Memphis TN Bankruptcy Lawyer

Memphis TN Bankruptcy LawyerFiling for bankruptcy is a decision that you should not take lightly. You must understand the consequences of filing for bankruptcy and the impact it will have on your life. Consulting with a Memphis TN bankruptcy lawyer can help you to understand more about the process and decide whether or not it is the right choice for you.

What is a bankruptcy lawyer?

A Memphis TN bankruptcy lawyer is a lawyer who specializes in helping clients file for bankruptcy. Bankruptcy is a legal process where members of the public are able to declare that they are insolvent and unable to pay back any debts they owe. By declaring bankruptcy, debtors are able to have their debts forgiven. Darrell Castle & Associates helps their clients file the paperwork and navigate the court system to have their debts forgiven.

What can a bankruptcy lawyer do for me?

A bankruptcy lawyer can help you navigate the difficult process of filing for bankruptcy and avoid mistakes. The bankruptcy process itself can be quite complicated and you’ll need to fill out and file many forms, including ones on which errors could be very costly. A bankruptcy lawyer will also be familiar with any local court processes that might differ from the national guidelines.

What kinds of cases do bankruptcy lawyers handle?

Bankruptcy lawyers generally only handle cases in which an individual or business has declared they are insolvent and unable to pay back any debts they owe. Cases involving child support, alimony, taxes, and other types of debt are all typically not covered by bankruptcy law and a Memphis TN bankruptcy lawyer will be unable to help you with these cases.

How do I find a good bankruptcy lawyer?

Finding a good bankruptcy attorney can be difficult. If you’ve filed for bankruptcy before, you may wish to consult your previous attorney for advice on hiring another one now. Other than this, finding a good attorney depends on how much research you’re willing to do. You’ll want to hire an experienced attorney like Darrell Castle & Associates who has worked as a bankruptcy lawyer for multiple years, if not decades.

Do I Qualify For Bankruptcy?

Most people qualify for Chapter 7 or Chapter 13 relief under the U.S. Bankruptcy Code. There are some income requirements for Chapter 7 bankruptcy, but even if you don’t meet them, you may qualify for Chapter 13 relief instead. The best way to find out whether bankruptcy is right for you is to talk with an experienced Memphis TN bankruptcy lawyer about your specific situation.

Why should I hire a bankruptcy lawyer?

Many people try to file for bankruptcy on their own, especially if they have a simple case. While this may seem like a good idea in principle, it’s important to remember that even an easy case can become complicated very quickly. A single error in your paperwork could cause your entire filing to be rejected, which would mean starting over from scratch and paying additional fees besides. Also, you’ll need to fill out many complex forms correctly the first time — if you make any mistakes, it’s likely that your filing will be rejected, regardless of how minor the mistake is. Hiring Darrell Castle & Associates ensures that your paperwork will be filed correctly from the start.