Filing for Bankruptcy in Tennessee: What You Need to Know

Steven Stamm • March 7, 2025

Over 14,000 Tennesseans filed for bankruptcy in 2023, with Chapter 7 being the most common type (U.S. Bankruptcy Court for the Western District of Tennessee).

Financial struggles can feel overwhelming, but bankruptcy offers a fresh start. Many people hesitate to file because of stigma or misinformation, but the truth is that bankruptcy is a legal tool designed to help individuals and businesses regain financial stability. Whether you’re dealing with credit card debt, medical bills, foreclosure, or wage garnishments, understanding your bankruptcy options in Tennessee is essential.


The two most common types are Chapter 7 and Chapter 13 bankruptcy. Chapter 7 allows you to eliminate most unsecured debts quickly, while Chapter 13 creates a structured repayment plan over time. The process involves filing detailed financial documents, attending a court hearing, and working with creditors—all of which can be complicated without legal assistance.



If you're considering bankruptcy in Selmer, TN, or surrounding areas, having an experienced bankruptcy attorney ensures you get the debt relief you need while protecting your assets. Contact McMahan Law Firm today at (731) 645-3100 to schedule a free bankruptcy consultation and take the first step toward financial freedom.

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Why You Shouldn’t Wait to File a Workers’ Compensation Claim

By Steven Stamm • March 7, 2025
In Tennessee, over 25% of workers' compensation claims are initially denied, often due to missed deadlines or incomplete documentation (Tennessee Department of Labor) .

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By Steven Stamm • March 7, 2025
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