Bankruptcy

Business and Consumer Bankruptcy

Sometimes the circumstances of life get the better of our financial situation, and we need help. Often times, without any fault of our own, we are unable to set right our financial situation. People need answers. Bankruptcy provides people with tools to relieve the stress of financial debt. To learn more about filing for Chapter 7, Chapter 11, or Chapter 13 bankruptcy, contact the Law Office of Joseph A. Livesay, located in Memphis, Tennessee.

Consumer Bankruptcy

Are you tired of phone calls from harassing creditors demanding money for bills you are unable to pay? Utilize the tools provided to you to get out of debt, and move on with your life. It is the job of attorney Joseph A. Livesay, Sr., to relieve some of your family's stress.

You have two options to get out from under consumer debt. Chapter 7 and Chapter 13 bankruptcy. Both will have a negative affect on your credit score, but by now, that is probably the least of your concerns.

• Chapter 13: If you want to undergo consumer debt consolidation, in an attempt to start over, consider filing for Chapter 13.
• Chapter 7: Under this form of bankruptcy, your non-exempt assets will be liquidated, and your debts will be forgiven. In many cases, it is possible to keep your home and automobiles.

Filing for bankruptcy under Chapter 7 or Chapter 13 can immediately stop foreclosure and put an end to creditor harassment. We can also take immediate action to help you deal with any judgments, liens or wage garnishment.

Business Bankruptcy

Sometimes a downturn in the market or a collapsed business deal can destroy your business's finances. If your business needs financial relief, the Law Office of Joseph A. Livesay, Sr., can guide you through the Chapter 7 and Chapter 11 bankruptcy process.

• Chapter 7: Chapter 7 bankruptcies will shutdown your business. It liquidates your business's assets and pays off your creditors.
• Chapter 11: Under this chapter, your business proposes a plan of repayment in order to pay off creditors, while remaining in business.

We understand that many people try to avoid filing for bankruptcy out of a sense of pride. People also become victims of circumstances that are out of their control. To learn more about consumer and business bankruptcies, contact lawyer Joseph A. Livesay, Sr., for a free initial consultation. We represent people throughout Tennessee, including people in Shelby County, Collierville, Arlington, Germantown and Bartlett.