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Many people are concerned about the impact of a Chapter 7 or Chapter 13 filing on their credit scores, which always drop low after a bankruptcy is done. A lot of those consumers worry that it will be a long time before they can get a mortgage or another major loan....

For many older Americans, life has become harder to afford, and debt has become harder to manage. Findings from a recent study reported by the New York Times indicate that a big change in bankruptcy demographics illustrates a pervasive economic problem that many...

Most people struggling with serious debt will admit, under the right conditions, that it's stressful and horrible. They will do almost anything to escape the collections calls, threatening letters and constant fears and get to a place of economic peace. But what's the...

Many studies have suggested medical bills are the number one cause of bankruptcy in the United States. A 2009 study, coauthored by Sen. Elizabeth Warren and physician Dr. David Himmelstein, stated that over 60 percent of bankruptcies were a result of medical debt....

Millions of Americans live without health insurance, and tens of millions of others don't have adequate insurance to cover their bills if significant medical expenses come up. A CDC survey indicated that more than 28 million people under the age of 65 had no health...

Tennessee businesses fall into financial distress for a variety of reasons: economic downturn, risky investments and slow growth are just a few examples. Overtime, debts may accumulate and you may not see a way to repay your creditors. You know that you have a viable...

Nashville is known throughout the world as Music City because of the incredible proliferation of live and recorded musical artistry that has taken root and thrived here. While the music itself is alive and well, many Nashville businesses struggle with financial...

Living in serious debt can be an incredibly stressful experience. With the powerless feeling of not being able to pay your bills and the constant harassment from creditors, it can seem like a nightmare from which you can't wake up. Enter Chapter 7. For consumers who...

Most people think of Chapter 11 bankruptcy as a corporate vehicle, a way for companies to reorganize their debts and stay in existence. But did you know that people can file under Chapter 11? As rapper, entrepreneur and actor 50 Cent (officially known as Curtis...

If you're struggling to make your student loan payments, you have something in common with millions of other Americans. Even if you have a decent job, your student loans may be getting in the way of your ability to pay for necessities like housing, transportation and...