Many people in the United States are living with a great deal of debt. Some people have struggled for many years and some people have debt that they acquired more recently. If the debt escalates and becomes out of control, the person may feel that the only solution is...
Bankruptcy
Which is right for you: Chapter 7 or Chapter 13?
When you get in over your head with debt, it can be very difficult to get out. Fortunately, lawyers with experience in debt relief can help. Depending on the details of the situation, there may be many strategies available to get your debt under control, but certainly...
What are common myths of bankruptcy?
Many of us struggle with financial hardships. Whether the difficulty comes from medical emergencies, sudden job loss, or anything else, even the most frugal people can find themselves suddenly overwhelmed with debt. Bankruptcy offers a solution for many types of debt,...
The differences between Chapter 7 and Chapter 13 bankruptcy
Financial difficulties can arise at any point in life. Sometimes they come on suddenly, such as when an individual needs an emergency surgical procedure, suffers the sudden loss of a job, or is financially devastated by a divorce. In other instances, though, money...
Debt makes us do things we normally would not
A former officer with the Central Intelligence Agency was recently sentenced to prison for spying for China. He claims it all started because he was in serious debt. This debt, which seemed impossible to get out of, made him do things that he would never have done had...
Did you know there is a debt awareness holiday?
Just about everyone in Tennessee loves and is excited for a good holiday. If anyone takes the time to look, they will find that there is a national holiday for something just about every day of the year. There is even a debt awareness holiday called National Credit...
Struggling financially? Bankruptcy may help your situation
As much as you probably hate to admit it, you are in a bad way financially. You have tried your hardest to correct the situation on your own, but things just do not seem to be improving. What can you do? The truth is, you are not alone. Numerous Tennessee residents...
Why health problems often lead to the need to file bankruptcy
Most people are aware that there is a medical debt crisis in this country. Millions of Americans have found themselves unable to provide for themselves and their families due to experiencing health problems that make it difficult, if not impossible to work. This leads...
Tennessee bankruptcy: Memphis residents drowning in student debt
Millions of Americans have taken out student loans in order to pay for their higher education. While improving and advancing one's education is a noble cause, most people who take out loans to do so end up struggling to pay them off. According to a recent report,...
Will my bankruptcy repayment plan be affordable?
Tennessee residents who are looking at debt relief options want to make sure that any route they choose will actually be of benefit to them. Take Chapter 13 bankruptcy for example. With this type of bankruptcy, one will need to make payments to creditors over a...