Legal Question in Bankruptcy in Tennessee

Are we a candidate to recieve debt help and dose it work

Home , Motor home is worth 32,000 and we owe 64,000. van is worth 5,000 and owe7,900. We have several finicail institute bills some are secured withtv and computers.We are in debt around 170,000. I want to be responsible for debts,but I borrow from Peter to Paul so often that the hole is only getting larger. My husband is a single supporter I use to sub and babysit due to my grandmother suffering from stroke I need to help a least two and three times aweek and I am now on medicine to calm my aniexty but i Do not want to live this way. We have truly bit off more than we can chew. Please respond with help soluton rt dt


Asked on 12/11/02, 9:14 am

1 Answer from Attorneys
Andrew Nichols Law Office of Andrew B. Nichols

Re: Are we a candidate to recieve debt help and dose it work

You should definitely file bankruptcy. You need the financial and emotional relief. Everyone is entitled to a fresh start. PLEASE READ MY FIRM'S PHILOSOPHY! I think you would benefit most from a Chapter 7. A Chapter 7 case is the least expensive and usually lasts about 5 to 6 months. In most cases your home and your car will be "exempt" (the bankruptcy term which means exempt from creditors -- YOU KEEP IT!). Please feel free to call me to discuss your case in more detail. ph. (800) 303-0720

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Answered on 12/11/02, 12:44 pm


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