When Filing For Bankruptcy Isn't The Answer

Although filing for bankruptcy is oftentimes the most efficient way to eliminate debt, it is not the only option — and in many cases, it is not the best one.

At times individuals are unable to file for bankruptcy without losing substantial assets. For others, the drawbacks of bankruptcy may outweigh the benefits. Likewise, many clients want to exhaust all possible remedies before pursuing bankruptcy.

I can help. I assist clients in their efforts to reduce their debts without filing for bankruptcy. No matter your scenario, I will evaluate your specific financial circumstances to determine whether an alternative to bankruptcy is the best path for you. Based in Knoxville, I have served as a lawyer throughout Tennessee for more than 20 years.

Beware Of Quick-Fix Schemes

While there are many legitimate alternatives to bankruptcy, it is important to beware of fraudulent debt relief programs. There are many organizations whose business models were developed to prey on people struggling with debt. Many clients come to see me after being taken advantage of by debt consolidation scams. Don't trust just anyone with your financial future.

How I Help

As an attorney, I will help you find a legitimate and effective way to relieve your debt.

I negotiate with my clients' creditors to extend repayment plans and obtain settlement agreements that allow my clients to make lump-sum partial payments in satisfaction of their entire debts. If you have equity in your home you may be able to open a home equity line to pay for other types of debt. Home equity loans not only allow debtors to consolidate their debts, but many home equity loans are offered at very low interest rates and provide yearly tax deductions.

If you do not own a home, or do not qualify for a home equity loan, debt consolidation loans and low interest credit cards may provide lower interest rates and lower monthly payments than you currently are paying.

If you are underwater on your mortgage, short sales and auctions may allow you to leave your property while discharging your mortgage obligations. If you want to stay in your home, we may be able to renegotiate the terms of your mortgage.

Getting Started For Free

To learn more, you can contact my offices at 865-314-8062 or toll free at 800-440-6505. You can also reach me online. Initial consultations are always free.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.