At one point or another, most Tennessee residents will face medical expenses. These expenses may be somewhat expected if an individual goes to the doctor for standard checkups, but in some cases, unexpected medical costs may arise if an individual has an accident or...
Stop Worrying. It’s Going To Be Ok.
Ben Sissman, Attorney at Law
Debt relief information may be beneficial in Tennessee
The idea that unmanageable debt comes on suddenly may be one notion that many Tennessee residents hold. It is not surprising that individuals may be caught off guard by debt, as a considerable number of people believe that they have a handle on their finances when...
Credit card debt can result from uninformed spending in Tennessee
As Tennessee residents know, credit cards can be a great form of assistance for many people. They allow for people to make more secure online payments as well as give people time to pay off more expensive purchases. However, credit card debt can quickly accumulate if...
Debt collectors still going after expired credit card debt
Many Americans racked up significant amounts of credit card debt during the recession and even years before then. While many have slowly been able to pay down their credit card debt, many people are still struggling with unpaid debt. The laws regarding credit card...
Tennessee borrowers beware of debt relief telemarketers
Tennessee readers who have been faced with overwhelming debt know how hard it can be to find a solution. People who have struggled with significant debt are familiar with the repeated calls, not only from creditors but from companies offering debt relief or...
Tax debt leads to bankruptcy filing for Grammy award winner
Grammy winning singer Dionne Warwick filed for personal bankruptcy recently, citing financial mismanagement and an overwhelming debt to the Internal Revenue Service. Her filing indicates that despite many years of success in the music business, Ms. Warwick has only...
Older Americans carrying significant debt into retirement
A recent report from the public policy institute at the AARP found higher credit card balances for Americans over the age of 50 than those under 50. In fact, Americans who are over 50 years old carry an average balance of more than $8,000. One significant factor,...
Zombie foreclosures haunt unsuspecting homeowners
The term zombie foreclosure conjures up visions of a house from a horror movie, stumbling around looking for a homeowner to feast on. The reality isn't too different - zombie foreclosure is a term used to describe houses that are in between owners and are not being...
State officials criticize agency over loan modification policy
Attorneys general from nine states sent a letter to the president recently asking that he replace the current acting head of the Federal Housing Finance Agency. The state officials are criticizing the acting regulator for the government-backed mortgage companies...
United States consumer debt increased at start of year
According to the Federal Reserve, Americans borrowed an additional $16.2 billion between December and January, mostly in the form of automobile and student loans. This brings the total amount of consumer debt up to $2.8 trillion, which is the highest it has ever been....