NORCROSS, GA, June 24, 2013 (Press-News.org) Our nation's economy is still struggling, but in some areas there are improvements. One of those improvements would be an overall drop in the national bankruptcy filing rate. There are still some states that have a high rate of bankruptcy filings and Tennessee is sadly the national leader. This past March in the Knoxville area there were 497 Chapter 13 and Chapter 7 filings. Knoxville bankruptcies are still showing a weak single digit improvement.
Bankruptcy court can be a confusing and frustrating place to find yourself in without proper representation. It is imperative that you hire a Knoxville bankruptcy attorney who is credible, experienced and knowledgeable concerning Knoxville bankruptcy law.
The law and the system can be very difficult to navigate on your own. When you visit your Knoxville bankruptcy attorney bring with you all the documentation that the office requests. You will need your current earnings, the last three years of income tax filings, documentation of all real and personal property, information on all your debtors as well as collection agencies and more. Your Knoxville bankruptcy attorney will evaluate all the information that you provide and after consideration advise you on your options.
Relief from a well planned and executed bankruptcy can help you to regain a better economic position. The most common reasons for considering bankruptcy are divorce, loss of employment and medical debt. There are limitations to what can be discharged and your Knoxville bankruptcy attorney can explain this to you in detail.
March is often one of the highest months for Knoxville bankruptcy filings. Because of the increased rate of filing and the weight added to already crowded court dockets it would be to your advantage to hire a professional Knoxville bankruptcy attorney that has experience in the bankruptcy court so your case can reach a quicker and more equitable solution.
As the economy improves in Tennessee a decrease in Knoxville bankruptcy filings will follow. In the meantime, filing for bankruptcy can help improve your financial situation and allow you the opportunity to rebuild.
For more information, visit http://www.knoxvillebankruptcyattorney.com.
About Clark & Washington:
Established in 1983, Clark & Washington is now one of the leading bankruptcy filers in the Southeast. They have locations in Georgia, Florida and Tennessee. Clark & Washington specializes in personal chapter 7 and chapter 13 bankruptcy. They offer honest, helpful legal advice to those experiencing financial hardships.
For more information, visit http://www.knoxvillebankruptcyattorney.com.
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Allie Petit
Content Manager
Cardinal Web Solutions
http://www.CardinalWebSolutions.com
Knoxville Bankruptcy Attorneys, Clark & Washington, Address 497 Chap 13/7 Filings in March
Hiring an experienced Knoxville bankruptcy attorney is many times the first step to becoming more financially stable. The Tennessee bankruptcy filing rates remain high and are seeing slower decline than many other areas of the country.
2013-06-24
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[Press-News.org] Knoxville Bankruptcy Attorneys, Clark & Washington, Address 497 Chap 13/7 Filings in MarchHiring an experienced Knoxville bankruptcy attorney is many times the first step to becoming more financially stable. The Tennessee bankruptcy filing rates remain high and are seeing slower decline than many other areas of the country.