Category: Debt Relief
Will Chapter 13 bankruptcy provide needed financial 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 other expenses that make it difficult to meet financial obligations. When this happens, rather
Eligibility requirements and Chapter 13 bankruptcy
The struggle to keep up with expenses in today’s environment can be stressful. For a Tennessee resident, it may appear that there is no way to pay all of the necessary bills and still have money available for essentials and maybe even a little left over for “just in case.” While the individual wants to
Tennessee Homestead Exemption Simplified and Increased
When filing bankruptcy, one of the first questions an attorney will ask is, ‘How much equity do you have in your home?’ The amount of equity often caused a hardship on Tennessee residents who owned their homes when it came to their bankruptcy options. The homestead exemption is what protects a debtor from forcibly selling
Facing foreclosure?
The world is in a crazy place at the moment, and many people do not know how much more they can take. The thought of losing their home on top of everything else is too much to bear, but it is a reality many are facing. If you happen to be one of the many
Stopping contact from creditors and seeking debt relief
One of the most annoying effects of being behind on payments and owing a significant amount of debt is the constant contact from creditors. Phone calls, letters and other means of communication are commonly used as they seek to get payment. Potential changes in the law could affect how creditors operate, and it may compel
Should homeowners use equity for 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 not always the most prudent option for debt relief
Seeking debt relief that will provide long-term stability
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 Tennessee consumer to figure how to find debt relief and claim a
Don’t let your need for forbearance lead to foreclosure
Millions of Americans, many here in Tennessee, have needed help making their mortgage payments this year. Are you one of them? Did your need for financial assistance lead you to apply for and accept a mortgage forbearance? Don’t let your need for forbearance lead to foreclosure. A forbearance works in one of two ways. It
Creditor harassment and time-barred debt
The call seemed to come out of nowhere. In fact, a Tennessee resident may not really understand what was behind the call. The only thing that is clear is that there is a collection agency claiming that he or she owes money and is insisting that it be repaid. Is creditor harassment going to become
Creditor harassment can be a problem
The phone rings — again. Apprehension fills the air as the Tennessee resident worries about who is on the other end. Every day, numerous individuals face financial struggles as they attempt to pay their bills. These struggles are then multiplied as creditors start to call and creditor harassment becomes a problem. At times, these calls