by Ben Sissman, Attorney at Law | Aug 31, 2012 | Debt Management, Firm News
A recent study proposes a correlation between the current economic recession and divorce rates in Tennessee and across the country. Although the overall divorce rate in America has declined since the 1980s, data from the United States Census Bureau reflects an uptick...
by Ben Sissman, Attorney at Law | Aug 29, 2012 | Chapter 13, Firm News
When a consumer in Tennessee files a chapter 13 bankruptcy petition, the court typically appoints an impartial trustee to administer the case. After a payment plan is approved by the court, the appointed trustee is responsible for collecting payments from the debtor...
by Ben Sissman, Attorney at Law | Aug 23, 2012 | Asset Forfeiture, Firm News
The Federal Housing Finance Agency recently announced new guidelines intended to streamline the process by which mortgage services may qualify eligible borrowers for a short sale. A short sale occurs when a homeowner sells for less than the amount he or she owes on...
by Ben Sissman, Attorney at Law | Aug 22, 2012 | Debt Management, Firm News
As many Tennesseans face increasing medical costs, a recent article about the financial woes of the Medicare program may cause many to fear that their medical debt will soon become unmanageable. The article, authored by Tennessee Congressman Scott DesJarlais, noted...
by Ben Sissman, Attorney at Law | Aug 17, 2012 | Debt Management, Firm News
According to a recently released study by CardRatings.com, personal credit conditions in Tennessee are the 10th worst in the nation. The study based its findings on five criteria: unemployment, personal bankruptcies, average credit scores, credit card delinquencies...
by Ben Sissman, Attorney at Law | Aug 16, 2012 | Asset Forfeiture, Firm News
A recent foreclosure proceeding against former NFL player Terrell Owens illustrates that, in this time of recession, asset forfeiture has begun to affect higher-end homes in Tennessee and nationwide. The former NFL wide receiver last played for the Dallas Cowboys in...
by Ben Sissman, Attorney at Law | Aug 9, 2012 | Credit Card Debt, Firm News
Several recent tabulations suggest that the economic recession may have produced a shift in the habits of consumers in Tennessee and across the country, possibly including their approach to debt management and credit card spending. The first report, recently issued by...
by Ben Sissman, Attorney at Law | Aug 6, 2012 | Chapter 13, Firm News
Tennessee readers might be surprised to learn the identity of one consumer’s Chapter 13 bankruptcy filing. The woman, who utilized the bankruptcy code’s legal protections in order to avoid foreclosure and other enforcement collection actions against her,...
by Ben Sissman, Attorney at Law | Aug 1, 2012 | Credit Card Debt, Firm News
Consumers beware: although paying with plastic may be convenient, it comes at a cost. Compared to other loan industries, credit card interest rates remain disproportionately high. Between 2007 and the end of the first quarter of 2012, the average interest rate for...
