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Chattanooga Bankruptcy Law Blog

Helping you tackle credit card debt

Even when a person makes a good living, financial troubles can make their way into his or her life. It is easy to charge items to a credit card. While this form of payment is useful in certain situations, it can get out of hand in…

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Country’s total credit card debt stands at $870 billion

Most people are not surprised when someone advises them not to rake up too much of debt on their credit cards, as repaying an enormous credit card debt can often bring about significant financial challenges. It seems, however, that many Americans, including many in Chattanooga and…

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Medical debt is a problem for many Tennessee residents

There are many events in life that individuals can successfully plan for. With consideration and time, some people can put enough money away to eventually leave their jobs and retire. Others may be able to save some cash so that they can help their kids or…

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Are you facing financial troubles that include tax debt?

In the past, you may have considered yourself someone who handles money well. Now, you wonder whether having that idea was correct because you have landed on hard financial times. Before you start beating yourself up, you may want to remember that numerous people face financial…

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Not everyone can file for Chapter 7 bankruptcy

Bankruptcy is a serious legal process that requires individuals to meet significant mandated tasks in order to eventually reach debt discharge. Those who file for Chapter 7 bankruptcy must agree to sell off some of their assets through liquidation in order to acquire enough money to…

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Tennessee first in the nation for medical debt bankruptcies

Tennessee is known for many of its positive attributes. Nashville is a hub in the music world, and the state’s natural beauty draws visitors from across the nation each year. However, despite the many great things that Chattanooga residents know about their home state, there is…

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Hiding your vehicle from repossession may add to your troubles

Owning a car is essential for most people. It is how they get to work, take their kids to appointments and manage dozens of responsibilities throughout a normal week. Without a vehicle, you might be in the embarrassing situation of having to bum rides, borrow vehicles…

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Is medical debt a problem for your family?

Medical costs in the United States are astronomical and many Tennessee families struggle to pay their bills when hospitals, doctors, and practice groups send their invoices and statements. Whether their bills derive from unexpected medical emergencies or standard appointments and procedures, individuals can find themselves buried…

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Who can file for Chapter 13 bankruptcy?

While many Americans may be moving through 2019 and holding strong to the financial resolutions that they made as the New Year came into being, others may be struggling to pay down their debts as they fight to keep their heads above the economic waters. Some…

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How the automatic stay may support a debtor’s needs

Bankruptcy is not an easy process, regardless of the route that an individual chooses to pursue to take control of their financial problems. A Tennessee resident who elects to use Chapter 7 bankruptcy to manage their debts may worry about liquidating their assets and whether they…

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