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Credit card debt remains one of the leading causes of bankruptcy. While the prospect of filing may scare you, doing so could also help you improve your credit over time. Yet, whether you file Chapter 7 or Chapter 13 bankruptcy, your credit score will take an immediate...

If you are preparing to file for Chapter 7 bankruptcy, you will also want to prepare for your 341 meeting. Also known as the "meeting of creditors," this is a mandatory meeting that you will generally attend between 21 and 40 days after you file your bankruptcy...

Life can be tough when you owe several creditors. Not only do you have to deal with paying your basic monthly bills, which alone can be difficult, but you are also trying to handle the stacks of letters and phone calls coming in from debt collectors. You and other...

Debt is a heavy burden that many people struggle with. Bankruptcy is a common option to help provide some relief from financial burdens. When contemplating bankruptcy, it is important that parties understand what all it entails. Exemptions are an...

The U.S. has already reached a new milestone in the first month of 2018. According to people at the Federal Reserve, the total amount of credit card debt in the United States has exceeded over $1 trillion. This is a new high, and it should be a wake-up call to...

When you are in debt, bankruptcy is not your only option for debt relief. Perhaps you want to avoid bankruptcy at all costs. In your efforts to do so, you may find yourself the victim of a debt consolidation scam.How can you avoid falling for these fraudulent...

If your life is in financial turmoil, you may finally be considering filing for bankruptcy. The problem is, you have some doubts and fears. These are probably preconceived notions that just need ironing out.While it is true that bankruptcy is not for everyone, there...

It is not unusual, and sometimes it is worthy and commendable, for Tennessee residents to try almost anything to avoid bankruptcy. After all, responsible adults generally want to pay their just debts. Often, people try debt management programs, which can come with its...

Student loan debt has gotten out of control. Over $1 trillion in student loan debt exists throughout the United States. Out of that number, approximately $22 billion belongs to people in the state of Tennessee, according to an article found in the Memphis Business...

Getting a credit card for the first time is exciting. However, you want to avoid becoming inundated in credit card debt. A report in USA Today states that overall, Americans hold an average of $3,600 in credit card debt. You want to fall well below that...