According to recent statistics, American consumers have reached a new milestone in the accumulation of household debt. Researchers place total household debt at $12.7 trillion, which is more money than was owed at the peak of the 2008 credit bubble. That previous high...
Month: May 2017
Benefits of bankruptcy for entrepreneurs
As a small business owner, you embody the American dream of pulling yourself up by your own bootstraps. However, with so many factors beyond your control, it is all too easy to become one of the 20 percent of new companies that do not make it through their...
Chapter 7 bankruptcy and the Affordable Care Act
It is difficult to turn on the television or open a newspaper without being bombarded with opinions surrounding the repeal or replacement of the Affordable Care Act. A great deal of effort is being put toward finding a health care approach that will provide the...
Is Chapter 7 bankruptcy a good fit for senior citizens?
Virtually all Tennessee residents are aware of the need to prepare for their retirement years. In practice, however, many people fail to make adequate preparations, and find themselves in dire financial straits during their later years. Others are simply victims of...
Tips for avoiding serious problems with medical debt
Anyone can find themselves in need of urgent medical care, whether through an unexpected illness or injury. Being faced with a serious health concern is a stressful matter, and one that can be difficult for Tennessee families. Once the patient has been stabilized and...
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