Bankruptcy

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...

Some Tennesseans, who are in considerable debt, continue to put off looking into bankruptcy because they’re embarrassed of the personal repercussions. While bankruptcy can be a stressful process, there is no reason you should be embarrassed about taking the steps...

One of the most telling signs of the health of the economy is the amount that consumers are spending. A positive sign is that people are spending more, with retail and food purchases topping out at over $700 million at the beginning of this year. This represents a...

Even the most successful and efficient of businesses can occasionally face financial issues. Sometimes these challenges are the result of the overall economy, while in other cases, the problems may be more specific to the individual company. One of the most critical...

Filing for bankruptcy can have significant effects on your credit scores, influencing your financial standing for years to come. The impact varies depending on the type of bankruptcy filed—Chapter 7 or Chapter 13. According to Statista, Tennessee ranked third in the...