Personal bankruptcy is a legal process that allows individuals to eliminate or restructure their debts. It is typically considered a last resort when other options, such as debt consolidation or negotiating with creditors, have been exhausted. Here are some common reasons why people consider filing for personal bankruptcy:
The Office of T. Verner Smith has helped thousands of Tennessee residents navigate this process and has a great reputation for handling the process in a respectful and professional manner. The first step is simply making a phone call to inquire about a free consultation. Call us at (731) 423-1888 and let's begin finding solutions for your problems today.
The U.S. Census Bureau, in their most recent survey taken the first two weeks of February, found 16% of respondents expect to be evicted in the next two months. Another 23% said it was somewhat likely.
The data demonstrates that Americans are continuing to struggle with inflation, and some are now facing even more difficulties with the SNAP pandemic benefits expiration that occurred March 1st. Families of four at 200% of the poverty line has the most to lose with the loss of additional SNAP benefits.
Additionally, the unwinding of pandemic Medicaid coverage will ultimately leave millions without coverage.
Southern states, according to the data, show higher rates of financial stress.
If your household facing a financial crisis due to these changes and are you ready to consider your legal options?
Through financial restructuring, debt resolution, or legal options including but not limited to bankruptcy, there are ways to relieve the pressure and chart a path to a better future. Don't be embarrassed, don't be hesitant, you are not alone, and taking action now is the smart approach.
Call us at (731) 423-1888 and schedule a free consultation.
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Call us at (731) 423-1888