Bankruptcy

Deciding to use bankruptcy protection to deal with overwhelming consumer debt is just the beginning. From a consumer standpoint, "bankruptcy" generally refers to two types of proceedings for paying off, reducing and/or eliminating your debt: Chapter 7 bankruptcy and...

Christmas Tree Shops has more than 80 seasonal retail stores, including multiple locations in Tennessee. A company executive recently stated that inflation and several other issues have caused serious economic struggles for the popular home goods company. In fact, the...

There are many consequences associated with owing a significant amount of debt. In addition to the phone calls you may receive from debt collectors and creditors, you may find that falling behind on your payments could also result in threats of foreclosure, creditor...

Tennessee faces the same economic difficulties that most other states have experienced in recent years. If you own a business, a home, a vehicle or any other major asset, you might be worried about losing it if a financial crisis hits. Perhaps you are already past...

When people in Tennessee or throughout the country host special occasions for family and friends, they often purchase supplies and decorations from Party City. Prior to 2020, the party supply mogul was a multi-billion-dollar business. Since then, a financial crisis...

As many business owners in Tennessee can relate, a commercial property owner in another state has been experiencing serious financial problems. The property in question is home to numerous department stores, including brand names, such as JC Penney, Dick's and Belk....

Many Tennessee households include family members who are struggling with adverse health issues at this time. Medical care is expensive, even under the best of circumstances when a person has good insurance. What often happens is that medical patients cover their...

The average Tennessee homeowner can relate to a business owner's struggle to stay afloat financially when trying to juggle a mortgage, a car loan and credit card debt. No one is truly immune to such issues, as a financial crisis can arise at any time and often does so...

A company called Pharmapacks is one of the top sellers on Amazon. Its annual sales typically exceed $500 million. A recent headline announced the company's plans to liquidate assets and cease operations by filing for bankruptcy.  Financial trouble arose when company...