Home equity loans are generally referred to as second mortgages. If you are struggling to make payments on a second mortgage, it may be possible to file bankruptcy in an effort to have the debt discharged. Let's take a look at the process of filing for protection from...
Month: December 2020
Unfinished college degrees and the cycle of debt
If you have an unfinished college degree and a mountain of debt, you're not alone. Many Tennessee residents who have dropped out of college find it difficult to break out of the debt cycle that began while they were a student. Fewer job prospects without a degree...
Considerations before you file for business bankruptcy
It is difficult to run a small business, and you may find that your company is struggling financially. After a period of time, you might consider filing for bankruptcy as a way to keep your business going. In some cases, this is the best choice. Before you move...
The unseen effects of carrying a significant amount of debt
Owing a significant amount of debt is a stressful time for a Tennessee consumer. One of the most common consequences of this problem is attempts from creditors and debt collectors to get payment from the individual. They may send letters, call frequently, threaten to...
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