If you are one of the many residents in Tennessee who has struggled with high revolving credit card debt, you know the level of stress that can cause. You might be afraid to get your mail or email or to answer your phone due to fears that creditors are trying to get...
Month: July 2018
Massive debts prompt restaurant owners to seek Chapter 7
Most may assume that a Chapter 7 bankruptcy is something only individuals seek. The common assumption may then be that when businesses in Tennessee file for bankruptcy, they instead choose to file under Chapter 11. There may be logic in this line of thinking; after...
What are the penalties for missed credit card payments?
The prevalence of consumer debt in America may prompt you to believe that you should avoid having credit cards altogether. Yet financial experts in Nashville do not typically discourage having credit cards (on the contrary, many actually recommend holding three or...
Financial problems? Perhaps bankruptcy is a possible solution
Any type of financial decision you make requires an informed thought process and careful discernment. Especially if you're considering filing for bankruptcy because things have gotten a bit out of hand. It is critical that you research what types of options are...
Revoking a discharge from a Chapter 7 case
A significant portion of Nashville residents may presume that bankruptcy laws are misused. This likely comes from stories of celebrities or other people who are perceived to be "well to do" filing for bankruptcy yet continuing to enjoy seemingly lavish lifestyles. The...
Former governor’s first lady files Chapter 13 bankruptcy
It might be easy for those in Nashville who are struggling with debt to think that the answer to their problems is to simply make more money. This no doubt comes from the perception that an abundance of income can easily overcome one's liabilities. Yet there are...
Bankruptcy court must approve your Chapter 13 repayment plan
Many people consider bankruptcy an intimidating process. You may also hold this idea, and while it certainly is a complex legal process to go through, you do not have to feel so intimidated that you choose not to consider it a debt relief option. If you earn a steady...
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