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Consumer Bankruptcy

Bankruptcy can be an important solution for those in debt
We'll help you navigate the process of bankruptcy

While it may seem like the last option, filing for bankruptcy can actually end up saving time, energy, and money in the long run. If you have a low to medium income and find yourself in more debt than you're able to handle, it may be a good idea to consider Chapter 7 bankruptcy.

Our team will help answer any questions you have so that you make an informed decision, and meet all your deadlines.

Contact us today to learn more about our bankruptcy services.

Should I file for Chapter 7 bankruptcy?

Filing bankruptcy is not the best option for everyone, but it may be the best debt relief option for you. Chapter 7 bankruptcy provides relief for individuals experiencing the stress of being unable to make their monthly payments on loans or credit cards due to overwhelming debt.

There are several considerations when determining whether bankruptcy is the answer to your situation. So how do you file bankruptcy in Knoxville, TN?

First is to consider whether you qualify for bankruptcy under Chapter 7, including whether the income requirements under Chapter 7 are met. To determine income qualifications, the Means Test is used (

This test created under The Bankruptcy Reform Act of 2005 considers the debtor’s household income along with household expenses to determine if the debtor qualifies for Chapter 7. If the debtor is not eligible for Chapter 7 bankruptcy, they may be eligible for bankruptcy under a different Chapter.

Consult an experienced bankruptcy attorney to discuss bankruptcy qualifications.

Learn how DZ Law can help with your legal needs