Bankruptcy is a legal process designed to help residents of Tennessee and Arkansas regain financial control by eliminating all or part of their dischargeable debt. Filing bankruptcy has some immediate short-term impacts and long-term effects as well. It’s a...
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Month: March 2023
Credit card debts soars while savings plummet
Credit card debt is growing at an alarming rate in Tennessee and around the country. In the final quarter of 2022, the amount of money Americans owe to credit card companies increased by more than $60 billion to $986 billion. In January 2023, that figure rose by a...
How your credit score is affected after bankruptcy
Many Mississippi residents seek debt relief through bankruptcy. Bankruptcy is a legal process that relieves an individual of all or most of their financial debt obligations. Filing bankruptcy lessens stress over money, bills and constant creditor calls, but it also...