Clarksville Tennessee Bankruptcy Office located at 741 Madison Street Suite A, Clarksville, Tennessee 37040. Call 931-401-1711 for a free appointment today.
We offer a free appointment to discuss if a bankruptcy will help you.
Chapter 7 Bankruptcy allows you to wipe out debts for a fresh start. Chapter 7 wipes out a lot of different kinds of debts. You can often keep your car or house depending on the value. You need to be current on these payments to keep them.
You must qualify for Chapter 7 Bankruptcy by being under the Means Test. The Means Test looks at your income, household size and determines if you qualify for Chapter 7. The U.S. Department of Justice changes the qualifying amounts quarterly. For March 2019, one in household $46,088; two in household $56,865; three in household$66,252; four in household $77,260. We must provide the Trustee and U.S. Trustee a copy of your last 6 months of Pay stubs, Bank Statements and past 4 years Tax Returns.
Chapter 13 Bankruptcy helps you stop foreclosure, garnishment and repossessions. You can pay your credit cards, payday loans, house and car payment in the Chapter 13. Chapter 13 is sometimes called the wage earner plan. You must have regular income to file. Regular income can be a paycheck or retirement income such as Social Security or VA benefits.
Call today and let us walk you through your bankruptcy options!
Mark and Cindy Podis
Clarksville Bankruptcy Attorneys