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June 2015 Archives

Chapter 13 may help Tennessee residents repay debt

Financial issues can be difficult for many Tennessee residents to face, and when they realize that their debts considerably outgrow their ability to pay, they may begin considering debt relief options. Chapter 13 bankruptcy is an option that some parties may wish to investigate. This could allow qualifying individuals to create a court-approved plan to repay debts.

Tennessee students could fall victim to credit card debt

When a young Tennessee resident goes to college, he or she may begin making personal financial decisions for the first time. In many cases, students may consider opening a credit card account in order to make purchases and build their credit report. However, individuals who are not conscientious about their card use could find themselves facing credit card debt issues.

Bankruptcy could help Tennessee residents avoid fund depletion

Throughout their lives, many Tennessee residents have worked hard to earn money and save for retirement. Unfortunately, many of these hardworking individuals may still find themselves facing mounting debt due to medical bills, emergency expenses or other issues. Luckily, bankruptcy may be an option that could potentially help individuals handle their financial issues without depleting retirement funds. 

Chapter 13 could be viable option for Tennessee residents

Many Tennessee residents may have experienced an instance in which they waited too long to make a decision and an opportunity passed them by or was made worse. When it comes to finances, it is important that decisions are made in a timely manner in order to keep monetary issues from becoming overwhelming. Unfortunately, some individuals may think that avoiding bankruptcy is a better option than filing for Chapter 13, but by putting off considering the option, a situation could continue to decline. 

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Ben Sissman, Attorney at Law
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Memphis, TN 38103

Phone: 901-730-4958
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