Student loan debt throughout Tennessee and across America has risen to more than $1.5 trillion. However, for those between the ages of 25 and 34, credit card debt is actually a larger burden. According to the 2018 Planning and Progress Study from Northwestern Mutual,...
Bankruptcies and debt problems: Common in the music business
Every professional musician knows it's difficult to succeed in the business. Instrumentalists, singers, songwriters, producers and engineers must keep their skills up and compete for good-paying work. Artists aside, there have been plenty of recent financial struggles...
The process of bankruptcy and why people file
With student loan debt on the rise and families struggling with the high cost of medical care, more households may be carrying an unmanageable debt load. Some of them may want to consider filing for bankruptcy. Most individuals will file for either Chapter 7 or...
Strategies for seniors struggling with burdensome debt
Financial troubles strike people in Tennessee at all stages of life. Seniors represent a growing group of debtors overwhelmed by too many bills and insufficient retirement savings or benefits. Rising health care costs increase the pressure on older people as well. A...
Thorough preparation necessary when approaching bankruptcy court
Tennessee residents overwhelmed by their debts could face additional stress if they make incomplete disclosures when filing for bankruptcy. Court paperwork requires that people detail every creditor and amount owed. A failure to inform the court about every debt and...
Bankruptcy and you, celebrities in debt, and other big stories
Nobody is immune to financial problems. That includes superstars of stage and screen, legendary pro athletes and business icons. And it includes you. In a recent piece from BusinessInsider.com, we are reminded that many celebrities from across different fields,...
Would a bankruptcy attorney ever tell me NOT to file?
Yes. If you're struggling to get out of debt and researching bankruptcy online, you've most likely come across phrases like, "Bankruptcy isn't right for everyone." But you may wonder, understandably, whether bankruptcy attorneys will actually steer unqualified people...
