Chapter 7 Bankruptcy in Middle Tennessee
A Fresh Financial Start With Guidance You Can Trust
Thinking About Filing for Chapter 7 Bankruptcy?
When debt becomes overwhelming, Chapter 7 bankruptcy can give you the fresh start you need. The Law Office of Galen Pierce helps individuals and families throughout Middle Tennessee understand their options, qualify for Chapter 7, and move forward with confidence. If you are facing credit card debt, medical bills, lawsuits, or constant collection calls, Chapter 7 may be the fastest and most effective path to relief.
What Is Chapter 7 Bankruptcy?
Chapter 7 bankruptcy helps you eliminate unsecured debts and reset your financial life. In most cases, people filing Chapter 7 keep their home, car, and personal belongings while eliminating the debts that are holding them back.
Chapter 7 can help you:
- Erase credit card and loan debt
- Discharge medical bills
- Stop wage garnishment
- End creditor calls and collection lawsuits
- Remove old balances you can no longer afford
For many people, Chapter 7 offers a clean slate and a faster recovery from financial stress.
Who Qualifies for Chapter 7?
Eligibility for Chapter 7 depends on your income, household size, and financial situation. The key factor is the means test, which compares your income to the median income in Tennessee.
You may qualify for Chapter 7 if:
- Your income is below the Tennessee median
- Your expenses leave little or no disposable income
- You have more debt than you can reasonably repay
- You are facing medical or job related financial hardship
Even if you think you may not qualify, Galen Pierce Law can help you review all options.
What Debts Can Be Discharged in Chapter 7?
Most unsecured debts can be eliminated in Chapter 7, including:
- Credit cards
- Medical bills
- Personal loans
- Payday loans
- Old utility bills
- Certain tax debts
- Deficiency balances after repossession
Debts like child support, recent taxes, or student loans may not be dischargeable, but we will review your specific situation with you.
Will You Lose Your Property?
Most people do not lose any property in Chapter 7. Tennessee and federal bankruptcy exemptions protect many assets, including:
- Your home (up to certain limits)
- Your vehicle
- Household goods
- Clothing and personal items
- Tools used for work
- Retirement accounts
At The Law Office of Galen Pierce, we make sure you understand what is protected and how exemptions apply to your case.
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The Chapter 7 Process:
Step 1: Free consultation
We review your debts, income, assets, and goals to determine whether Chapter 7 is right for you.
Step 2: Gather financial documents
This includes pay stubs, bank statements, tax returns, and a list of debts.
Step 3: File your petition
Once filed, all collections, lawsuits, and garnishments stop immediately.
Step 4: Attend the meeting of creditors
This short meeting allows the bankruptcy trustee to review your case. Most take less than 10 minutes.
Step 5: Debt discharge
In most cases, Chapter 7 is complete about 3 to 4 months after filing.
Why do I need an Experience Chapter 7 Bankruptcy Lawyer?
Working with an experienced Chapter 7 bankruptcy lawyer can help you identify all your debts, determine a suitable plan of action for managing your debt and improving your credit. Every person and case is different, making it difficult to determine an exact cost. That is why we offer a free initial consultation. From there, we will be able to give you an exact quote before you incur any charges.
Don't navigate the complicated waters of bankruptcy law alone. Contact Galen Pierce, your local Chapter 7 bankruptcy lawyer, at
615-895-6508 to
schedule a free consultation today!
