Bankruptcy

Facing foreclosure can be a daunting experience for homeowners, but there are legal options that can provide relief. Bankruptcy is one such option that offers a way to temporarily halt foreclosure proceedings. Chapter 7 bankruptcy When homeowners file for Chapter 7...

Filing for personal bankruptcy is never an easy decision. Most people prefer to address their financial struggles without involving the courts. They hope to adjust their budgets or increase their income to regain control over their current debt-related challenges....

After filing for bankruptcy in Tennessee, you might feel a mix of relief and concern. Bankruptcy provides a fresh start, but the challenge lies in maintaining your finances to avoid future debt issues. Taking proactive steps can help you manage your finances...

Medical debt is a significant burden for many Americans. In 2020, U.S. health care spending reached $4.1 trillion, with individuals spending an average of $12,530 on medical care. Nearly one in five households couldn’t afford medical care when needed, according to a...

If you are considering bankruptcy, you might worry about its effects on your co-signers. Bankruptcy laws are designed to offer a fresh start to the filer and can sometimes extend protections to co-signers.  Knowing these protections can help you navigate your...

Wage garnishment happens when creditors take money directly from a person's paycheck to pay off a debt. This can create financial stress and make it hard to pay for daily expenses.  Filing for bankruptcy can provide relief from wage garnishment and give individuals a...

The legal system helps to protect people and businesses from a variety of different challenges. For example, the law protects the rights of those who loan money to others to collect on a valid debt. However, the law also limits certain types of collection activity to...

Divorce is a complex emotional and financial ordeal. Splitting assets, managing separate households and potential alimony payments can leave you feeling overwhelmed by debt. If you're struggling financially after your divorce, you might be surprised to learn that...

Every Tennessee married couple handles their finances in a unique manner. No two households are the same. In some marriages, one spouse handles all things financially related. However, this sometimes creates problems for the other spouse, especially if the spouse...

If you own a small business and are struggling with debt, you may be considering bankruptcy. While the bankruptcy process can be stressful, if you go through the process with an open mind and are willing to learn new financial habits, you may come out in a better...