Are your creditors allowed to harass you?
Life can be tough when you owe several creditors. Not only do you have to deal with paying your basic monthly bills, which alone can be difficult, but you are also trying to handle the stacks of letters and phone calls coming in from debt collectors. You and other Tennessee residents who are having financial
Actor Joey Lawrence turns to bankruptcy for debt relief
Taking a hard financial hit can cause anyone to struggle. In many cases, people who find themselves unemployed or bringing in a considerably lower income than previous years could easily wind up accruing substantial amounts of debt. Even celebrities can find themselves facing this type of predicament and may soon be on the look out
Credit card debt likely to increase as interests rates rise
Many people in Tennessee and elsewhere carry balances on their credit cards from one month to the next. Although credit cards offer a convenient form of payment, consumers who do not pay their balances in full each month incur additional credit card debt through the high interest rates many cards charge. Now, the federal government
Laws regarding unpaid medical debt in Tennessee
Whether as the result of a planned procedure or an unexpected emergency, most people will incur medical expenses at some point in their lives. However, health care costs continue to rise, and even with insurance, a person can become strapped with unpaid medical bills that will adversely affect their finances and make it harder to
New administration looking at possible student loan debt relief
Many individuals in Tennessee and elsewhere attend college to obtain a degree so that they can build a career in their chosen fields. However, the cost of college continues to rise each year, and many students are left with overwhelming debt in the form of student loans upon graduation. The current presidential administration is looking
Exempt and non-exempt property in bankruptcy
Debt is a heavy burden that many people struggle with. Bankruptcy is a common option to help provide some relief from financial burdens. When contemplating bankruptcy, it is important that parties understand what all it entails. Exemptions are an important part of the process, and there are certain factors that help determine whether property does or
Beware of scammers offering debt relief
Dealing with overwhelming debt is never easy, and many try to find solutions for their predicaments on their own that does not include bankruptcy. Instead, they seek other alternatives that they believe will be just as effective, such as debt consolidation. However, as one Tennessee woman recently found out, many companies exist that prey on
Credit card debt preventing many from saving money
For many Tennessee residents and others around the nation, it is difficult to save money for future needs. Those in the financial industry urge consumers to save for their retirements and for emergency needs as well. Unfortunately, those who have incurred a substantial amount of credit card debt are unable to put aside money for
Develop a plan to reduce credit card debt
The nation’s economy has recently been moving in a positive direction. This is a good sign for many Tennessee residents. However, there are many consumers throughout the country that continue to be burdened with substantial credit card debt. Reports from a lending exchange company show that over 40 percent of those with debt from credit
Wage garnishment is not the end of the road
Few things in life may be as frightening as learning that your wages are being garnished. When you are already facing nonstop bill collections and harassing creditors, suddenly bringing home a much smaller paycheck can be terrifying. However, you are not without options. In Tennessee, it is possible to stop wage garnishment and address your