearing the Weight of Corporate Cutbacks For example, a friend of mine works for a struggling medium-sized company. She recently received a notice from her employer that all life insurance benefits were being cut. They didn’t mean to hurt their employees; they were trying to cut back on something other than pensions. But that doesn’t make the news any easier, and it makes everyone nervous. For the people working further down the ladder, corporate losses can feel like they come out of nowhere. Suddenly workers can lose their retirements, health benefits, and ultimately, their
On Sunday, a 10-yr-old boy died while on the Verrückt water slide at the Schlitterbahn Water Park in Kansas City, KS. The Kansas City Star reported soon after that the child was the son of State Rep. Scott Schwab and his wife Michele. It was “elected officials day” at the park, and Rep. Schwab’s son was among many others enjoying the slide, which is the tallest water slide in the world. The park has closed temporarily, but the slide will stay closed indefinitely. Kansas law requires approval from inspectors before a ride can be reopened after a serious injury. The park’s representatives join in the public’s shock. As of now, no one seems sure of what happened or what caused the accident. So what can we do after an