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April 2014 Archives

Tennessee Treasurer comments on National Financial Literacy Month

Financial literacy is essential to managing money. In fact, financial literacy is so important that in the U.S. April is National Financial Literacy Month. While the Tennessee Financial Literacy Commission has tried to increase the focus on financial literacy over that last few years, the numbers suggest that there is still a lot of work to be done.

Reality television couple convicted of Chapter 7 bankruptcy fraud

Everyone has heard the famous saying "anything worth doing, is worth doing right." While this may sound like an odd application of the well-known idiom, it is as true when it comes to filing for bankruptcy as it is when applied to building a home or raising children. In fact, Tennessee readers may find the following blog about one well-known couples' recent financial woes after a court found them guilty of committing Chapter 7 bankruptcy fraud and why doing it right the first time is so important.

Bankruptcy exemptions and preserving retirement savings

Getting married is scary enough on its own but for older couples dealing with serious medical concerns it can be downright frightening. While the initial concern is clearly the health of the people we love, there are also practical concerns to address. Tennessee readers considering marriage but concerned about how a new partner's financial challenges might their retirement savings or their overall financial situation might find the following comments on bankruptcy exemptions helpful.

Is an inherited IRA exempt as retirement savings?

Bankruptcy is not a simple process. Whether you are dealing with Chapter 7 debt relief or debating a bankruptcy exemption with a bankruptcy trustee, it is important to have an attorney with experience and knowledge representing you. Tennessee readers might be interested in a recent Chapter 7 bankruptcy fight that got all the way to the U.S. Supreme Court.

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Mark T. Young & Associates
2895 Northpoint Blvd.
Hixson, TN 37343

Toll Free: 888-376-0282
Phone: 423-933-1606
Fax: 423-877-0363
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