For people living near Memphis, bankruptcy can be a concerning financial event. The status of your car during bankruptcy can make a significant difference in the next steps, especially if you need your car for work, childcare, and other key day-to-day tasks. Chapter 7...
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Get A Fresh Start Through Bankruptcy
Year: 2022
What you need to know about bankruptcy fraud
Filing for bankruptcy can greatly reduce your financial stress and give you a fresh start in life. It’s important to follow the law when filing for bankruptcy in Tennessee since failure to do so is a criminal offense that can lead to a lengthy jail sentence. Here are...
Is Chapter 7 bankruptcy the right decision?
Many people go through financial straits for a variety of reasons, and often those are through no real fault of their own. They just become overwhelmed with debt while having limited resources to apply to their obligations. The result for many consumers in and around...
Debt relief company challenges
Memphis and Arkansas residents understand the burdens of a tough economy. Consumer bankruptcy is on the minds of many especially dealing with issues using a debt relief company. Financial woes force people to make tough choices to care for their families. Consumer...
How does bankruptcy affect your credit report?
Bankruptcy is a legal process that allows people or businesses who cannot pay their debts to get a fresh start by liquidating their assets and using the proceeds to pay off creditors. If you are considering filing for bankruptcy in Tennessee, you should first...
The relationship between bankruptcy and your credit score
Filing for bankruptcy may result in losing your car, Tennessee home or other assets, and taking such a step may also have a significant impact on your credit score. Typically, scores go down after seeking Chapter 7 or Chapter 13 protection from creditors. However,...
Chapter 7 bankruptcy and exemptions
When debts become overwhelming, it could be wise to look at monthly obligations compared to income. Tennesse residents might find themselves covering not only credit cards and loans but also mortgage payments, auto loans, food bills, insurance, and more. Some may...
Bankruptcy, debt and mental stress
Dealing with mounting debt could leave Tennessee consumers struggling to survive financially. Although some may approach things somberly, others may start to suffer from anxiety and depression. Such psychological stress seems understandable, as many never expected to...
How do cryptocurrency exchanges deal with bankruptcy?
Many individuals throughout Tennessee are investing in a new type of money: cryptocurrency. To capitalize on the popularity of this digital asset, many cryptocurrency exchanges now exist to help people trade and store all sorts of digital currencies. With that said, a...
Can you file for bankruptcy to alleviate medical debt?
financial worries can afflict any Tennessee consumer. If you have had an unexpected medical crisis, you could be left with significant debt. You might wonder if you can file for bankruptcy to alleviate your medical bills. Can you discharge medical debt in bankruptcy?...