Chapter 13 Bankruptcy

For Tennessee consumers, filing for bankruptcy is a difficult decision. But for those drowning in debt, it's the only option for relief. After making the choice to file, the next question is: Chapter 7 or Chapter 13? Both offer many benefits, but they do have...

When a Tennessee consumer seeks debt relief, he or she may choose bankruptcy. There are two main types of bankruptcy to consider: Chapter 7 and Chapter 13. Many choose Chapter 7 because it can be quick and easy, and virtually all debts are wiped out in a matter of...

  Many Tennessee residents take out home equity loans for necessities such as home improvements, large purchases and sometimes even to pay off other debts. This may seem like a good idea but issues arise when the loan is not paid on a monthly basis. Even f the...

  As the saying goes, there is nothing certain in life except death and taxes. Although a Chapter 13 bankruptcy filing won't necessarily kill a person, it is likely to negatively impact taxes. Tennessee residents looking to get rid of overwhelming debt may want...

For many Tennessee residents with overwhelming debt, student loans may be a contributing factor. As college tuition continues to rise, an increasing number of people are faced with the challenge of paying off overwhelming amounts of student loans. In addition, with...

A personal bankruptcy may be a Chapter 7 bankruptcy or a Chapter 13 bankruptcy. The purpose of a Chapter 13 bankruptcy is to reorganize debt, and Chapter 7 bankruptcy lets a filer liquidate assets to pay off creditors. However, if sufficient reason isn't given for a...