Because they make excellent companion animals, dogs are commonplace in Tennessee and across the U.S. In fact, the American Veterinary Medical Association estimates that almost 40% of all American households have at least one pooch. Still, because of food, medical...
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Get A Fresh Start Through Bankruptcy
Chapter 7 Bankruptcy
Taking steps now may prevent foreclosure on your home
Like many Americans, you may be taking advantage of current mortgage forbearance protections. Unfortunately, once your forbearance period is over, you may have to begin making payments again, including repaying delinquent amounts. Restarting monthly mortgage payments...
How may I refinance a mortgage loan after bankruptcy?
The type of bankruptcy you file may determine how soon you could apply for a new mortgage loan. While the record remains on your credit report for up to 10 years, you may apply for certain types of mortgage loans within a few years after a discharge. A Chapter 7...
What happens after you file for chapter 7 bankruptcy?
Separating truth from fiction regarding bankruptcy can be a daunting prospect, and fear of the unknown stops many Tennessee residents from filing Chapter 7. Understanding what happens after you complete the process can help you decide whether it’s the right option for...
What happens to back taxes in bankruptcy?
Eliminating tax debts is not as easy as debt relief company commercials make it seem. The Internal Revenue Service (IRS) or overseeing state only discharges tax debt in special circumstances. Typically, bankruptcy does not wipe out most past due taxes. However,...
What happens to medical bills in bankruptcy?
You may feel overwhelmed with debt. Especially, since you faced an unexpected knee surgery last year, which also required several sessions of physical therapy afterward. You may wonder if you should consider bankruptcy. But will it wipe out the thousands you owe in...
What can you keep in Chapter 7 bankruptcy?
Bankruptcy is the lifeline that many people rely on to pull them out under from crushing financial debt. Without this option, many people would lose everything while achieving nothing. While bankruptcy clears the slate for people and allows them to start fresh, it...
Will Chapter 7 discharge your recent credit card debt?
One of the reasons you may be considering filing Chapter 7 bankruptcy in Tennessee is that you believe Chapter 7 discharges your credit card debt. But is this always true? An article in Bloomberg News reported that the court may not discharge your recent credit card...
Can bankruptcy discharge all debt?
As a resident of Tennessee, you have several options available if you decide to file for bankruptcy. Chapter 13 and Chapter 7 are the two most commonly talked about. However, before you file for bankruptcy, you should understand that not every debt you hold may be...
Are women vulnerable to financial troubles after a divorce?
Getting a divorce is difficult enough without experiencing money problems on top of it. Unfortunately for many residents of Tennessee and elsewhere, financial peril is common after a divorce. As you may already know, this can be especially true for women. Forbes...