Bankruptcy

  • Federal law provides for filing of bankruptcy petitions, and all bankruptcy cases are handled in federal court. In Murfreesboro, you will file in the Middle District Court in Nashville
  • Daniel L. Graves II of Bulloch, Fly, Hornsby & Evans is an experienced Bankruptcy attorney who can help you navigate the complicated Chapter 7 bankruptcy process and help you to get a "Fresh Start" after a discharge of your debts.
  • Chapter 7 bankruptcy is a Federal and Constitutional relief available to qualified applicants to allow a debtor to get a discharge of most consumer debts. To know which debts apply and how to obtain this relief, an experienced and knowledgeable bankruptcy attorney is invaluable.
  • In a Chapter 7 bankruptcy, the trustee may sell certain of your assets to pay off your creditors and you, the debtor, will be able to keep assets that are exempted. To know your rights regarding Chapter 7 bankruptcy and how to work with the Bankruptcy trustee, call attorney Daniel L. Graves of Bulloch, Fly, Hornsby & Evans.
  • Some debts are not discharged in a Chapter 7 bankruptcy, such as support payments, certain taxes, fraudulent debts, and student loans. To know your rights and to understand which of your debts can be discharged it is important to speak with an experienced and knowledgeable bankruptcy attorney
  • In most cases a Chapter 7 bankruptcy can completely eliminate all of your debts. However, some debts may not be completely eliminated and other debts have specific rules that apply. To be confident in your bankruptcy filing, speak with a knowledgeable bankruptcy attorney who can ensure your rights are protected and you can obtain a discharge from your debts.
  • One myth about Chapter 7 bankruptcy is that you will lose all of your property while obtaining a legal discharge from your debts. While some property may be surrendered, and certain secured property may have specific rules that apply, a person filing for a Chapter 7 bankruptcy in Tennessee may claim many items of personal property as exempt and may keep most property they own.
  • Civil judgments, whether arising from credit card debt or from medical bills, are often treated as unsecured debt when filing for a Chapter 7 bankruptcy and in most cases are completely discharged.
  • A discharge means that your legal obligation to pay a debt has been eliminated and in most cases a creditor cannot compel you to pay the debt following your discharge.
  • One advantage to filing a chapter 7 bankruptcy, and a powerful federal law benefit is the Automatic Stay. This means that during the pendency of your case, a creditor may not do anything to you to collect the debt. The creditor cannot call, write letters, visit you, or do anything to collect the debt.