Teel & Maroney, PLC

08/13/2021

Congratulations to Steve Maroney on his appointment by Governor Lee to serve as chancery court judge!

07/04/2021

The Teel & Maroney family wishes everyone a Happy 4th of July!

02/19/2021

We are closed again today but continue to be available via email and telephone. We will reopen Monday, February 22, at 8:30 a.m. Stay safe and warm!

02/17/2021

With inclement weather forecasted for Wednesday and Thursday, we will continue to telework. We are available via phone and email. We will monitor road conditions and hope to reopen the office Friday.

02/15/2021

Our office is closed today but we are teleworking. We can be reached via telephone and email. Please stay safe and warm!

02/06/2021

If you or someone you know needs help with paying rent because of COVID, then you may qualify for rent assistance. There are funds available through Southwest Tennessee Human Resource Agency. Each county in southwest Tennessee has a local SWHRA office. You should contact the office in your county. Also, there is more information available at www.thda.org about the COVID-19 Rent Relief Act of 2020.

This is a 30-year, fixed interest rate home loan available through private banks and lenders. These loans focus on first-time homebuyers, U.S. military veterans, and homebuyers in targeted areas.

01/21/2021

New website is live! www.tennesseefirm.com.

Teel & Maroney is a law firm specializing in bankruptcy (Chapters 7, 11, 13). We help people file for relief under the United States Bankruptcy Code.

04/20/2020

We will continue to telework this week. We are available for telephonic and Zoom meetings. We also will schedule a limited number of in office appointments. If you would like to schedule an appointment of any type, please call 731-424-3315.

Chapter 13 and chapter 7 meetings of creditors are canceled until further notice.

04/13/2020

Our staff members are teleworking this week. We are still available for telephonic or video consultations. We are also offering LIMITED office appointments. If you've been laid off, furloughed or in jeopardy of being laid off and want to discuss how to navigate through these uncharted waters, then call us today. We can help you. 731-424-3315.

If you have a meeting of creditors scheduled during the month of April, it has been canceled by the bankruptcy. We will contact you directly if the bankruptcy trustee has any questions for you.

04/10/2020

In the middle of this crisis, we are reminded that our hope is not in material things but in eternal salvation through the risen saviour. We encourage you to find an Easter service online Sunday, and spend time in worship and gratitude. Links to churches attended by the Teel & Maroney family are in an earlier post. And remember that the sacrifices we are making now pale in comparison to the ultimate sacrifice made over 2000 years ago.

04/04/2020

WE ARE OPEN! Mayor Conger and Mayor Harris have issued "shelter at home" orders for April 5-April 12. We are still prohibiting anyone from coming to the office. However, we are still here to help you. Our staff members are working from home. If you call our office, someone will answer. If not, leave a voice message and your call will be returned. We are also available by email and can schedule telephonic consultations or video meetings. If we can help you during these difficult and unprecedented times, please don't hesitate to contact us at 731-424-3315.

03/30/2020

Yesterday the President announced that social distancing guidelines will remain in place until April 30. As a result, we will continue to prohibit access to our office. We are still available to assist you via telephone, email and video conference. If you need to discuss your existing case, or would like to have a free consultation to discuss filing bankruptcy, please call our office.

SMALL BUSINESS OWNERS: The CARES Act signed by President Trump last week has provisions in it designed to help small businesses stay in business. Some of the loans through the SBA can be forgiven, meaning you could get a SBA loan and not have to pay it back. Also, the CARES Act modified the recently enact Small Business Reorganization Act. This will help small businesses that may need to restructure its debts in a Chapter 11 bankruptcy. If you have questions about how the CARES Act might impact your business, please call Jerome Teel in our office. He can help you find a lender to provide access to the SBA money that might keep you in business, and answer your other questions.

03/27/2020

The Teel & Maroney family members are missing our church families! We can't wait until we can worship corporately again. Like many of you, we are worshipping each Sunday from home, and would like to invite you to join us. Below are links to churches attended by members of the Teel & Maroney family. We hope you will join us for worship this Sunday at one of these online services.

West Jackson Baptist Church: https://www.westjacksonbc.org/athome/

Fellowship Bible Church: https://www.fellowshipjackson.com/

Englewood Baptist Church: http://www.ebcjackson.org/

Journey Church: https://www.ourjourney.com/

Liberty Grove Baptist Church: https://www.facebook.com/LGBCjac44/

New Haven Baptist Church: https://www.facebook.com/NewHavenBaptistChurchMilanTn/

03/24/2020

In these unprecedented times, we have to make difficult decisions about personal interaction with our clients and friends. We have decided to prohibit access to our office. Until federal, state and local officials lift the restrictions in place, we will not conduct any in office meetings or consultations. We don’t like having to make this decision, but believe it is best for our clients and staff. We are still accessible by telephone, email and video conference. If you have questions about your current case, or would like to discuss how we can help you in these troubling times, please call our office at 731-424-3315.

