Bankruptcy does not have to be the end of the road for your business. In fact, your company may benefit from filing for Chapter 11 bankruptcy. If your company is facing financial challenges and is in danger of going out of business, filing Chapter 11 bankruptcy may be...
Month: June 2019
Debt relief for former Tennessee ITT Tech students
ITT Technical Institute closed all locations and filed for bankruptcy in 2016, leaving students with thousands of dollars in debt. ITT Tech was a for-profit institution that operated for nearly 50 years and had campuses around the country, including locations in...
Most bankruptcies linked to medical bills
Many people in Tennessee are struggling to make ends meet and falling behind on their bills. There are a number of issues that can contribute to financial troubles, from excessive credit card debts to sudden job loss. However, the most common single cause of personal...
Millennials are buried in credit card debt
Young people in Tennessee need to be careful with credit cards. When they take on credit card debt, it can be difficult for them to get out of debt because of the high rates of interest that card issuers charge. According to a report by CNBC, millennials have long...
Bankruptcy collections
When people living in Tennessee file for bankruptcy, they typically do so with the understanding that the automatic stay of bankruptcy, and eventual discharge of debts, will stop creditor harassment. Unfortunately, there have been cases in which a creditor has decided...