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You may be realizing that debt relief is necessary from experiencing a financial hardship or skipping bills each month. Wherever you are at, you are not alone. In the 12-month period ending June 30, 2019, there were 14,307 Chapter 7 filings and 19,586 Chapter 13 filings in Tennessee.

In this article, we’ll like to present you with some useful information about Chapter 13 Bankruptcy in Tennessee. You may be wondering why our focus is on Chapter 13 bankruptcy in Tennessee; this is because some pieces of information are more specific to Tennessee that other states of the country. You can read through our article on Chapter 13 bankruptcy to learn more about the subject matter. 

Before going deep into the subject matter, I’ll like us to acquaint ourselves with the differences between Chapter 13 Bankruptcy and Chapter 7 Bankruptcy

Chapter 13 vs Chaper 7 Bankruptcy in Tennessee:

Chapter 13 Bankruptcy: This type of bankruptcy is also known as the “wage earners” bankruptcy. To apply for this type of bankruptcy, you have to approach a bankruptcy court where a trustee will be assigned to you, and you’ll negotiate how much you want to pay on an installment within the next 3 to 5 years. Chapter 13 bankruptcy is more common than Chapter 7 bankruptcy because most people’s income is above the threshold for Chapter 7 bankruptcy. 

Chapter 7 Bankruptcy: This type of bankruptcy is also called “liquidation bankruptcy.” You can file for this type of bankruptcy is you’re unable to pay your debt even if it’s restructured to be paid on installment within the next five years. You will know if your application for Chapter 7 bankruptcy is granted or not within 120 days after applying. 

Now that we’ve explained the differences between Chapter 13 bankruptcy and Chapter 7 bankruptcy, let’s delve into the topic for the day. In this article, we’ll discuss the following: 

  1. Chapter 13 Bankruptcy Plan Payment in Tennessee
  2. Tennessee Bankruptcy Exemptions
  3. Bankruptcy Trustees in Tennessee
  4. Tennessee Bankruptcy Districts and Court Locations
  5. Should I pursue a Chapter 13 Bankruptcy in Tennessee?

Chapter 13 Bankruptcy Plan Payment in Tennessee

Before determining your payment plan, your IRS National expense figures and your specific Tennessee expenses will be taken into account. The part of your Specific Tennessee expenses that are taken into account is your Tennessee Bankruptcy Allowable Living Expenses and your Tennessee Administrative Expense Multiplier on or after 5/1/2020. 

If you’re curious to know whether you qualify for Chapter 7 bankruptcy and how much you will pay monthly when your Chapter 13 bankruptcy plan kicks in, you can use our calculator to estimate these figures. The calculator can also predict if you qualify for a chapter 7 bankruptcy discharge or not. We’ll talk more on how to use our calculator below: 

Tennessee Bankruptcy Calculator to estimate Chapter 7 Qualification and Chapter 13 Plan Payment

  1. Rough estimate calculator: This calculator will give you a rough estimate in less than a minute; however, the figure it gives is not as precise as you may want. As such, we’ll advise you to use a more thorough calculator. 
  2. Quick and precise estimate calculator (below): This type of calculator will give you a more accurate figure. However, you should know that the figures here are still estimates and shouldn’t be used for payment. It only gives you an idea of how much you’re to pay. 

Tennessee Means Testing

If you use the calculator above,  the calculator used Tennessee means testing data found here to predict if your application for a Chapter 7 bankruptcy discharge will be granted. Below is the information for the Tennessee Means test; this information is valid for bankruptcy cases filed on or after 5/1/2020.

# of PeopleAnnual Income
1$48,219
2$60,913
3$69,734
4$79,701
5$88,701
6$97,701
7$106,701
8$115,701
9$124,701

Tennessee Bankruptcy Exemptions

One factor that determines whether you go for Chapter 7 bankruptcy or Chapter 13 bankruptcy is if you own assets that are above the Tennesse bankruptcy exemptions. Also, you may qualify for chapter 7 bankruptcy, but if you have a large equity position in asset, then you may apply for Chapter 13 bankruptcy or any other debt settlement solution that aligns with your financial goal.

Tennessee has some bankruptcy exemptions and statutes that can determine if you can file bankruptcy and the effects of filling such bankruptcy. If your assets are above the exemptions in Tennessee, then those assets stand a risk of being liquidated. Check the table below to see the top bankruptcy exemptions in Tennessee. Check the Tennessee Statutes Government Site for more information. 

Bankruptcy Trustees in Tennessee 

A trustee is an individual who has a role in administering a bankruptcy case and liquidating the assets of a debtor that is not exempted from liquidation. There are more Chapter 7 trustees in Tennessee than Chapter 13 trustees in Tennessee. Below are the tables that outline the trustees by bankruptcy chapter.

