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February 2016 Archives

Debt relief options may help Tennessee residents enjoy retirement

When Tennessee residents face considerable financial difficulties, they may consider ways to cut back and save money. However, some of those methods may not be beneficial and could actually prove harmful. This may be the case for many senior adults who are struggling with debt in their retirement years. However, there are debt relief options that may be better alternatives. 

Chapter 13 may be beneficial to some Tennessee residents

Financial difficulties can strike at any time, and some Tennessee residents may find themselves facing a feeling of hopelessness as debt and other financial obligations continue to pile up. However, that hopeless feeling does not have to define one's life as there are various debt relief options that could help individuals escape such hardships. Chapter 13 bankruptcy could be one avenue that struggling parties may wish to explore.

Liquidation bankruptcy may allow exempt property in Tennessee

Tennessee residents who are considering bankruptcy may be concerned about some of their assets. This concern is understandable as some property can have sentimental or other personal value. One woman in another state was able to keep such an item even though she filed for liquidation bankruptcy.

Exploring bankruptcy may be helpful step for Tennessee residents

When Tennessee residents are facing serious financial hardships, they may consider filing for debt relief. Bankruptcy can be a viable option for many individuals who qualify, but the procedure can be complicated and time consuming. Therefore, individuals interested in the process may wish to discuss their situation with knowledgeable legal professionals who can offer assistance. 

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Ben Sissman, Attorney at Law
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Memphis, TN 38103

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