Knoxville: If You Face Debt Problems, Let Us Help You

    KNOXVILLE, TN, July 17, 2015 /24-7PressRelease/ -- The largest bankruptcy law firm in Tennessee, Clark & Washington, P.C., strives to help homeowners understand how bankruptcy affects potential foreclosure. Bankruptcy laws differ from state to state, and banks and mortgage companies can have widely varying payment delinquency policies.

There's a document published by the U.S. Bankruptcy Court for the Eastern District of Tennessee titled, Local Rules. It's forty-five pages long. The table of contents alone is very complex. That and the list of forms comprise two entire pages. The document uses the words, motion, modify, order, continue, objection, deadline, and hearing, which are all specialized legal terms. These words mean something different to lawyers and judges than they do to in regular conversational context. There are acronyms, abbreviations, forms, rules and run-on sentences that can make your head spin if you've never been to law school. It's clear, as a layman reading this document, that it's best to hire an attorney to help you understand the bankruptcy and foreclosure laws in Tennessee.

The attorneys at Clark & Washington understand that all kinds of people can face various types of financial setbacks. They know it can be embarrassing to have late or missed mortgage payments. They can advise you, though. They can help you understand where you stand with your mortgage company and whether you're at serious risk of foreclosure. They want to understand your full financial picture so that they can help you determine if filing for bankruptcy is your best option.

If you do make the decision to file bankruptcy, they'll manage the process. They'll document the required information in the court-specific format to ensure that nothing slips through the cracks. All court systems have a fairly regimented system for filing specific forms with very specific deadlines. If the wrong form is used or if there's a missed deadline, you might have a very large problem to deal with. Getting answers from the court clerks isn't usually easy.

Getting answers from an attorney is the best way to handle your potential foreclosure and/or bankruptcy. Clark & Washington offers reasonable attorney fees. Chapter 7 bankruptcy fees can be paid in installments, with a cumulative sum of approximately $1,000. This can be discussed during your initial consultation.

Call Clark & Washington to schedule your free initial consultation to discuss Chapter 7 bankruptcy or your other debt management options. Veterans and active military homeowners are offered reduced rate attorney fees.

Established in 1983, Clark & Washington is now one of the leading bankruptcy filers in the Southeast. They have locations in Georgia, Florida and Tennessee. Clark & Washington specializes in personal chapter seven and 13 bankruptcy. They offer honest, helpful legal advice to those experiencing financial hardships.

For more information, visit www.knoxville-bankruptcy.com.

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