When a person is facing overwhelming credit card debt, some of the things that can come with that can include everything from wage garnishment to constant phone calls from creditors. Thanks to accumulating interest and minimum payments, it can be hard for a...
Month: December 2019
Who has the most credit card debt?
On behalf of William E. Maddox Jr., L.L.C. | Dec 23, 2019 | Credit Card Debt
Many people in Tennessee use credit cards for everything from daily purchases to emergency needs, such as medical bills. While many are able to manage their balances and make more than minimum payments each month, others may find they are not able to do this....
When medical debt and credit card debt go hand in hand
On behalf of William E. Maddox Jr., L.L.C. | Dec 16, 2019 | Medical Debt
When people have financial struggles, it is often for reasons beyond their control, such as a medical emergency or loss of a job. An unexpected illness or surgery can result in medical debt that a person cannot effectively manage on his or her own. As a result, a...
Is it possible to discharge student loan debt?
On behalf of William E. Maddox Jr., L.L.C. | Dec 11, 2019 |
Massive student loan debt is one of the rising economic problems in the United States. This debt now totals over $1.6 trillion, and many politicians have looked for ways to relieve students of this burden. For the time being, this debt is merely a way of life for many...
Southerners carry a greater burden of credit card debt
On behalf of William E. Maddox Jr., L.L.C. | Dec 10, 2019 | Credit Card Debt
Most people have credit cards, but many users are able to pay of balances each month or manage their balances to the point where they are not a problem. For many, particularly in the southern United States, credit card debt is unmanageable, leading to various types of...
Many people may need debt relief due to personal loans
On behalf of William E. Maddox Jr., L.L.C. | Dec 2, 2019 | Debt Relief
People take on debt for many reasons, but it is often because they feel it is the only solution to their current situation. For example, Tennessee families may end up with a lot of medical debt because of an unexpected emergency. One of the fastest growing...
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