Receiving a medical bill when uninsured is never fun, but at least it is expected. Receiving a bill when covered, however can be a huge surprise, especially if it is for an amount that is unaffordable. Unfortunately, this happens more often than people imagine and...
Month: January 2016
Lottery winners at larger risk for bankruptcy
Last week's record setting Powerball jackpot had three big winners. The only ones to come forward publicly so far are a couple from Tennessee. The Tennessee Lottery reports that the spouses will walk away with a lump sum cash payment of more than $300 million. While...
Many Americans embarrassed by their credit card debt
Of all the types of debt incurred by people in Tennessee each year, it appears that credit card debt carries the largest stigma. According to Time magazine, the average American household has over $15,000 in credit card debt and 70 percent of Americans think...
For bankruptcy solutions that work, go beyond Google
Like most people, you probably rely on Google or other search engines to find answers to your most pertinent questions. The days of heading to the library are rapidly dwindling, and looking up a reputable business in the Yellow Pages is a quaint activity you might...
Factors that affect your Chapter 7 eligibility
Each year, thousands of Tennessee residents make the decision to file for Chapter 7 bankruptcy. Indeed, Credit.com reports that Tennessee has the highest bankruptcy rate of any state in the nation. Those considering filing for Chapter 7 bankruptcy in...
How a parent’s medical debt can affect their children
Adult children with ailing or recently deceased parents may wonder if they can be held liable for any of their parents' unpaid medical bills. More than half of the states have laws in place regarding this issue known as filial responsibility laws. According to...
Protecting yourself from mortgage fraud
As people embrace a new year, they start planning out the goals that they want to accomplish. For some people in Davidson, they may feel that this is the year to get their finances in better shape. One way to do this is to restructure a mortgage or seek help from a...
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Thank you for that, as well as your entire staff. Remarkable.
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