Chapter 7 and Chapter 13 Bankruptcy - Memphis Attorney

Handling Medical Debt, Credit Card Debt, Tax Problems and More

An insurmountable debt burden can cause stress and anxiety and hamper any business or financial plans. In addition, the current recession has caused many people to struggle with debt even when they did everything they could to exercise fiscal responsibility. If you are struggling under a debt that you can't repay, bankruptcy may be the solution you need.

At Windsor Law Firm, in Memphis, Tennessee, we provide diligent, experienced legal services to help our clients navigate the complex bankruptcy process. Attorney John R. Windsor, Jr., has practiced law since 1991. With a Masters Degree in Taxation and experience working in business, he offers great insights into personal accounting and financial matters.

To schedule an initial consultation, call us today at (901) 680-0101, or simply contact our offices online. We look forward to working with you and helping you on the path to financial freedom.

Which Is Right for You: Chapter 7 or Chapter 13 Bankruptcy?

The answer to that question will depend on your unique personal circumstances. In Chapter 7 bankruptcy, most of your unsecured debt is completely forgiven, but you may have to liquidate certain personal assets. In most instances, people will be able to keep their automobile and their primary residence.

If you have a large number of assets and are able to make regular monthly payments, you may want to consider filing for Chapter 13 bankruptcy instead. In Chapter 13 bankruptcy, your debts are combined into one manageable monthly payment that you must make for three to five years. At the end of that time, any remaining unsecured debt is discharged.

Solving Tax Problems Through Bankruptcy

In some situations, it is just not likely that working with the IRS on tax problems will lead to a favorable outcome. When you face an uphill battle with the IRS, it may be best to file for personal bankruptcy. This will force the IRS to workout your tax problems in a court of law. While tax debt cannot typically be discharged under Chapter 7 bankruptcy, it can be managed and eventually eliminated through Chapter 13 bankruptcy.

Ask an experienced lawyer to learn more. At Windsor Law Firm, we provide experienced, knowledgeable service for all legal issues you may have with the IRS.

If you are interested in resolving tax problems, medical debt or credit card debt through bankruptcy, we can help. Call (901) 680-0101 or This e-mail address is being protected from spambots. You need JavaScript enabled to view it our law offices online any time to schedule an appointment.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.