Chapter 13

There are many fees that a Tennessee consumer may have to pay when filing for bankruptcy. For instance, it may cost $1,250 to hire an attorney, and that money often needs to be paid in advance. The filing fee itself can range from $275 to $335 depending on what type...

Tennessee residents may be surprised to learn that Americans are now carrying a total consumer debt load of $12.8 trillion. That figure is a new record high, and it tops the $12.7 trillion in consumer debt carried by Americans in 2008. Auto and student loan debt has...

Many individuals and families in Tennessee struggle with their personal finances. in addition to trying to afford necessities, they also may be dealing with large amounts of personal debt. Recent research into the debt loads carried by many Americans show that this...

When deeply in debt, some Tennessee residents may try to avoid bankruptcy by consolidating their bills via another method. Debt consolidation loans are a common method, as are assets like retirements accounts or home equity lines of credit. These strategies may save...

Tennessee residents who are struggling with overwhelming bills may pursue debt relief by filing Chapter 7 or Chapter 13 bankruptcy petitions. While these individuals may be most concerned with their immediate financial situations and making ends meet, they should also...

Tennessee residents who believe bankruptcy is the option that best suits them may be interested to know that according to a bankruptcy court ruling, secured creditors are not allowed to file proofs of claim late. Generally, only unsecured creditors are required to...

Tennessee residents who have had their bankruptcy case dismissed may find it difficult to obtain an auto loan. They should understand the impact a bankruptcy dismissal can have on their future credit. Individuals who file for bankruptcy are required to adhere to the...

Tennessee residents may have heard about the Federal Reserve's decision to raise the federal funds rate to between 1 and 1.25 percent. This is the second time that rates have been raised this year, and a third hike could come later in 2017. For those with mortgages or...

Tennessee residents who are experiencing financial troubles have options for getting credit card debts under control. People with decent credit ratings could have the option of transferring debts to a new credit card that offers zero percent interest on balance...

When Tennessee debtors seek relief from overwhelming financial obligations by filing Chapter 13 bankruptcies, they enter into payment plans lasting either three or five years. Bankruptcy courts approve these payment plans as long as they are realistic and equitable,...