Wage garnishment is a process by which a creditor can collect money directly from your wages. They can only do this by getting a court order, and then your employer is instructed to send that percentage of your wages to the creditor. This means that it is deducted...
Month: November 2022
Student loan debt forgiveness plan stalled by court challenges
Millions of Americans felt a sense of relief in August when President Joe Biden announced his long-promised student loan forgiveness program. It is designed to cancel up to $20,000 in loan debt for borrowers with Pell grants and up to $10,000 for those without them....
How do you avoid bankruptcy fraud?
Bankruptcy is a great financial relief program for people who’ve fallen on hard times. When debt becomes overwhelming - due to medical bills, interest or late fees - debtors often consider one of two forms of bankruptcy: Chapter 7 and Chapter 13 bankruptcy. Chapter 7...
5 questions you may have about bankruptcy
People who are going through financial difficulties might ultimately consider filing for bankruptcy. Making sure that you’re doing what’s in your best interests is important. The only way to do this is to ensure you understand the process and what it entails. Many...
3 things that might make you feel better about your bankruptcy
No one ever goes into bankruptcy proceedings feeling happy about their situation. On the contrary, most Tennessee residents feel pretty terrible that they reached a point where bankruptcy was the solution. Overwhelming debt can affect anyone and does not necessarily...
