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When your debt spirals out of control, you may begin searching for solutions as to how you can fix it. You may think about filing for bankruptcy as a potential means of getting your affairs back in order. You may, however, have concerns about whether filing for personal bankruptcy will result in you losing the

Bankruptcy filing means you concluded that you need help getting rid of some or all of your debt. With credit card accessibility climbing and the average income remaining stagnant, it is not a surprise that consumers find themselves deep in debt. Under Chapter 13 bankruptcy, you agree to pay back a portion of your debt

There’s a stigma associated with filing for bankruptcy, with many people assuming that those filing have simply mismanaged their finances or used their credit cards too freely. However, bankruptcy is a solution that most people avoid for as long as possible, and only enter into it because they have no other choice. The fact that they

Getting out of debt can feel like an uphill battle, but it can get much easier with a smart debt repayment plan. You do not have to be a professional in debt relief to dig yourself out of significant debt. Simple solutions are available. The snowball debt relief method is proven to work if you

Debt is often crippling for Tennessee families. According to a recent report, on average, Tennesseans have more debt than they earn. That is, residents of the Volunteer State make roughly $52,400 per year while owing 108% of their incomes to debt. As you likely know, debt is often part of life. Unless you have limitless

Many people living in Tennessee suffer from some form of debt. In fact, one recent report indicated that nearly 70% of the state’s population have some amount of medical debt. The state leads the country in medical bankruptcies because so many people are unable to repay the debts on their own. You may be hesitant

If you find yourself in serious financial difficulties and have begun to consider filing bankruptcy in Tennessee, you probably have many questions. Your most basic question likely is which type of bankruptcy you should choose. As you might expect, both Chapter 7 and Chapter 13 give you certain advantages. Each type, however, also brings with

Suffering a serious injury or dealing with severe illness is devastating on its own. The high medical bills you receive as a result of diagnosis and treatment only exacerbate the stress. You may not have any idea about how to afford these skyrocketing medical costs, especially if you are experiencing lost income or reduced credit

The senior years of life are supposed to be free of financial struggles and come with a comfortable retirement. It is a time to worry less about money and enjoy the fruits of working for so many decades. Unfortunately, this has become less of a reality for the aging American population. In fact, more and

A business entity or an individual borrower who is unable to repay creditors for loans, goods or services will generally file a court petition to declare bankruptcy. In some cases, however, U.S. bankruptcy laws under 11 U.S.C.§303 authorize creditors to force delinquent borrowers through bankruptcy court involuntarily. Perhaps the lender suspects the borrower of hiding