NORCROSS, GA, April 16, 2013 (Press-News.org) Declaring bankruptcy is a very difficult decision to make. While it can be a necessary step leading to an ultimately brighter financial future for some people, it is by no means a cure-all for your debt problems. It also carries long-term financial, emotional, and social repercussions. For these reasons and others, the Nashville bankruptcy law experts of Clark & Washington explain that filing bankruptcy is a significant decision that should only be considered as a last resort.
Personal bankruptcy is a legal procedure essentially declaring your inability to repay unsecured debts. These cases are filed within the U.S. Bankruptcy court system, which is an adjunct to U.S. District court. Declaring bankruptcy in Nashville is an attractive option for some because it offers a fresh start for those who are so financially burdened that they can no longer satisfy the basic requirements of repaying their debts.
Bankruptcy lawyers in Nashville clarify that there are two types of personal bankruptcy that a person can file - Chapter 7 and Chapter 13. Each filing option has its advantages and disadvantages. Selecting which type to file is a significant decision that you should discuss with a Nashville bankruptcy professional. Chapter 7 is known as a liquidation bankruptcy, allowing you debt forgiveness along with liquidation of your assets. Chapter 13 is a reorganization bankruptcy, where a court appointed trustee creates a debt repayment plan that you can afford.
Filing for bankruptcy in Nashville can help stop foreclosures, repossessions, wage garnishments, and debt collection activities. Both bankruptcy filing options also allow people to keep certain assets. However, bankruptcy does not eliminate Federal Student loans, taxes, and alimony or child support payments. It also costs hundreds of dollars to file, requires detailed personal financial records to be brought out in the open, and you must prove to the court that you have completed credit counseling, a debtor education class, and other requirements making it more difficult to file.
The Nashville bankruptcy lawyers of Clark & Washington are experienced, trustworthy law experts who handle only personal bankruptcy cases. For over 25 years, their team of law professionals has helped guide hardworking people in the Southeast through the difficult decision to file for bankruptcy.
For more information about Nashville bankruptcy attorneys, please visit http://www.bankruptcyattorneynashville.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 seven and 13 bankruptcy. They offer honest, helpful legal advice to those experiencing financial hardships.
For more information, visit http://www.bankruptcyattorneynashville.com.
For all media inquiries, please contact:
Allie Petit
Content Manager
Cardinal Web Solutions
http://www.CardinalWebSolutions.com
Nashville Bankruptcy Lawyers, Clark & Washington, Explain the Basics of Bankruptcy
Filing for personal bankruptcy is a difficult decision to make no matter the circumstances. The Nashville Bankruptcy Lawyers of Clark & Washington explain the basics of bankruptcy to help you make the decision that is right for your situation.
2013-04-16
ELSE PRESS RELEASES FROM THIS DATE:
Chattanooga Bankruptcy Attorneys, Clark & Washington, Note 430 Bankruptcies in January
2013-04-16
Trends show that the United States is on an economic upswing but that is not the case everywhere. Some areas are recovering at a slower pace than the national average. 430 people filed for bankruptcy in Chattanooga in January. Tennessee is the leads the nation in the number of bankruptcies. There bankruptcy filing rate is 70% above the national average.
Over 90% of people who choose to file for bankruptcy in Chattanooga do so after losing their job, because of illness or due to a divorce. The average filer's age is 38 but the fastest growing group is those people 25 ...
Tribune Co. Emerges from Bankruptcy, Note Tampa Bankruptcy Lawyers, Clark & Washington
2013-04-16
The Tampa bankruptcy attorneys, Clark & Washington, would like to discuss how Tribune Co. (the company that owns a network of newspapers, television stations and websites), will be affected by its recent emergence from bankruptcy. Clark & Washington's bankruptcy attorneys in Tampa note that Tribune Co. filed for Chapter 11 protection in December, 2008 and is now in the process of distributing its assets. A major part of the agreement was the company's ability to land a $1 billion loan and $300 million credit line that it can use for restructuring purposes. The last ...
Orlando Bankruptcy Attorneys, Clark & Washington, Speak to TV Personality Octomom Bankruptcy
2013-04-16
The Orlando bankruptcy law firm, Clark & Washington, would like to discuss the recent bankruptcy filing of Nadya Suleman, better known by her mainstream media nickname "Octomom." Suleman was propelled into fame after being the first woman to deliver eight children simultaneously; her status led to the development of a reality television show that chronicled the life of the mother of 14 children in total. Despite her rise to fame, the show was short-lived and Suleman found herself taking other measures to earn income, which included posing nude for a magazine. ...
Atlanta Pest Control Company, Team Pest USA, Addresses 2012 Best of Kudzu Award
2013-04-16
The Atlanta wildlife removal firm, Team Pest USA, would like to discuss their recent win of the 2012 Best of Kudzu Award. Kudzu.com, a website that helps customers find and evaluate businesses in their local area, grants this annual award to those companies that exceed quality standard expectations. The list is extensive, as the winning circle is not limited to a select few. The Atlanta pest control firm also notes that the Best of Kudzu Award is granted to companies throughout the U.S., although there are a few popular cities on the list, including Atlanta. Pest control ...
