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Individuals facing financial trouble will often seek numerous remedies before realizing that bankruptcy was specifically designed to help them find a path toward financial stability. Whether it is due to a divorce, medical emergency, job loss or emergency home repair,...
Home Ownership
Understanding the two types of foreclosure
Foreclosure is a legal route lenders can use to repossess mortgaged properties as a way to recover the amount of a defaulted loan. During foreclosure, the lender takes ownership of and sells the home. Lenders may use one of two types of foreclosure in Tennessee to...
Get help to save your home by choosing bankruptcy
If you're in a difficult financial position, you may be thinking about applying for bankruptcy. Bankruptcy can be an excellent way to help you get better control of your finances, and it has a number of benefits. In fact, once you begin a bankruptcy, collections...
Bankruptcy doesn’t mean you will lose your house
The financial circumstances people experience are often largely out of their control. No one decides to become sick with a severe and debilitating condition that keeps them from working. Similarly, no one hopes to wind up in a car accident that leaves them with...
Bankruptcy could be your answer to foreclosure
If you are falling behind on your mortgage payment for your Memphis home, you are not along. Americans all across the country have found themselves in a downward spiral of debt that includes foreclosure notice. While some lenders will make an effort to work with you...