On behalf of Mark T. Young & Associates | Mar 10, 2020 | Chapter 13, Chapter 7
Medical bills are already a debilitating burden for many Americans. An estimated two-thirds of all bankruptcies are due to medical reasons – either high costs for care or work time missed – according to CNBC. What’s more, every year more than half a million families...
On behalf of Mark T. Young & Associates | Jul 11, 2019 | Chapter 13
While most people may hope to never have to file for personal bankruptcy during their lifetime, others may successfully use bankruptcy to turn around their financial misfortunes. In the event that they stumble back into monetary troubles after receiving their Chapter...
On behalf of Mark T. Young & Associates | Mar 21, 2019 | Chapter 13
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 debt...
On behalf of Mark T. Young & Associates | Feb 20, 2019 | Chapter 13
When a Chattanooga resident files for Chapter 13 bankruptcy they will be expected to use some of their income to pay off their debts over time through the execution of a repayment plan. As such, a person must have some disposable income that they can dedicate to this...
On behalf of Mark T. Young & Associates | Jan 17, 2019 | Chapter 13
Filing for Chapter 13 bankruptcy is the beginning of a lengthy legal process that may force an individual to face difficult truths about their financial situation. For example, one of the requirements of moving through the process that a Tennessee resident must...
On behalf of Mark T. Young & Associates | Dec 14, 2018 | Chapter 13
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...
On behalf of Mark T. Young & Associates | Nov 29, 2018 | Chapter 13
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...
On behalf of Mark T. Young & Associates | Oct 25, 2018 | Chapter 13
The loss of a family home to foreclosure can be a nightmare for a Chattanooga resident. Not only must they struggle to find a new place for their loved ones to live, but they must also contend with the serious financial repercussions that can follow foreclosure...
On behalf of Mark T. Young & Associates | Sep 13, 2018 | Chapter 13
Tennessee residents use the bankruptcy process to alleviate burdensome and sometimes overwhelming debts that they accumulate over time. For individuals who earn steady incomes, Chapter 13 bankruptcy can be a useful tool. It allows debtors to create repayment plans...
On behalf of Mark T. Young & Associates | Jul 11, 2018 | Chapter 13
Deciding to file for bankruptcy and to utilize the protections of the bankruptcy courts should not be done capriciously. A debtor must fulfill significant commitments in order to complete the process and to avoid further financial and legal issues that may result if...
