Chapter 13

Several financial experts have predicted that the U.S. Federal Reserve's decision to raise interest rates on Dec. 14 may be a signal that the era of historically low borrowing costs is drawing to a close. While the modest quarter point increase may not be a cause of...

Tennessee residents may file for bankruptcy more than once in their lifetime. However, a bankruptcy court can choose to bar a future discharge of debts in some cases. It is rare for a bankruptcy court to restrict future discharges, but a court will do so if a debtor...

Around the holidays, many people in Tennessee enjoy time at home with their families. Receiving calls from collection agents at this time could put a damper on the jovial mood. While collection agents are not allowed to call at inconvenient times, there are no...

Tennessee residents who struggle with debt might wonder what other repayment options exist. In addition to credit counseling, one could also enlist the services of a debt negotiation firm. These debt companies attempt to help with an individual's debt obligation by...

Identity theft is a risk for people in Tennessee, especially for those who own credit cards and regularly travel in crowded areas. One of the easiest ways for an identity thief to obtain a victim's credit card information is by using a card-skimming device that steals...

People in Tennessee who have pawned some possessions prior to filing for Chapter 13 bankruptcy might be able to pay off those loans and get them back, but it depends upon the jurisdiction and when the items were pawned. In Georgia, a man pawned his vehicle and then...

Tennessee residents who are being contacted by debt collectors should be aware of old obligations that are being pursued. This can include forgotten debts as well as debts that are beyond the statute of limitations, had already been resolved or discharged through...

Federal bankruptcy laws distinguish between secured debts and unsecured debts, and the distinction can make a big difference for Tennessee residents considering petitioning under Chapter 7 or Chapter 13. How a debt is categorized impacts the options the debtor and the...

Tennessee residents who are thinking about filing for bankruptcy should be aware that there are several procedures that must be followed. A bankruptcy court has ruled that five debtors in California altered their Chapter 13 bankruptcy model plans in a manner that...

Tennessee residents may know that credit card debt is a problem for many people. Big balances combined with high-interest rates can lead to financial difficulties, especially if a sudden illness or job loss should arise. On average, Americans carry over $5,000 in...