Ben Sissman, Attorney at Law
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July 2015 Archives

Chapter 7 may relieve financial distress in Tennessee

When Tennessee residents begin to face financial troubles, they may wonder how they came to be in such a situation. Unfortunately, these situations can come about more quickly and unexpectedly than an individual may think. Sudden job loss, injuries or other emergencies could lead to parties facing considerable debt in a short amount of time. Luckily, Chapter 7 bankruptcy may be an option to explore.

Bankruptcy may benefit Tennessee residents with credit card debt

Many Tennessee residents may be hesitant when it comes to filing for bankruptcy. It is understandable as many individuals may lack the proper information when it comes to how bankruptcy can help parties who are plagued by credit card debt or unexpected medical expenses. Therefore, individuals may benefit from learning more about this debt relief option and how it may affect their situation.

Student loan debt and bankruptcy may interest Tennessee residents

Though many Tennessee residents may have hopes of going to college or utilizing the degrees that they have already earned, those hopes could potentially be tainted by the idea of student loan debt. Such debt can plague individuals long after graduating, and parties can have a difficult time paying back such loans. For individuals who are in tight situations due to similar circumstances, information regarding bankruptcy and student loan debt may be of interest.

Discussing debt relief may be wise before marriage in Tennessee

When individuals are in a relationship, they may begin thinking about the future of that relationship. If Tennessee residents are considering marriage, they may want to first assess the financial aspects of their lives. Some parties may have accumulated more debt than others, and there may be a hesitation from one or both parties to take on additional debt. Therefore, individuals may want to consider debt relief options before tying the knot.

Improving economy may cause credit card debt in Tennessee

The economic state of the country can play a considerable role in how Tennessee residents handle their finances. Because the country faced a recession, many individuals lowered their spending and credit use due to facing financial difficulties of their own. However, as the economy improves, consumer credit card debt has increased as individuals feel more confident With regard to their finances. 

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Ben Sissman, Attorney at Law
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Memphis, TN 38103

Phone: 901-730-4958
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