There are many consequences to owing a significant amount of consumer debt. You may be dealing with phone calls from creditors, past-due notices in the mail and even warnings of wage garnishment. If you are too far behind on your payments, you may feel as if there is...
If you are having trouble paying your bills, a wage garnishment may add insult to injury. After all, you may not want your employer to know about your financial situation. You also probably do not want to lose income from every paycheck to your creditors. Filing for...
Making the decision to file for bankruptcy is not an easy choice. Many people have a negative perception of this process, but in reality, it offers many benefits for those facing significant debt and past-due balances. Chapter 13 is a specific bankruptcy option...
These days, it is not unusual for someone to experience a downturn in income. For example, you might still be employed but only because you agreed to a cut in pay or a change from full-time to part-time work. If you are behind in your auto payments and are afraid...
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...
You may have thought of bankruptcy as the last alternative, something to avoid at all costs. However, unfortunate events sometimes occur and they can wreak havoc on even the most sensible budget. If you are considering bankruptcy, your biggest fear is likely...
When you realize that you don't have enough income to pay your bills, you probably know that you have to do something to change the situation. One option is filing for bankruptcy; however, there are many people who try to avoid doing this. They might feel as though...
Are you facing a wage garnishment due to unpaid debts? Filing for bankruptcy might put a stop to all garnishment activities. Bankruptcy is a very handy tool for consumers to use when they are saddled with debts that it will be impossible for them to pay. While many...
Dealing with financial problems can feel like constant emotional stress that hangs heavy on your shoulders. When dealing with this burden, you may notice that you find it difficult to take any action at all and that it is much easier to ignore the problem. Although...
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...
