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Do you find yourself overwhelmed by how much you owe in student loans? You may be like the many Tennessee college graduates who left school and entered the real world, only to find themselves dealing with an enormous amount of debt within a few months of…
Tennesseans who have reached the point in their financial struggles that they decide to move forward with a Chapter 7 bankruptcy must be aware of certain facts about filing. For example, there might be a misplaced belief that the debtor is automatically entitled to a discharge…
While many Tennessee families are able to make ends meet, there are a percentage of Chattanooga residents that are struggling to get through the day due to the state of their finances. It can come to a point where it feels like you or a loved…
Divorce can bring significant financial changes, and for some Tennessee residents, it can set the stage for significant financial hardship. Parents ordered to pay child support may find that it is difficult to keep up with their financial obligations, despite the best of intentions. If you…
When things go bad, they go really bad. So, when a person gets behind on some of their bills, they usually get behind on all of them. And that means an assortment of unhappy creditors, including the bank that holds the mortgage on a Tennessean’s home.…
When people reach a financial situation where they have to consider bankruptcy, there can be a lot of fear and uncertainty. What of their assets are they allowed to keep? Will filing for Chapter 7 or Chapter 13 result in a loss of home equity or…
If you are facing foreclosure on your home, it is important to understand the basics of the process and your options. When will I be notified of a foreclosure? The financial institution foreclosing on your home must mail a notice to you before they list your…
Many parents dream of being able to send their kids off to a good college, and not have them worry about massive debt when they graduate. In some cases, parents align their financial priorities to pay for the tuition bill at the expense of their own…
In the past two articles, we have provided an overview of Tennessee bankruptcy discharge and discussed property exemptions. Today’s post will address a two-part question: does a debtor have the right to discharge debt; and to what extent, if any, can a creditor object to the…
Tennesseans buried in a deep debt hole likely have heard of Chapter 7 bankruptcy, an option that can seemingly make debt disappear as if it never happened. But what is Chapter 7 and just how thoroughly does it erase a debtor’s ledgers? To learn more, read…
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