Bankruptcy can feel overwhelming—but with the right bankruptcy attorneys by your side in Nashville, the process becomes far more manageable. In this post, we’ll answer frequently asked questions to help you work confidently with legal professionals through your financial restructuring. You can trust Rothschild and Ausbrooks’s decades of expertise to educate on on this complicated, stressful process and show you what our legal services can do to help you through every step.
When financial challenges begin to feel overwhelming, having the right legal team by your side can make all the difference. At Rothschild and Ausbrooks, we provide exceptional legal representation for individuals and families in Nashville facing bankruptcy or serious financial distress. Our board-certified bankruptcy attorneys bring decades of expertise, in-depth knowledge of Tennessee bankruptcy law, and a compassionate, solutions-driven approach to every case. From your first consultation through the resolution of your case, we’re committed to guiding you with clarity, professionalism, and care.
What Do Bankruptcy Attorneys Do?
Bankruptcy attorneys evaluate your finances, explain your options, prepare and file your petition, and represent you through every step of the bankruptcy process. Even after your debt recovery plan has been implemented, a skilled bankruptcy attorney can help you prepare for taxes, future expenses, and stay disciplined throughout your repayment.
Rothschild and Ausbrooks provide exceptional legal representation for those facing bankruptcy or financial distress. We employ board-certified consumer bankruptcy attorneys with years of experience helping local families recover from extreme debt.
What Chapter is Right for Me – Chapter 7 or Chapter 13?
Chapter 7 bankruptcy, often called liquidation, aims to discharge unsecured debts such as credit cards and medical bills while also halting collections, foreclosures, and garnishments. Eligibility for Chapter 7 depends in part on the means test, which looks at your income relative to the state median and your disposable income. You must complete approved credit counseling within 180 days before filing.
Chapter 13 bankruptcy, also known as the “wage-earner’s plan,” enables individuals with a regular income to develop a plan to repay all or part of their debts. Chapter 13 involved a court-approved, 3-5 year repayment plan that can help you catch up on secured debts while discharging some unsecured balances. Just like Chapter 7, you must complete approved credit counseling within 180 days before filing.
Not sure which route fits? Rothschild and Ausbrooks will walk you through both options during your free, initial consultation.
What Happens After I File for Bankruptcy?
Once your case is filed, an automatic stay is implemented that generally stops most collection activity, including calls, letters, wage garnishments, and certain lawsuits. While your credit score may dip at first, filing for bankruptcy strategically can be a faster way to rebuild instead of struggling with unmanageable debt for years.
How long it takes for cases to be resolved varies depending on multiple factors. Chapter 7 bankruptcy depends on your means test and the court’s schedule. With Chapter 13 bankruptcy, your repayment plan usually lasts 3-5 years. Rothschild and Ausbrooks’ seasoned attorneys can guide you through every meeting, hearing, and question to ensure you are on the path to financial stability.
What is the Process When Working with Bankruptcy Attorneys in Nashville?
Working with bankruptcy attorneys in Nashville typically follows these steps:
- Free Initial Consultation: Many firms offer this to understand your situation. During this meeting, be sure to bring pay stubs, tax returns, a list of debts and creditors, bank statements, major monthly expenses, and any lawsuits or collection notices.
- Analyze Eligibility: After going over your financial situation, lawyers will be able to determine whether Chapter 7 or Chapter 13 bankruptcy is a viable option.
- File Paperwork: Your bankruptcy attorney will prepare all necessary documents and file your bankruptcy claim with the court.
- Attend Hearings and Follow Through: Your lawyer will represent you during court appearances and meetings until your case closes.
Schedule your free consultation with Rothschild and Ausbrooks and let our seasoned bankruptcy guide you through this complicated process. Call 615-242-3996 or visit our website to get started.
What Sets Rosthchild and Ausbrooks Apart from Other Bankruptcy Attorneys?
Several factors distinguish Rothschild and Ausbrooks from other bankruptcy attorneys in Nashville:
- Board-Certified Specialists: Our attorneys have decades of experience serving Middle Tennessee residents, backed by proper accreditation and certifications.
- BBB A+ Accreditation: Providing excellent services since 1976 has resulted in A+ accreditation year after year, a testament to our high standards.
- Proven Reputation: We have a long history of success in both Chapter 7 and Chapter 13 cases, helping thousands reach financial relief.
Rothschild and Ausbrooks excel in providing exceptional legal representation for those facing bankruptcy or financial distress. With decades of experience and unwavering client focus, we are well-equipped to support you during this challenging time.
Partner with Rothschild and Ausbrooks for Trusted Bankruptcy Support
Facing bankruptcy is a deeply personal and often stressful experience, but you don’t have to go through it alone. At Rothschild and Ausbrooks, we pride ourselves on providing exceptional legal representation for individuals and families navigating financial hardship. Our board-certified bankruptcy attorneys bring decades of experience, deep knowledge of Tennessee bankruptcy law, and a compassionate, client-first approach to every case. We guide you through each step with clarity and confidence so you can move forward toward financial stability and peace of mind.
Take the first step towards debt relief by contacting Rothschild and Ausbrooks for your free consultation. Call us at 615-242-3996 or visit our website today and let us help you regain control of your financial future.
