Most people in Tennessee have credit cards, and many people carry over at least some of their balance from month to month. However, there are some people who are not able to manage their credit card debt well, and they can quickly fall behind and come to a place where...
Month: February 2019
Chapter 7 Bankruptcy can be a lifesaver after a summons is served
When a lawsuit is started in Tennessee and other states, the papers must be filed in the court house and served on the person who is being sued. A summons is usually included with those papers, and it tells the defendant how and when to respond to the lawsuit. When...
Medical debt is a leading cause of financial strain
Medical care is expensive, and many in Tennessee lack the savings and financial resources to deal with an emergency. Just one illness or injury can cause a person to spend his or her life savings to keep up with the bills that quickly accumulate after a hospital stay...
Why more seniors are going bankrupt
The senior years of life are supposed to be free of financial struggles and come with a comfortable retirement. It is a time to worry less about money and enjoy the fruits of working for so many decades. Unfortunately, this has become less of a reality for the aging...
Options for individuals drowning in medical debt
A car accident, prolonged illness or other type of medical emergency can quickly wipe out a person's savings and lead to crippling and overwhelming bills. Many Americans carry medical debt, but for some, it can spiral out of control and lead to a financial crisis....
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