Faced with overwhelming levels of debt, many Tennessee residents are unsure how things got so out of control. It is not uncommon for a borrower to sit down to review the full scope of his or her credit card debt and have little understanding of how that money was...
Month: July 2017
Debt management and debt reduction tips for millennials
On behalf of William E. Maddox Jr., L.L.C. | Jul 21, 2017 | Debt Management
Many Tennessee residents assume that debt problems are something that only impacts older Americans, and that young people have little to be concerned about when it comes to financial obligations. After all, most people in their early 20s have yet to purchase a home,...
Steps to take when issued a summons
On behalf of William E. Maddox Jr., L.L.C. | Jul 20, 2017 | Blog
Lawsuits are prevalent in the American legal system. In fact, information from Common Good states that each year in the United States, citizens file over 15 million lawsuits. Lawsuits can range in severity from frivolous to extreme. The plaintiff needs...
Can becoming a minimalist help achieve debt relief?
On behalf of William E. Maddox Jr., L.L.C. | Jul 12, 2017 | Debt Relief
In recent years, there has been a significant trend toward living a minimalist lifestyle. The definition of "minimalist" is difficult to pin down, but the overall concept is to set aside material things and focus on only those possessions that serve a purpose or bring...
Chapter 7 bankruptcy can be a good fit for many senior citizens
On behalf of William E. Maddox Jr., L.L.C. | Jul 6, 2017 | Chapter 7 Bankruptcy
No matter how hard an individual works, or how carefully they manage their money, there are a multitude of ways that financial issues can get out of hand. This is especially true for seniors, who face a unique set of challenges when it comes to financial security....
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