Will you lose your home if you file for bankruptcy?
When your debt spirals out of control, you may begin searching for solutions as to how you can fix it. You may think about filing for bankruptcy as a potential means of getting your affairs back in order. You may, however, have concerns about whether filing for personal bankruptcy will result in you losing the
Handling credit card debt through a balance transfer
Few U.S. families are strangers to debt of one form or another. From student debt to mortgages to the most insidious of them all, credit card debt, it seems many Tennessee residents owe money in one form or another, and for some households, that debt is becoming unmanageable. Thankfully, there are a variety of solutions
Stressed millennials could benefit from debt relief help
Consumers of all ages in Tennessee struggle with debt, but there are some who are carrying a more significant load than others. Millennials are a demographic that has more trouble with debt than other age groups, and for some, the financial burden can be unmanageable. Many of these individuals who are struggling with paying bills
Understanding the repayment plan under Chapter 13 bankruptcy
Bankruptcy filing means you concluded that you need help getting rid of some or all of your debt. With credit card accessibility climbing and the average income remaining stagnant, it is not a surprise that consumers find themselves deep in debt. Under Chapter 13 bankruptcy, you agree to pay back a portion of your debt
Extravagant weddings leave many needing debt relief
Engagement is an exciting time for Tennessee couples, but this excitement can cause some to make poor financial decisions. Many people want big, extravagant weddings, but not everyone can afford them. As a result, an engaged couple may buy things, pay for wedding services and pay for honeymoons on credit, leaving them entering their newly
Credit card companies want you to have more credit card debt
The main goal of credit card companies is not to protect the interests of the people using their cards. Their main priority is their own bottom lines, and they want people to have as much credit card debt as possible. This means more interest paid out over a longer period of time, which means more
Medical debt continues to be a problem for many Americans
Bills related to medical care and emergency needs are a significant financial burden for many in Tennessee and across the country. Even people with steady jobs, reasonable income and health insurance find themselves facing insurmountable medical debt after a procedure or just one visit to the emergency room. One problem is that many people don’t
A recession could bring trouble for those with credit card debt
People in Tennessee often use credit cards for many different types of purchases, including daily needs, vacations and even emergency expenses. There are many who are able to pay off their balances every month, but for some, it’s not so easy. For those who carry a large amount of credit card debt, the threat of
Getting ahead of credit card debt before the holidays
Most Tennessee consumers have credit cards, and many of them use their cards to pay for everything from things they need on a daily basis to emergency expenses. It is not surprising that the amount of credit card spending significantly increases when the holidays come around. People tend to spend more, buy presents and attend
How much medical debt can you discharge through Chapter 7?
There’s a stigma associated with filing for bankruptcy, with many people assuming that those filing have simply mismanaged their finances or used their credit cards too freely. However, bankruptcy is a solution that most people avoid for as long as possible, and only enter into it because they have no other choice. The fact that they