Tennessee residents who struggle to pay off their financial obligations often consider seeking relief through certain debt management programs as an alternative to bankruptcy. One option is that of debt consolidation, in which the debtor either obtains a low-interest...
Month: October 2017
Five bankruptcy lies that you shouldn’t believe
Bankruptcy is a loaded topic. Many people have strong opinions about what it is and whether it's even ethical. But since they may be missing important information about bankruptcy, lots of struggling consumers believe lies that keep them from enjoying the incredible...
Helping Tennessee residents understand bankruptcy
An individual or business entity may opt to file for bankruptcy as a way to handle an issue related to debt or other financial difficulties. One of the most important things to know about bankruptcy is that there are different options available. For instance,...
How putting off Chapter 7 could be costing you thousands
Unsecured debt can grow into a serious problem in a matter of months. Very often the triggering event is a job loss, a divorce, an illness or another very expensive problem that busts your budget and creates a financial crisis, seemingly overnight. With their limited...
Equifax makes subtle change to reporting policy
Typically, Tennessee residents would need to contend with a Chapter 13 bankruptcy on their credit report for seven years. However, in the past, those who had an Equifax credit report may have had to deal with that bankruptcy for 10 years. This may have been true for...
Credit card debt, quicksand and escaping through Chapter 7
Credit card debt can feel a lot like quicksand, a volatile blend of sand and water that exists in real life, not just in old TV shows and movies. Quicksand looks harmless on the surface, but once you've fallen in, it can be very difficult to get out; asphyxiation,...
Curing your credit card disease: Bankruptcy vs. debt management
In many ways, consumer credit card debt is like a disease, a crippling ailment that afflicts people of all ages, backgrounds and income levels. But often a credit card problem is just a symptom of a more significant issue like a divorce, a job loss or business...