If your debt gets turned over to a debt collector you may experience numerous calls. However, some consumers still don't know their rights under the Fair Debt Collection Practices Act. It is beneficial to know how the FDCPA can help you deal with debt collectors in...
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How can you handle overwhelming credit card debt?
Tennessee consumers who have massive credit card debt might not know where to turn. There are steps you can take to alleviate this burden. Make more than the minimum payment Making more than the minimum payment can help when you have sizable credit card debt. If you...
How Chapter 7 and Chapter 13 bankruptcy differ
If you are struggling with debt as a Tennessee consumer, you might wonder whether filing for bankruptcy is the right choice. Before you decide, it can be helpful to understand the difference in Chapter 7 and Chapter 13 bankruptcy so that you will know what to expect...
The differences between Chapter 7 and 13 bankruptcy
Memphis residents who are thinking about filing for bankruptcy have several key decisions to make. However, the biggest decision may be whether to file for Chapter 7 or Chapter 13 protection. Let's take a look at the key differences between these two options and how...
Recognizing the signs of creditor harassment
If you are in debt and can no longer keep up with payments, you may be facing overwhelming stress, both financial and emotional. Unfortunately, you may also be dealing with constant creditor calls that make it difficult to focus on getting your life back on track....
How will bankruptcy impact my credit worthiness?
Filing for bankruptcy can be a double-edged sword. It is good because it allows you to regain control over your finances and get back on track. If you have large amounts of debt, it can remove that from your credit report, which can be beneficial to your credit score....
What are some warning signs of a debt relief scam?
In the event that you owe money, creditors have the right to hire debt collectors to encourage you to pay your debt. However, while the use of debt collection agencies is not illegal, there are criminals who might try to coerce you to pay ‘debts’ that do not exist. If...
How should you handle your finances after bankruptcy?
Bankruptcy gives you a fresh start to a more stable financial future. Maintaining the independence that accompanies a debt-free lifestyle will require careful planning. After the completion of your bankruptcy settlement, you may benefit from learning some strategies...
3 reasons to file for bankruptcy
When you are struggling with increasing debt, you are probably also struggling to decide what step to take to get out of this situation. You know bankruptcy is an option, but there is so much stigma attached to it. You may be afraid it will ruin your credit...