Debt can become an overwhelming burden. At first, a little bit of debt does not seem like too big of a problem. In fact, debt is often necessary when the Tennessee resident decides to purchase a home or a car. However, sometimes circumstances change, and debt that was...
Month: June 2020
Tips for managing your finances during a crisis
On behalf of William E. Maddox Jr., L.L.C. | Jun 29, 2020 | Debt Relief
Many people have suffered a financial hit during the current health and economic crisis, and the last thing some may think of is looking for ways to save money. However, if you are able to save or reduce other costs, it will make a world of difference for recovering...
Will Chapter 13 bankruptcy provide needed financial relief?
On behalf of William E. Maddox Jr., L.L.C. | Jun 22, 2020 | Debt Relief
Sometimes income and expenses just don’t line up. In many cases, the Tennessee resident’s income is steady; however, something has happened and expenses have escalated. This can happen when there are unexpected medical bills, costly home expenses or any number of...
Should homeowners use equity for debt relief?
On behalf of William E. Maddox Jr., L.L.C. | Jun 8, 2020 | Debt Relief
Overwhelmed Tennessee homeowners may look to various sources for help when they are facing debt they can no longer manage. For some, it may seem like a reasonable solution to tap into their home equity to pay off debt and address specific balances. However, this is...
Wage garnishment: Here’s what you should know
On behalf of William E. Maddox Jr., L.L.C. | Jun 3, 2020 | Wage Garnishment
There are numerous circumstances under which an employed Tennessee resident may have to hand over a portion of his or her earnings as part of a legal procedure. This is typically considered a severe consequence that is used when someone is far behind in his or...
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