In order to file for bankruptcy, individuals must first qualify. For Chapter 7, a means test must first be passed. This test utilizes personal information pertaining to income, expenses and other financial and personal factors to determine whether an individual will...
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Month: July 2016
Bankruptcy may be useful to Tennessee residents with medical debt
Facing medical debt is an issue that affects many Tennessee residents. The costs of treatments may cause individuals to wonder whether they could be treated without having to contend with serious financial burdens. Luckily, if patients do find themselves in stressful...
Christian Laettner Chapter 7 case may interest Tennesseans
It is not uncommon for individuals to become resistant to situations if they feel they have been pushed into a corner. Even if a potential suggestion could be beneficial, Tennessee residents may balk at an idea if they feel they are being forced into the decision....
Chapter 7 may help with student loan debt in Tennessee
Many individuals facing student loan debt may feel as if they will be stuck with it for the rest of their lives. It is not unusual for this type of debt to consist of hundreds of thousands of dollars, and some Tennessee residents may begin to wonder whether the...