Tennessee consumers may file bankruptcy if they see no way to pay their debts. Many consumers choose Chapter 7, which requires selling assets. However, they must pass a means test to qualify. How the means test works Congress made the means test part of the Bankruptcy...
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Month: May 2022
How to identify scam collection agencies
If you're in debt, you may get calls from third-party collection agencies. However, not all of these companies are honest, whether they are located in Arkansas or elsewhere. You should know the possible signs of a debt collection scam. Signs of a possible scam A debt...
Troubling bankruptcy myths
Memphis consumers whose financial situation becomes dire might think about filing for bankruptcy. Federal bankruptcy statutes allow Tennessee debtors to put at least a temporary halt to collection activities. Unfortunately, many would-be filers prescribe to false...