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If you are considering a Chapter 7 bankruptcy, you may dream of a future without financial hardships. Since access to credit is more of a necessity than a luxury, many filers wonder when they can obtain credit again – and if they should. Unfortunately, the many…
In a divorce, you have to divide assets and debts. If you and your spouse still owe money on a car that you purchased together, for instance, that vehicle may be both a debt and an asset. You have to decide how to deal with it…
When you’re faced with overwhelming debt, bankruptcy can be an invaluable tool for helping you get your head above rough financial waters. That said, it’s even better if you’re able to avoid financial troubles altogether. A bankruptcy filing can take time and, yes, money. If you’re…
Debt is a fact of life for most people. Whether you have a mortgage, student loans, car payments, or carry a credit card balance, you owe somebody something. Some people can manage their debt. For others, a financial disaster such as a medical emergency or the…
The student loan debt most people incur while in college can be large. Most students focus on graduating. Many are willing to take on large debt to make that happen. Often, that means not thinking about ongoing financial obligations. The worst choice is defaulting. If you…
People who are struggling with debt may be reluctant to file for bankruptcy protection because they are concerned about what it will do to their credit score. Unfortunately, there’s no way around it. Filing for bankruptcy will damage your credit score. The good news is bankruptcy…
When you first took out a mortgage on your home, you likely set up an escrow account with your lender. An escrow account is set up to take care of your property taxes and homeowner’s insurance payments. It can be easy to forget about this account…
Many people pursue a college degree for the promise of better opportunities, better pay and ultimately a better life. But at what point does the financial burden of higher education start to outweigh the benefits? According to Pew Research, Americans owed roughly $1.5 trillion in student…
When you first had a dream to become a Tennessee business owner, you might have spent hours upon hours thinking of your future and hoping to see that dream unfold someday. Perhaps, during the start-up phase, you even thought of quitting a few times, as is…
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