The state of Tennessee has been hit hard by the unsettled economy, and many have been put in a situation where bankruptcy is the only way out. Others have tried to delay proceedings by borrowing against the future, heavily relying on their credit cards and taking on new debt to try and cover daily, weekly and monthly expenses.
There are so many Tennessee residents dealing with the prospects of a personal bankruptcy case. A bankruptcy filing can discharge certain debts and stop harassing calls from collectors. Some of these debts and calls are from credit card companies, many of which have been involved in a prolonged legal case accusing them of conspiracy.