608 Mabry Hood Road, Suite 202 | Knoxville, Tennessee 37932
Tips for managing your finances during a crisis
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 more quickly.
Whether or not someone’s financial situation has been affected over the past few months, several strategies can be beneficial, such as:
Overwhelming debt can have a crippling effect on a family’s finances, whether from medical bills, student loans or credit cards. In many cases, filing for bankruptcy can be the best option to reduce or reorganize debt, stop creditors from harassing you and restoring your financial health.
While many people are uncomfortable looking at bankruptcy as an option, in many cases, it allows families to keep their homes and be debt-free. An experienced bankruptcy attorney can help you consider whether it’s the best solution for your situation or offer a viable alternative.
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608 Mabry Hood Road, Suite 202
Knoxville, Tennessee 37932
William E. Maddox, Jr. LLC, Attorney at Law is located in Knoxville, TN and serves clients in and around Knoxville, Oak Ridge, Louisville and Anderson County.
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