As someone facing debt, you also face the possibility of debt collectors contacting you. In many cases, these debt collectors will stick to what is appropriate and will not overstep their boundaries. But sometimes, a debt collector might utilize tactics illegal under...
An option to consider if rental assistance does not help
Individuals experiencing serious financial hardship from a job loss may qualify for temporary rental relief. According to the Nashville Tennessean, a household may receive up to one year's worth of financial aid to pay past due rent. If an individual still finds it...
Do you believe these bankruptcy myths?
Maybe you still feel uncertain about filing for bankruptcy. Could believing in myths hold you back from experiencing financial relief? The American Bankruptcy Institute dives into common bankruptcy misconceptions. Do not let fairy tales stand in the way of doing the...
Can bankruptcy make it harder to find a job?
Filing for Chapter 13 bankruptcy or any other chapter might seem like your best bet to free yourself from burdensome debt. Even so, you may want to think about the effect bankruptcy will have on your future, such as whether filing for bankruptcy will make it harder to...
Mental hardships and the bankruptcy process
Whether you are struggling with dementia, have an anxiety disorder or are facing mental challenges due to a recent head injury, there are many ways in which your mental state can disrupt your life. If you plan on filing for bankruptcy or are already in the middle of...
Is Chapter 7 more common than Chapter 13?
When it comes to filing for bankruptcy, you have many issues to take into consideration if you are struggling with debt. It is important to understand how Chapter 13 differs in comparison to Chapter 7 and make sure you move forward with the strategy that makes the...
After filing for Chapter 13 you will attend the 341 meeting
After you file for Chapter 13 bankruptcy protection you will make an important stop on the way to resolving your debt: You will attend the 341 meeting. What kind of meeting is this and what will happen? About the meeting The 341 meeting is named after Section 341 of...
How are Chapter 7 and Chapter 13 different?
If you find yourself without a job due to the recent economic downturn and consequently facing serious financial difficulties, you may have begun thinking about filing bankruptcy. However, you likely have numerous questions about the types of bankruptcy relief...
What considerations go into creating the Chapter 13 repayment plan?
In Chapter 13 bankruptcy, you must prepare a repayment plan for your debts. You will work with the trustee in your case to create this plan. You must have a regular income to file this type of bankruptcy so that you have the funds to repay your creditors. According...
How does wage garnishment work in Tennessee?
Wage garnishment is a recourse that creditors take when you do not make regular payments on your debts. And while it can feel unfair and put undue pressure on your financial situation, as long as they get approval from the courts, these liens can pull a portion of...