This simple debt management tool can change one’s life
For Tennessee residents who’ve gone through personal bankruptcy, regaining control over their finances is often a top priority. There are tips and tools that can make that process easier. One of the most powerful is using software and apps to automate a monthly budget and pursue debt management goals. Signing up for an auto-pay service
Shake off those tired, old bankruptcy myths
If your life is in financial turmoil, you may finally be considering filing for bankruptcy. The problem is, you have some doubts and fears. These are probably preconceived notions that just need ironing out. While it is true that bankruptcy is not for everyone, there are advantages. To see these plainly, you need to get
Credit card debt ranks among common money mistakes
A recently published article looks at common money management errors people make at different stages of life. For many in Tennessee, credit card debt is definitely on that list. Unsurprisingly, credit card debt was also featured in the recently published article. People in their 20s are often just getting started in life, finishing school and
Chapter 7 bankruptcy for home-based businesses
It appears that many women who operated home-based businesses centered on selling Lularoe products have filed for bankruptcy. At least 24 Chapter 7 bankruptcy cases have been identified where the filer listed Lularoe as the business entity or part of the filer’s home-based venture. For those in Tennessee who own and operate a business from home, a
Medical debt can come on suddenly and ruin the best laid plans
Tennessee residents can make all the right choices and still face an enormous burden of debt. That is especially true when it comes to medical debt. There are cases where an individual works for decades, sets aside savings and makes wise choices in purchasing a home and accumulating debt. A sudden injury or illness can
Borrowing money can sometimes help with debt management
When most Tennessee residents think about managing their debt, they envision a system under which taking on new debt is absolutely forbidden. In reality, however, signing on for a new loan may actually improve one’s overall bottom line. That is especially true in terms of debt management and credit repair. An example is found in
A payday loan may not be a good substitute for bankruptcy
It is not unusual, and sometimes it is worthy and commendable, for Tennessee residents to try almost anything to avoid bankruptcy. After all, responsible adults generally want to pay their just debts. Often, people try debt management programs, which can come with its own set of risks but at times can be effective. When life,
Debt management and boosting your credit score
Most Tennessee residents are aware of the importance of developing and maintaining a positive credit score. This all-important number factors into virtually every lending decision, from securing a new auto loan to opening a new line of credit at a hardware store. For those in Tennessee who struggle with debt management, the impact that those
Taking care to prevent accusations of Chapter 7 bankruptcy fraud
Faced with mounting debt and a limited ability to repay those obligations, many Tennessee residents will consider seeking bankruptcy relief. For most, that process will be completely unfamiliar. Having never gone through a bankruptcy filing in the past, most consumers find the paperwork and other aspects of Chapter 7 bankruptcy overwhelming. While moving through the
Is Chapter 7 bankruptcy advice held back from some?
A recently published article takes a disturbing look at how bankruptcy services are made available to individuals who are in dire financial straits, and the picture that is painted is one of unfair treatment toward African Americans. The report focused on how African American residents in one Tennessee city were not counseled on their options