01/28/2020

Many of our clients are interested in their credit scores and how to improve them. It may be more difficult in 2020. Fair Isaac Corporation (FICO) is adjusting its formula based on current market conditions and the result may be lower credit scores for millions of people. There are many news stories you can read online about this change. We've posted one news story below. Some highlights: make your payments on time every month; pay off your credit card/revolving debt every month; and avoid consumer or personal loans.

https://www.cnbc.com/2020/01/23/fico-10-credit-score-changes.html

The upcoming launch of FICO's latest credit score will start incorporating consumers' debt levels into their scoring model.

12/11/2019

Merry Christmas from your friends at Teel & Maroney! We hope you have a wonderful holiday season and a Happy New Year!

08/23/2019

Apologies to the late, great Prince, but it was raining purple at the office today.

03/08/2019

When the bankruptcy laws were revised in 2005, Congress excluded social security income from the formula to determine if someone qualifies for a chapter 7 bankruptcy. But Congress did not exclude VA benefits. There is now a push by Senators Baldwin and Cornyn to also exclude VA benefits from this formula. We applaud and support this effort. Please contact your congressman and senators and encourage them to support this measure. A link to a news article discussing this proposed amendment is below.https://rebootcamp.militarytimes.com/news/transition/2019/03/07/bankrupt-vets-can-lose-their-disability-benefits-this-new-effort-would-protect-them/

The HAVEN Act is trying to create immunity in bankruptcy cases for benefits provided by the VA and Department of Defense for disabled veterans or their surviving spouses.

03/04/2019

We appreciate everyone who has voted for Teel & Maroney as best law firm in The Jackson Sun's Readers' Choice Awards (link in February 24 post). Voting ends Wednesday so keep voting! You can vote everyday and you can vote from every email address you use.

02/25/2019

The Readers Choice Award voting lets you vote daily from every email address you use. So vote "early and often"!

02/25/2019

Thank you so much for nominating Teel & Maroney in the Jackson Sun Readers’ Choice Awards for BEST LAW FIRM! Voting starts today and runs through March 6th. We would appreciate your vote!

It's time to tell Jackson who is your favorite restaurant, service or person. Make your voice heard and your vote count.

02/06/2019

We are excited to announce that we now have the ability to meet new clients in McKenzie to complete their bankruptcy filing! If you live in the Tri-County area you no longer have to drive to Jackson to file bankruptcy. Attorney Jerome Teel will meet you in McKenzie to discuss your bankruptcy options and create a plan to help you reach your goal of a financial fresh start. If meeting Jerome in McKenzie is more convenient for you than driving to Jackson, then please call our office at 731-424-3315 to schedule your appointment. We've helped thousands of West Tennessee families save their homes from foreclosure, save their automobiles from repossession, eliminate credit card debt and obtain a fresh financial start, and we look forward to making it convenient to help you!

01/03/2019

Did you make a New Year's resolution to get a fresh financial start? Are you ready to get out of debt? We are here to help. You don't need to wait. We can advise you whether chapter 7 or chapter 13 is a better option for you and walk you through the process. If you want 2019 to be your best financial year, then call us today!

08/21/2018

Foreclosure starts are on the rise for the first time in 3 years. If you are struggling to pay your mortgage, please contact us. https://www.wsj.com/articles/u-s-foreclosure-starts-rise-for-first-time-in-three-years-1534852128

Foreclosure starts rose in the U.S. in July for the first time in three years, as 44% of markets across the country saw increases.

08/15/2018

One of the most frequent questions we are asked when consulting with a client about filing for chapter 7 bankruptcy is: How long will I have to wait before I can qualify for a mortgage to purchase a house? Below is an article that contains great information about waiting periods for mortgages following chapter 7 discharge. Our experience with mortgages has been similar to what is reported in this article. However, there are some "non-conforming" lenders that may be able to provide mortgage financing sooner than reported below. Our best advice is to be diligent to improve your credit score following chapter 7 discharge and to personally visit with a local mortgage broker to obtain the latest mortgage requirements. If we can help answer any questions, please don't hesitate to call. Here's the link: https://themortgagereports.com/20664/bankruptcy-foreclosure-waiting-period-mortgage-after-bankruptcy

Getting approved for a new mortgage after bankruptcy can happen in as little as one year.

08/13/2018

Waiting to file bankruptcy may be more damaging than filing now. Filing for chapter 7 bankruptcy will eliminate debt and allow you to begin to rebuild your credit score quicker. It will also remove the burden of financial stress and make the collection phone calls stop. Below is an article that discusses the financial problems caused by delaying the decision to file. If we can help or if you have more questions, please contact us. https://www.usatoday.com/story/money/personalfinance/2018/06/20/financial-damage-why-waiting-file-bankruptcy-can-hurt-you/715663002/

08/10/2018