It is no secret that dealing with the burdens of debt can be a stressful and taxing experience. If you are staring down mountains of consumer debt, you could be experiencing a variety of hardships, and you might wonder how these issues will impact your financial...
Year: 2018
It may get easier to discharge student loans through bankruptcy
Many Chattanooga residents take out student loans in order to finance their higher educations. However, at present it is very difficult for Tennessee residents who hold federal student loans to eliminate those burdens in bankruptcy. That is because in order to do so,...
Bankruptcy during retirement can be scary without help
Many Tennessee residents have worked their entire lives to pay down their homes, build up their retirement funds, and prepare themselves to ride out their lives without the hassle and worry of everyday employment. For most, a well-executed plan can get them...
How the FDCPA can help you fight against unlawful collections
You never know when a financial crisis will hit, whether globally, nationally or on a much more personal level. You may be one of many in Tennessee who recently suffered unexpected job loss or faced a medical emergency, the associated expenses of which you were...
Do I qualify for Chapter 7 bankruptcy?
In order to determine if a person will qualify for the protections offered from Chapter 7 bankruptcy, he or she must carefully review a number of factors related to their financial situation. In order to successfully perform this analysis many individuals in difficult...
Credit card companies can raise interest rates on consumers
Every credit card that a Tennessee resident applies for and uses to make purchases comes with an interest rate. That interest rate is applied to the balance that a consumer carries on their card if they do not pay off their purchases in full at the end of each billing...
Homestead exemption is higher for older Tennessee residents
One of the biggest fears that a Tennessee resident may face when considering bankruptcy is the prospect of losing their home. Depending upon the form of bankruptcy the person chooses to pursue, they may have to sell off or liquidate some of their possessions in order...
Can I keep my car if I file for bankruptcy?
Although Chapter 13 bankruptcy allows a Tennessee debtor to keep their personal property and repay their creditors through a reorganization of their assets and income, Chapter 7 bankruptcy, to some extent, does not. In a Chapter 7 bankruptcy, a debtor is required to...