Spine Institute Northwest Announces Free Medical Seminar for Canadian Back and Neck Pain Sufferers
2013-04-16
U.S. doctor Solomon Kamson, MD, PhD, founder of Spine Institute Northwest (https://www.fixmypain.ca), is offering a free medical seminar on minimally invasive surgery options for treating back and neck pain on May 3, 2013, in Alberta at the Delta Calgary South Hotel. Dr. Kamson, President of the Society for Advanced Spinal Intervention and global lecturer on the topic, will be there to provide a brief educational session on his minimally invasive surgical techniques, and to answer patients' questions. Patients are encouraged to bring MRI or CT scans to be reviewed by Dr. ...
Digital Learning Now! Releases Report on Funding Students, Options, and Achievement
2013-04-16
Digital Learning Now! (DLN) today released its sixth white paper in the DLN Smart Series, "Funding Students, Options, and Achievement." The authors assert that shifts in the nature of teaching and learning, as well as the growing trend toward online and blended learning options, necessitate shifts in the way education is funded to create a more student-centered system.
"Student-centered systems recognize diverse student needs, allow dollars to follow students to the best learning options, create mechanisms to ensure quality, and foster innovation," ...
David Perrier Named McCusker & Company Director of IT
2013-04-16
McCusker & Company, a leading worldwide provider of consumer and commercial extended warranty services, today took another step towards expanding its data management, e-commerce and technology capability. David Perrier has been named the new Director of IT for the firm with the goal to develop the next generation of technology applications to expand market share and enhance the customer experience.
"David is a bright technology visionary that has the capability, expertise and knowledge to continue our leadership in technology applications for the extended warranty ...
Sr. Helen Prejean to Receive National Social Justice Leadership Award
2013-04-16
The Ignatian Solidarity Network will honor Sr. Helen Prejean, C.S.J., with the "Robert M. Holstein: Faith that Does Justice Award" on Tuesday, May 7, 2013, at an award reception in New Orleans, Louisiana. Sr. Prejean is an internationally-recognized advocate against the death penalty whose passion is rooted in experiences of ministering to death row inmates. She has spoken around the globe and authored two books including Dead Man Walking: An Eyewitness Account of the Death Penalty, which held a spot on the New York Times Bestseller List for thirty-one weeks in ...
ControlCam Announces New VP of Sales
2013-04-16
ControlCam is pleased to announce the recent hire of Kenneth Anderson, who will join the team as Vice President of Sales. Kenneth brings over eleven years of experience in the aerial imagery industry.
Kenn has an extensive track record creating and building technological sales organizations in both the geospatial industry as well as telecommunications. He has spent most of the past decade helping develop a leading provider of oblique aerial imagery services. Kenn's experience includes designing, selling and implementing ground breaking technology into both the local, ...
UCSB scientists find resilience in shelled plants exposed to ocean acidification
2013-04-15
(Santa Barbara, Calif.) –– Marine scientists have long understood the detrimental effect of fossil fuel emissions on marine ecosystems. But a group led by a UC Santa Barbara professor has found a point of resilience in a microscopic shelled plant with a massive environmental impact, which suggests the future of ocean life may not be so bleak.
As fossil fuel emissions increase, so does the amount of carbon dioxide oceans absorb and dissolve, lowering their pH levels. "As pH declines, there is this concern that marine species that have shells may start dissolving or may ...
LAST 30 PRESS RELEASES:
Study unravels another piece of the puzzle in how cancer cells may be targeted by the immune system
Long-sought structure of powerful anticancer natural product solved by integrated approach
World’s oldest lizard wins fossil fight
Simple secret to living a longer life
Same plant, different tactic: Habitat determines response to climate
Drinking plenty of water may actually be good for you
Men at high risk of cardiovascular disease face brain health decline 10 years earlier than women
Irregular sleep-wake cycle linked to heightened risk of major cardiovascular events
Depression can cause period pain, new study suggests
Wistar Institute scientists identify important factor in neural development
New imaging platform developed by Rice researchers revolutionizes 3D visualization of cellular structures
To catch financial rats, a better mousetrap
Mapping the world's climate danger zones
Emory heart team implants new blood-pumping device for first time in U.S.
Congenital heart defects caused by problems with placenta
Schlechter named Cancer Moonshot Scholar
Two-way water transfers can ensure reliability, save money for urban and agricultural users during drought in Western U.S., new study shows
New issue of advances in dental research explores the role of women in dental, clinical, and translational research
Team unlocks new insights on pulsar signals
Great apes visually track subject-object relationships like humans do
Recovery of testing for heart disease risk factors post-COVID remains patchy
Final data and undiscovered images from NASA’s NEOWISE
Nucleoporin93: A silent protector in vascular health
Can we avert the looming food crisis of climate change?
Alcohol use and antiobesity medication treatment
Study reveals cause of common cancer immunotherapy side effect
New era in amphibian biology
Harbor service, VAST Data provide boost for NCSA systems
New prognostic model enhances survival prediction in liver failure
China focuses on improving air quality via the coordinated control of fine particles and ozone
[Press-News.org] Nashville Bankruptcy Lawyers, Clark & Washington, Explain the Basics of BankruptcyFiling for personal bankruptcy is a difficult decision to make no matter the circumstances. The Nashville Bankruptcy Lawyers of Clark & Washington explain the basics of bankruptcy to help you make the decision that is right for your situation.