Month: December 2017
Credit card debt signals possible consumer crisis ahead
Numerous young adults in Tennessee and around the country are deep in debt. Some experts predict that many of these young people are not expected to pay off the huge tabs that they are creating. Part of the problem may be that many of those who are burdened with overwhelming credit card debt are also
Wage garnishment and protection from impoverishment
Tennessee residents are by no means immune to the economic strife and financial strains many others throughout the nation have experienced in recent years. Anyone who follows news concerning consumerism in America is likely aware that credit card debt is a major source of trouble in most states. In certain situations, a wage garnishment order
Debt relief through bankruptcy may help seniors keep their home
The financial problems faced by some seniors living in Tennessee and other states can be overwhelming. A couple in their mid-eighties who have amassed $50,000 in credit card debt and another $50,000 in medical bills, and with a home that is mortgaged, may find that the most sensible and effective debt relief remedy is a
Debt consolidation scam tactics
When you are in debt, bankruptcy is not your only option for debt relief. Perhaps you want to avoid bankruptcy at all costs. In your efforts to do so, you may find yourself the victim of a debt consolidation scam. How can you avoid falling for these fraudulent solutions? Here are few ways to spot
Credit card debt is a complex problem
According to the Federal Reserve, American consumers collectively owe nearly $1 trillion in credit card debt. Another survey found that individuals carry an average of $7,000 on credit cards. The reasons behind these high credit card debt loads are complicated, and no two Tennessee residents share the exact same set of circumstances. In some cases,