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...
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Consumer bankruptcy
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...
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...
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...
How to refinance after consumer bankruptcy
Refinancing your home in Tennessee after you have gone through bankruptcy is possible. You may have to meet certain conditions to apply for a refinance, depending on the lender. Eligibility for refinancing The type of loan you have influences how long after the...
Getting a mortgage after bankruptcy or foreclosure
If you lost your last Tennessee home to foreclosure, it can be significantly harder to get a mortgage. Getting a home loan can also be difficult if you have a bankruptcy on your credit report. Fortunately, it may still be possible to get a home loan even if you have...
What to know about debt relief companies
Working with a Tennessee debt relief company may seem like an effective way to fix your financial issues. However, the truth is that doing so may not be enough to avoid a default, repossession or foreclosure. The following examines the potential problems that you may...
Common types of bankruptcy fraud in Tennessee
Many people and businesses in Tennessee consider bankruptcy as a last resort when they are drowning in debt. Though it damages your credit score for a few years, it gives you the opportunity to clear your debts and start a new or reorganize your business. However, the...
Common bankruptcy myths debunked
Bankruptcy in Memphis is a legal process to remove certain unsecured debts, such as credit cards and medical bills. However, it gets a bad reputation from the many myths that still exist. Myth: Consumers lose everything Many consumers file Chapter 7 bankruptcy, which...