Chattanooga Bankruptcy Law Blog
Can you protect your vehicle against repossession with bankruptcy?
You’ve been getting behind on your bills and struggling to make ends meet. You are frustrated by this, but you’ve done all you can to try to catch up. You even took a second job, just to try to catch up on your missed payments. Now, you’re worried that your vehicle is...
How To Recover From Credit Card Debt
The average household in Tennessee is over $7,000 in credit card debt. It was reported that at the beginning of 2020, the national total of credit card debt was over $1 trillion. Many Americans struggle with this type of debt and it can quickly become an overwhelming...
The convenience and risk of a cash advance
The main reason that people use cash advances is that they’re convenient and they appear to solve an immediate financial problem. For instance, you could be somewhere that only accepts cash, but you don’t have any on you. Using a credit card to get a cash advance...
What are the benefits of Chapter 13 bankruptcy?
We all know that bankruptcy helps people struggling with a severe financial burden, but did you know that there are multiple forms of bankruptcy? Each option benefits the applicant in different ways and can result in a unique outcome in the future. If you are...
Credit cards could worsen, not ease your debt problem
Have you ever noticed how credit card companies pop up when you are in financial trouble, acting like they are riding a white horse to your rescue? With a slash of your pen, they promise to help you escape the cash crisis you're currently facing. Well, credit card...
Bankruptcy Myth: Bankruptcy Destroys Your Credit
There are a number of myths surrounding bankruptcy that can scare people away from getting a fresh start and relief from overwhelming debt. One of the most common myths is that your credit score will never recover after filing bankruptcy. You might think that you’ll...
Rebuild your credit following bankruptcy with these 3 tips
You have struggled to pay your bills, and that has been reflected in your credit score. Now in the 400s, your score is nearly as low as it can be. You know that you won’t be able to get more credit, and you don’t see a way to improve your situation with any other...
What debts can bankruptcy discharge?
Mounting debts can make anyone’s life difficult. While you likely want to repay yours, you may lack the ability to. Yet, you may fear that some of your debts do not qualify for discharge. This may be the case, but it depends on the debts you have and the type of...
Is there any way to discharge student loan debt?
You’ve been struggling with debt for a long time. You owe over $500 in student loan payment every month, which is nearly as much as your $600 in rent. You have a job that pays decently, but with rent, utilities, your loans and other items that you need, you’ve found...
Millions of Americans struggle with medical debt
Of all the kinds of debt, medical debt is among the most shocking. When you go through an emergency, you’re focused on your health. You do what you have to do to be healthy again. You go without work and spend time focused on recovery. Then, the bill comes. Medical...
