Filing Bankruptcy In Tennessee

Summary

Mary, a 65-year-old on Social Security and Medicaid, is over $6,500 in debt and considering Chapter 7 bankruptcy in Tennessee. She must pass the Means Test and undergo credit counseling. Not all debts are dischargeable, and bankruptcy can impact her credit score. Consulting a bankruptcy attorney is advised for personalized advice.

Full Conversation

I am * on Social Security and Medicaid but due to poor employment options I’ve had to use my credit cards to live and I am now over $*,* in debt. I need to file bankruptcy.
Hi ****, I understand your situation. Could you please tell me in which state you reside? This will help me provide more accurate information regarding bankruptcy laws.
Tennessee
Hello ****, based on your situation here are some points related to bankruptcy in Tennessee:
- You may qualify for Chapter * or Chapter * bankruptcy.
- Exemptions exist for certain assets in bankruptcy.
- You'll need to undergo credit counseling.
Remember, bankruptcy should be a last resort. Consider seeking help from a credit counselor first.
I am using a debt reduction service but I still won’t be able to pay my monthly payments
Under Chapter * bankruptcy in Tennessee, you can eliminate most of your unsecured debts. If you qualify, it can offer a fresh start. But remember:
- It may impact your credit score.
- Not all debts are dischargeable.
- You must pass the Means Test.
Consult a bankruptcy attorney for personalized advice.
Ok
Hi ****, it seems like you're considering Chapter * bankruptcy. Have you been able to consult with a bankruptcy attorney in Tennessee or would you like information on how to find one?
I will cal the number. Thank you.
That's great, ****. If you have any other questions or need further assistance, feel free to ask. Remember, it's important to fully understand your options before making a decision. Good luck!
Thank you
Hello ****, I'm glad you found the information helpful. If you have any other legal questions in the future or need further clarity on bankruptcy, don't hesitate to reach out to us. We are here to help. Best of luck with everything.
I appreciate your help
Hello ****, we're here to support you. If you have any more questions about bankruptcy or any other legal matter, don't hesitate to ask. We wish you all the best.