William E. Maddox Jr., L.L.C. - Knoxville Bankruptcy Attorney

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Medical Debt, Student Debt, Credit Card Debt

Due to the downturn in the economy, many people are struggling to find employment. Even working individuals face financial problems, however — a reduction in pay or elimination of benefits may lead to financial hardship.

I can help. Based in Knoxville, and serving throughout Tennessee for more than 20 years, I have dedicated my law practice to helping my clients eliminate their debts. I am one of the only state-certified bankruptcy specialists in Knox County, and know how to leverage bankruptcy filings and other means of debt reduction to alleviate the financial burdens my clients face.

When Illness Strikes

Many times, injuries or illness make it impossible to maintain employment. As medical bills pile up, many people turn to credit cards to pay for the daily costs of living. The good news is that credit card debt and medical bills are dischargeable in both Chapter 7 bankruptcy and Chapter 13 bankruptcy.

When dealing with medical bills, the timing of your bankruptcy is very important. I thoroughly evaluate my clients’ financial circumstances as well as their medical illness. Because I take the time to understand the extent of your health-related issue, I am able to recommend a bankruptcy strategy that maximizes the amount of medical bill debt you can discharge.

Providing Relief From Crushing Student Loan Debt

The poor economy has greatly affected recent college graduates. Advanced degrees used to be the key to obtaining employment and financial security. Unfortunately, many graduates not only find themselves unemployed, but with massive amounts of student loans that are nearly impossible to repay.

While many debts can be discharged through bankruptcy, student loan debt is not one of them. However, there are options. As an experienced bankruptcy lawyer, I have helped many former students reorganize their student loan debt under Chapter 13.

Filing for Chapter 13 bankruptcy allows student loan payments to be reorganized into a more manageable payment plan. In addition, the discharge of other debts — such as credit card debt and medical bills — will free up financial resources to make student loan payments less burdensome.

Getting Started For Free

To learn more about your options, reach out to my firm. You can call me at 865.314.8062 or toll free at 800.440.6505. You can also contact me online. Speaking with an attorney about such matters can be crucial. I offer initial consultations for free.

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