Knoxville, TN – The Pope Firm is a top-rated bankruptcy attorney in Knoxville, TN, catering to the needs of their clients in need of debt relief. As the leading provider of bankruptcy services in and around the area, The Pope Firm and their team understands the challenging economic times and seek to better deliver premium quality services to clients by expanding their service hours. Their latest development was geared towards better attending to clients while ensuring that proper strategies are put into place to secure for them the debt relief they deserve.
Announcing the expansion of their services hours, the spokesperson for the bankruptcy attorneys at The Pope Firm said, “The Pope Firm has offices in Knoxville, Chattanooga, Johnson City, and Kingsport to better serve all of our clients. We offer very fair prices and honest advice when dealing with harassing phone calls for medical bills, credit card debt and more.”
With the announcement of their extended hours, The Pope Firm is better equipped to cater to the needs of clients who are experiencing overwhelming debt, wage garnishment, lawsuits, collections or repossessions. Ensuring that through a bankruptcy filing, clients can eliminate some or all unsecured debts, restructure existing debts into manageable payments, put an end to creditor harassment, and stop or delay repossession of properties.
At The Pope Firm, the Knoxville Bankruptcy Attorney exposes their clients, whether individuals or families experiencing a significant amount of debt, to two different types of bankruptcy which include a Chapter 7 and a Chapter 13.
A Chapter 7 Bankruptcy is designed for clients with low to moderate income but saddled with more debt that they couldn’t manage to pay off without help. With a Chapter 7, clients can rest easy as the team at The Pope Firm – Bankruptcy Attorney may be able to secure partial or total elimination of client’s unsecured debts. However, to qualify for a Chapter 7 Bankruptcy, clients are required to pass the ‘means test,’ which simply verifies that the client’s income is below the median level. Followed by this, client’s monthly disposable income is calculated and if it is more than a certain portion of the monthly unsecured debt obligation, client’s may be entitled to file under a Chapter 7.
A Chapter 13, however, is a good option for those who have failed to qualify for a Chapter 7 bankruptcy. Under this provision, clients will be required to propose a plan to repay creditors over a period of three to five years, with debtors who are behind on their mortgage payment awarded the opportunity to pay an arrearage over a reasonable amount of time.
As a top-rated and experienced commercial and bankruptcy litigator, with corporate, lending and accounting backgrounds and experience in workouts and restructuring, The Pope Firm is able to handle all client’s needs, providing the needed advice, debtor and creditor representation, assisting in the preparation of business plans, loan documentation, and development of shareholder and enterprise values, business and lender representation in state court collection actions, suits on promissory notes, account receivables, foreclosure actions, garnishment and other creditor remedy proceedings, and more.
Enjoy the extended service hours launched at The Pope Firm, located at 5319 N Broadway St, Knoxville, TN 37918. To receive a free consultation, contact their team via phone at 865-213-3617 or send online inquiries via email to [email protected]. Visit their website for additional information regarding their services.
Media ContactCompany Name: The Pope FirmContact Person: Charles PopeEmail: Send EmailPhone: 865-213-3617Address:5319 N Broadway St City: KnoxvilleState: TennesseeCountry: United StatesWebsite: https://www.thepopefirm.com/knoxville-bankruptcy/
