Recent News & Events

The Federal Trade Commission offers answers to common questions about Fair Debt Collection. This can be accessed at The Federal Trade Commission Website - www.ftc.gov
Call the attorneys at Nashville Bankruptcy Law for answers on:

• What debts are covered?
• Who is a debt collector?
• How may a debt collector contact you?
• Can you stop a debt collector from contacting you?
• May a debt collector contact anyone else about your debt?
• What must the debt collector tell you about the debt?
• May a debt collector continue to contact you if you believe you do not owe money?

Because the Federal Trade Commission (FTC) ordered Equifax, Experian, and Trans Union, three consumer reporting agencies, to provide free annual credit reports to consumers. There are several ways you can get your credit report for free. Keep in mind that your credit report may not list ALL of your debt. Your debt may not be reported if you owe money to a creditor who does not report it to a credit agency.
Online: visit www.annualcreditreport.com
Phone: Call 877-322-8228 to request your credit report
Mail: Download the Request Form PDF , fill it out and mail it to:
Annual Credit Report Request Service, P.O. Box 105281, Atlanta, GA, 30348-5281

You do not need to purchase any products in order to get your free credit report.

Today the U.S. Senate voted to table the Durbin amendment to the "Foreclosure Prevention Act" that would have allowed cramdown of mortgages in bankruptcy. Despite appearances, the bill is not dead. There is likely to be more action on bankruptcy solutions for foreclosures in both the House and Senate. The following statement was released by NACBA and other groups supporting the bill.

You can file for both Chapter 7 and Chapter 13 bankruptcy, but you must meet these requirements:

You must meet these requirements in order to file for Chapter 13, Debt Adjustment, Bankruptcy:

These requirements must be met in order to file for Chapter 7 Bankruptcy, according to the Bankruptcy Law. These include:

Chapter 7 Bankruptcy is also know as Liquidation or Straight Bankruptcy. This involves the court appointing a Trustee who may liquidate or sell some things that you own to pay your creditors. From this, most of your debt will be canceled, but you may choose to pay some creditors, usually to keep a car or home in which the creditor has a lien.