Chapter 7

According to a report from Lending Tree, 43 percent of Americans who filed for bankruptcy had a credit score of 640 or higher a year after their filing. That number increased to 65 percent for those who were two years removed from a bankruptcy. One of the most...

When people in Tennessee are struggling with insurmountable debt, they may consider personal bankruptcy as an option to find relief and escape from a crushing financial situation. However, they may also be concerned about the impact of bankruptcy on their credit and...

Residents of Tennessee might consider bankruptcy to be a last resort solution to debt. However, in some cases, bankruptcy could actually be a smart choice. The stigma associated with bankruptcy often causes people to avoid it by taking other steps to pay off debts....

The rules associated with filing for bankruptcy in Tennessee can be complicated. For example, a tax debt can be discharged in a bankruptcy under certain circumstances. However, this depends on the type of taxes owed, the priority the debt is given and how old the debt...

While nobody wants to file for bankruptcy, it can be a way to help a person overcome financial issues such as a medical expense or job loss. Those in Tennessee or elsewhere who need to file should work with a financial adviser to make a plan that will help them get...

The number of people who file for bankruptcy in Tennessee and throughout the country tends to increase in March and April. Reportedly, this is because those who have thought about bankruptcy finally have the money they need to hire an attorney. While it is possible to...

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...

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,...

Tennessee debtors who file for bankruptcy might be asked about various assets, but they are normally not asked to provide passwords to online accounts. However, two Chapter 7 bankruptcy trustees in Maryland have requested that debtors turn over their passwords to...

Tennessee residents who are considering bankruptcy should be aware of the importance of following the rules of the bankruptcy process. While bankruptcy is often a stressful time for those who may be struggling with overwhelming debt, this stress does not absolve the...