Month: November 2018
What would consumers give up in exchange for debt relief?
Dealing with the burdens of debt can be a harrowing process. With credit card debts surpassing the $1 trillion mark, it is an unfortunate reality for many individuals in Tennessee. Financial struggles can have a devastating impact on one’s life and leave a person in desperate need of debt relief. Recent studies indicate that consumers
Debt relief: Placing a low priority on debts can be risky
The financial expectations and priorities of individuals in Tennessee may differ, depending on their age. For individuals in certain age groups, such as millennials, paying down on debts might not always seem a high priority. However, carrying substantial amounts of debt for prolonged periods could be risky and may leave a person one emergency away
Credit card debt: Tips for first-time cardholders
Many individuals in Tennessee and elsewhere may be aware of the inherent risks of applying for and using a credit card. However, first-time card users might lack the necessary knowledge or experience to know how to use these accounts wisely. Experts suggest there are certain mistakes new cardholders make that could increase the chances they
When you file Chapter 13, you must also pay your taxes
According to the Internal Revenue Service, Chapter 13 is the form of bankruptcy individual filers generally choose if they have not been able to pay their back taxes. If Chapter 13 appears to be the right option for you, be prepared to square your bill with the IRS. How Chapter 13 works If you have
Holiday travel expenses may leave many in search of debt relief
The time is approaching when many individuals in Tennessee will get together with family and friends and celebrate the holiday season. For many, this also means creating a schedule and budget for holiday traveling. With recent reports indicating that many plan to use credit accounts to cover their expenses, holiday travel costs could leave some