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Bankruptcy

Loudon County, TN
Bankruptcy Law

Filing Bankruptcy In Loudon County, TN

Welcome!

Since 2006, more than 10 million consumers have come to this website figure out where they stand in relation to the 2005 (BAPCPA) bankruptcy law, and the  bankruptcy means test. 

Seventeen years later, the Means Test Calculator is still free, and we've updated it to use the latest applicable income and expense standards, for cases filed on or after May 15, 2023.

Local Forms & Instructions

Court Info for Loudon County, TN

How Bankruptcy Handles Property

Tennessee Bankruptcy Exemptions

How Bankruptcy Handles Debt

Debts You CAN Discharge

  • Credit Card Debt,
  • Medical Debt
  • Lawsuit Liability (if not from fraud or willful or malicious injury), 
  • Personal Loans

Debts You Can Discharge Only In Special Cases

Debts You CAN NOT Discharge

What Happens To Secured Debts?

How Bankruptcy Affects Debt Co-Signers

    • Chapter 7 Bankruptcy
    • Chapter 13 Bankruptcy

Bankruptcy Lawyers Near Me

Note: This website is updated as time permits. It is up to you to contact your local court and confirm and update any information you need. Information is not advice. Consult with a bankruptcy lawyer for advice about how the law relates to your exact situation.

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Loudon County Bankruptcy Means Test Calculator

Automatically apply the Loudon County expense standards, and Tennessee income standards to your means test calculation.

Loudon County Bankruptcy Court

Find where to file if you live in Loudon County.

Tennessee Bankruptcy Exemption Laws

Automatically apply the Loudon County expense standards, and Tennessee income standards to your means test calculation.

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Means Test Calculator for Loudon County, For Cases Filed on or after April 1, 2023

The free bankruptcy means test calculator is a free, automated version of the official Means Test Form you must file with the court.

This free automated version:

...to help you determine whether you pass the "means test" for Chapter 7 bankruptcy.

more...  

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Tennessee Bankruptcy Exemptions - All Categories

Tennessee Exemptions Summary:

Homestead

$5,000; $7,500 for joint owners; $25,000 if at least one dependent is a minor child. (if 62 or older, 12,500 if single; $20,000 if married; $25,000 if spouse is also 62 or older)

Vehicle Exemption

no specific exemption

Personal Property

$10,000 of any personal property including deposits on account with any bank or financial institution
Clothing & storage containers
Burial plots to 1 acre
Bible, schoolbooks, family pictures, & portraits

Wild Card

See personal property. ($10,000 of any personal property)

more...