There are few things more important than financial stability. Unfortunately, many Americans find themselves in a significant amount of debt that they cannot pay off on their own. If you are in this situation, our Memphis, TN consumer bankruptcy lawyer is here to fight for your future and provide you with the solution you need to get your financial situation back on track. Contact the Arnold Law Firm today to learn more about how we can assist you.
Are you in a great deal of debt? Are you worried about losing your home or other important possessions as a result of that debt? If so, the time to act is now. By speaking with a Shelby County, TN bankruptcy lawyer, you drastically increase your chances of attaining a favorable outcome. The Arnold Law Firm has years of experience representing clients here in Memphis and throughout the state of Tennessee, and we are prepared to put that experience to work for you.
We provide bankruptcy services to individuals from all backgrounds and financial circumstances. We are here to help you with the following:
Going through the bankruptcy process can be frightening, but you don’t have to do it alone. The Arnold Law Firm is here to help you, every step of the way.
For most people, once they realize they are in a great deal of debt, the first thing they worry about is whether they will lose their home. Unfortunately, for many Americans, if they don’t take action timely, this is a harsh reality. That said, if you find yourself in this situation, you do have options. One of those options (and perhaps the best option) is filing for bankruptcy, and for several reasons.
To start, filing for bankruptcy allows a person to eliminate all dischargeable debt (as long as they qualify and successfully complete the process), which means they will be in better financial standing and better able to continue making regular payments on their home. Further, the second a person files for bankruptcy, it will trigger what is known as the “automatic stay.” The automatic stay essentially prohibits creditors from all collection activities, including vehicle repossession, foreclosure on homes, and more, allowing people to stay in their homes and keep their possessions.
In years past, discharging crippling debt via bankruptcy was virtually impossible, as the standard established for “undue hardship” was vague and too high. However, recently, a change to the law has made it possible for many struggling with significant student loan debt to have that debt discharged through bankruptcy. If you believe you may qualify, our firm is here to help.
Filing for bankruptcy is a fantastic tool for those in deep debt. However, the outcome of your case will likely shape your life for years into the future, which is why you must choose your attorney wisely. Here at the Arnold Law Firm, we believe that everyone has a right to reclaim their financial future, and we are here to guide them down that road.
The bottom line is that if you are an individual who is going through financial turmoil and are wondering whether bankruptcy is the best option for you, we are here to provide you with answers and solutions. Contact the Arnold Law Firm today to schedule your initial consultation with our dedicated legal team. We are here to listen to your story, assess your situation, and, from there, put forth a legal strategy to set your finances straight.