Ben Sissman, Attorney at Law
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April 2015 Archives

Co-signing a loan could lead to Chapter 7 in Tennessee

Some Tennessee residents who are financially stable may wish that they could help other individuals who may need financial assistance. Many parties know that children who are starting out on their own may have a difficult time meeting requirements for loans and other financial aid, and as a result, some individuals may feel that co-signing for a loan would be helpful. However, if the child does not take responsibility for that loan, a co-signer could end up in a difficult financial situation and possibly need to file for Chapter 7 bankruptcy.

Debt relief information may be beneficial in Tennessee

The idea that unmanageable debt comes on suddenly may be one notion that many Tennessee residents hold. It is not surprising that individuals may be caught off guard by debt, as a considerable number of people believe that they have a handle on their finances when they actually do not. As a result, they could be consumed with financial issues, resulting in the need for information about debt relief.

Unwise practices could lead to Tennessee credit card debt

Building up credit and having a good credit report is important to many Tennessee residents. However, it is important that individuals understand how to go about correctly and efficiently building their credit, or they could find themselves in serious financial trouble. Luckily, even if financial issues arise due to credit mistakes and credit card debt, parties may be able to get back on the right path.

Chapter 13 may help divorced Tennessee residents with debt

Divorce can be a wearing process for many Tennessee residents. Though they may feel relieved when the proceedings have concluded, it is important to remember that the decisions made during that time can have lasting results. In some cases, a choice that may have seemed worth it at the time could later have financial consequences that are difficult to handle. Consequentially, Chapter 13 bankruptcy may be an option worth exploring.

Unexpected situations could lead to bankruptcy in Tennessee

Though each Tennessee resident faces unique situations in life, there are similar circumstances that many individuals may find themselves facing. The circumstances could result in financial struggles due to their nature, and individuals should understand that these situations can affect anyone. If these burdens become too overwhelming, options such as bankruptcy may be able to help.

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Ben Sissman, Attorney at Law
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Memphis, TN 38103

Phone: 901-730-4958
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