Unfortunately, financial stress can place a massive burden on your shoulders, strain relationships with your loved ones, and put your assets at risk. When inundated with calls and letters from collectors, you may feel trapped. It can be hard to ask for help. However, it’s necessary to ask for assistance to navigate these challenging times, as it ensures you can start fresh and move on with your life. Contact a Lakeland bankruptcy lawyer from the Arnold Law Firm today.
At the Arnold Law Firm, we understand that life happens. Emergencies pop up, leaving you in debt within a matter of days. You need a competent Lakeland, TN bankruptcy lawyer on your side, No matter what type of debt you’ve incurred, we can help. Our goal is to help clients in Lakeland and all around Tennessee understand their options to find the best relief choice for their specific needs.
Whether you own a business or have incurred personal debt, we can help. At the Arnold Law Firm, we have plenty of experience with all forms of bankruptcy, ensuring you can choose the best option for your needs. The consumer-based issues we handle include:
We also understand that your business is your passion. Guaranteeing you can keep yourself in business is vital. We offer the following services for businesses:
Bankruptcy is a lengthy process, so understanding what’s involved can help better prepare you. After you reach out and discuss the details of your case, you’ll attend mandatory credit counseling sessions while we’ll begin getting your report ready to file. To declare bankruptcy, you must file a petition with the court. Depending on what type of bankruptcy you file, you will go through liquidation or repayment. This process lasts around 45 days.
Once you’ve completed the liquidation or repayment process, you must complete an educational course for debtors. Once this is completed, all eligible debts will be discharged from your record.
Remember, filing bankruptcy doesn’t mean you’re wrong or guilty – it’s a part of finances. If you think bankruptcy is the right choice for you, don’t wait to reach out. The Arnold Law Firm can help you navigate the process of bankruptcy until you can determine which options are best for you.
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