1415 Madison Ave, Memphis TN 38104

Ph: 901-527-8680

Bankruptcy

Are you overwhelmed with your debts? Do debt collectors keep calling you? Are you facing a foreclosure? Bankruptcy may be right for you. And it’s time to re-gain control.

Edwin C. Lenow can help.

He will personally meet with you and will evaluate your financial situation and help you determine whether bankruptcy is the right choice for you.

Is bankruptcy the right option for you?

Personal Bankruptcy and Business Bankruptcy

Several bankruptcy options are available depending on your situation. We will help you understand which option is best for you, so that you can make informed decisions about how to proceed.

Chapter 7 : This form of personal or business bankruptcy involves a liquidation of non-exempt assets (if any) to pay off debt.

Chapter 11 : Companies and individuals can use this reorganization and debt reduction process to maintain their businesses and assets, while paying back debt.

Chapter 13 : For individuals, this form of bankruptcy involves preparing a debt repayment plan, in which they agree to pay a certain portion of their future income to the bankruptcy trustee for payment to the creditors. Individuals can protect their homes, businesses and other assets.

Although bankruptcy is not right for everyone, for some it is a chance for a fresh start. Filing for bankruptcy protection can assist in a number of ways, including the following:

  • Save your home
  • Stop harassing phone calls
  • Stop lawsuits (with some exceptions)
  • Stop garnishments
  • Stop vehicle repossession
  • Stop enforcement of judgments
  • Eliminate or reduce debt

Our experience includes every aspect of bankruptcy law, including taxes and credit. Consequently, we understand bankruptcy issues from all perspectives. As a result of our knowledge and experience, we are able to resolve even the most complex bankruptcy issues.

Don’t hesitate! Give Edwin C. Lenow a call or email today for legal issues you need assistance with.

Call us today at 901-527-8680