Ben Sissman, Attorney at Law
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January 2014 Archives

Chapter 7 may be an option for Tennessee residents in debt

When a Tennessee household has significant amounts of debt to deal with, the burden can play a role in many decisions made on a daily basis. A parent may have to deny their children a certain privilege because they cannot afford it, or some individuals may not be able to purchase necessities due to the amount of debt they have accrued. In serious situations such as this, getting finances under control is of the utmost importance, and Chapter 7 bankruptcy may be a viable route as well as good financial practices.

Tennessee resident may still look for debt relief under ACA

With the Affordable Care Act, or ACA, being put into place, many Tennessee residents may have been under the impression that medical expenses may be reduced. Unfortunately, it has been reported that medical debt can continue to be an issue for many individuals even under the new insurance programs. As a result, seeking debt relief may still be an undertaking that certain consumers wish to explore.

Tennessee residents may show signs of too much credit card debt

Financial issues can become the bane of many Tennessee residents' existence. In many cases, credit card debt has them so overwhelmed that they may not know how to move forward from it. In other cases, the situation can be so burdening that those with considerable debt would rather ignore their situation than determine how to deal with it.

Tennessee residents may wish to explore debt consolidation

Many Tennessee residents know that the state of the economy depends largely on the actions of the consumers. If consumers are not making purchases and stimulating the economy, the situation can be quite a negative one. As many Americans have seen over the last several years, job loss and an unsteady economic situation have made it difficult to put trust in making significant purchases. However, as the situation sees improvement, more consumers are once against utilizing their credit but could possibly find themselves needing debt consolidation.

Medical debt could lead to property repossession in Tennessee

When a negative medical diagnosis is received, that situation could have a snowball effect by resulting in other negative circumstances. Accumulation of debt while attempting to be treated for a medical issue is a considerable problem that many Tennessee residents face. If the debt is added to already existing financial problems, some households could be at risk for property repossession.

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Ben Sissman, Attorney at Law
44 North Second Street, Suite 403
Memphis, TN 38103

Phone: 901-730-4958
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