If readers of this Tennessee bankruptcy and debt relief blog are anything like other Americans then they are probably bracing themselves for their coming credit card bills. With the holiday season in full swing many people turn to their credit cards to make purchases...
What will filing for Chapter 7 bankruptcy do to my finances?
It is important that readers of this blog understand that their financial situations are unique. Individuals are advised that this and other articles on this blog are informational only and case-specific help should be sought from a bankruptcy attorney. However, there...
Options when a repayment plan is not confirmed by the court
There are many procedural steps that must be met in order for a Tennessee resident to successfully implement the repayment plan that they create through their Chapter 13 bankruptcy filing. Their plan must be feasible for them to follow and it must properly prioritize...
An automatic stay may not solve all your debt problems
The decision to file for bankruptcy is a big one. It may have taken you a lot of back-and-forth and stressful consideration before you decided that this option would likely best suit your debt relief needs. Your situation may have gotten to a point where creditors...
Is medical debt considered secured or unsecured debt?
Different types of debts can have different priorities. Depending upon the type of debt that a Tennessee resident holds, their creditors can pursue different methods of seeking the collection of the debtor's obligations. If a debt is secured then there is property...
Take charge of your debts in the New Year
With the holidays rapidly approaching and credit cards getting used with vigor, Tennessee residents may be afraid to see their bills in the New Year. It can be easy to let the spirit of giving drive one's desire to buy presents for the people who they love and who are...
What happens when I make late payments on my credit card?
When a new credit card bill arrives in a Tennessee resident's mail or a notification is delivered to their email account's inbox that they have a statement to review, a person can feel as though there is plenty of time for them to make their payment. It is often the...
Older Americans are filing for personal bankruptcy
Bankruptcy is not a problem only for young people. Tennessee residents may harbor the misconception that financial mismanagement during one's youth is the root cause of economic struggles. However, recent trends in bankruptcy filings suggest that even individuals who...
Tennessee law governs bankruptcy exemption options
Every day American across the country make the difficult decision to pursue bankruptcy to alleviate their financial obstacles. Whether they have fallen on hard times due to medical or credit card debt or have suffered the loss of their income due to a lay-off or...
Wage garnishment adds to your troubles
Receiving a warning that a creditor intends to sue you to garnish your wages may be the straw that breaks your back. You are already struggling each week to keep your home, your vehicle and the necessities of life. If you have children, you may feel overwhelmed trying...