Chapter 7 Trustees Tennessee

DistrictNamePhone
EasternElisabeth B. Donnovin(423) 266-2300
EasternD. Stephen Duncan(423) 926-1357
EasternTrudy M. Edwards(931) 967-4303
EasternJerry D. Farinash(423) 805-3100
EasternWilliam M. Foster(423) 877-4250
EasternMargaret B. Fugate(423) 928-6561
EasternTerry D. Gregory(931) 455-5407
EasternAndrea D. Hayduk(423) 424-0887
EasternDouglas R. Johnson(423) 266-2300
EasternDavid H. Jones(865) 546-7311
EasternF. Scott Milligan(865) 522-3311
EasternAnn Reilly Mostoller(865) 482-4466
EasternJohn P. Newton, Jr.(865) 588-5111
EasternDouglas L. Payne(423) 639-2220
EasternW. Grey Steed, III(865) 671-1457
EasternRobert J. Wilkinson(423) 424-3116
MiddleJeanne Ann Burton(615) 678-6960
MiddleThomas Larry Edmondson(615) 254-2072
MiddleMichael Gigandet(615) 746-4950
MiddleErica R. Johnson(615) 347-5869
MiddleEva M. Lemeh(615) 876-4862
MiddleJohn C. McLemore(615) 383-9495
MiddleTimothy G. Niarhos(615) 320-1101
MiddleDavid G. Rogers(615) 472-8570
MiddleRobert H. Waldschmidt(615) 468-1020
WesternBettye S. Bedwell(901) 577-0009
WesternEdward L. Montedonico, Jr.(901) 683-7003
WesternMichael T. Tabor(731) 424-3074
WesternLynda F. Teems(901) 526-5555
WesternMarianna G. Williams(731) 285-5074

Chapter 13 Trustees Tennessee

DistrictNamePhone
EasternGwendolyn M. Kerney(865) 524-4995
EasternKara L. West(423) 265-2261
MiddleHenry E. Hildebrand, III(615) 244-1101
WesternSylvia F. Brown(901) 576-1313
WesternTimothy H. Ivy, Sr.(731) 664-1313
WesternGeorge W. Stevenson(901) 821-2400

Bankruptcy Districts and Court Locations in Tennessee

There are three bank districts in Tennessee, and each district has its varying number of courts. The bankruptcy districts are Western District of Tennessee, Eastern District of Tennessee, and Middle District of Tennessee. Please see the helpful district maps below:

Tennesse Western Bankruptcy District

There are two court locations in the Western Tennessee District in Memphis and Jackson. You may also be interested in seeing the district map breakdown (Source: US Gov District Map):

Middle Bankruptcy District Tennessee

There are three court locations in the Middle Bankruptcy District in Tennessee. Please see the court information below for more information (source: US Gov Middle District Map)

Tennessee Eastern Bankruptcy District

There are four court locations in the Eastern District of Tennesee. There are separate maps for which counties are covered, so we will show them one by one to help if you decide to file.

Chattanooga Bankruptcy Court Location

The Chattanooga bankruptcy court location is located 31 East 11th Street, Chattanooga, TN 37402-2722. The phone number is (423) 752-5163. The court location website also provides the helpful map below.

Greeneville Bankruptcy Court Location

The Greeneville bankruptcy court location is located 20 West Depot Street, Suite 218 Greeneville, TN 37743-4924. The phone number is (423) 787-0113. The court website also provides the helpful map below.

Knoxville Bankruptcy Court Location

The Knoxville bankruptcy court location is located 800 Market Street, Suite 330 Knoxville, TN 37902. The phone number is (865) 545-4279. The court website also provides this helpful map below.

Winchester Bankruptcy Court Location

The Winchester bankruptcy court location is located 200 South Jefferson Street Winchester, TN 37398. The phone number is (423) 752-5163. The court website above also provides the helpful map below.

Should I Apply for a Chapter 13 Bankruptcy in Tennessee?  

If you’re struggling with debt, then Chapter 13 bankruptcy may be your easy way out. There are other alternatives to Chapter 13 bankruptcy that you can consider. Some of those alternatives include debt settlement and debt management. You can use our Chapter 13 calculator to estimate your Chapter 13 repayment plan and compare the options you have; thus, you can make an informed decision that will help your financial life. 

Debt can cause an immense level of stress and psychological issues. As such, we hope that this article will help you to relieve your debt burden.

Post Author: Ben Tejes

Ben Tejes is a co-founder and CEO of Ascend Finance. Before Ascend, Ben held various executive roles at personal finance companies. Ben specializes in Chapter 13 Bankruptcy, Debt Settlement, Chapter 7 Bankruptcy and debt payoff methods. In his free time, Ben enjoys spending time going on adventures with his wife and three young daughters.

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