Bankruptcy not the only debt relief option
Debt comes in many different types, and individuals who hold debt can be in all sorts of different financial situations. Thus, each particular debt situation has its own unique characteristics. The unique characteristics of a person’s debt situation can impact many things for the person. For example, they can impact what particular financial struggles and
What debts are non-dischargeable in a Chapter 7 bankruptcy?
What impact a Chapter 7 bankruptcy would have on a given person’s debt load is dictated by several different factors. One such factor is what specific types of debt are within the person’s debt load. This is because not all debts are treated the same in Chapter 7 bankruptcy. For example, some types of debt
The bankruptcy type decision
Deciding to file for a bankruptcy is a big decision. Of course, when a person makes this decision, it is not the end of the important decision-making for them. In fact, it is often just the start. Many important decisions can arise during the course of pursuing bankruptcy protection. One of the big decisions a
Credit reporting agencies making changes regarding medical debt
When a person suffers a medical emergency, they can incur quite a bit in the way of medical bills. When these bills aren’t paid on time, it can have a variety of significant financial impacts on a person. For one, having bad medical debt can have negative effects on a person’s credit report. Federal estimates
Quite a few Tennesseans filing for bankruptcy
It appears that, currently, filing for bankruptcy is a more common thing for Tennesseans than it is for people from other parts of America. This is what a recent set of statistics indicates. The statistics regard per capita bankruptcy filing rates in the nation and the states. Reportedly, in the U.S. as a whole, the
Avoiding repossession when facing debt problems
Having more debt that you can handle can be a very scary experience. There are all sorts of worries a person can have in such a situation. One such worry is fear that some of their possessions may be repossessed. A person could potentially face repossession of a piece of their property if they fall