Working With What You Have
No one wishes to file bankruptcy, but very often there is no alternative solution. A meeting with a Memphis bankruptcy lawyer will give you all the necessary facts needed for you to make the best decision. If filing Chapter 7 is what you have to deal with, even then there rights that you have.
You are allowed to retain a certain amount of cash,; any tools that you use to procure income; along with some household items. Almost every case allows the individual to keep 401 pensions and IRA’s. In cases of Chapter 7 bankruptcy there is usually very little equity in homes and vehicles, so they can be retained if the payments on them have been kept current.
Even in the worst case scenario, you will not find yourself on the street. Memphis realty doesn’t only deal with home sales. They will work with you to locate an affordable apartment until things begin to turn around. Not every cloud has a silver lining, but neither does every cloud bring rain.
Let us help you:
Law Office of David Sandy
119 South Main Street Suite 500
Memphis, TN, 38103
901-255-2740