The Consumer Financial Protection Bureau is in place to field complaints from consumers and determine ways in which make their financial experiences better. However, those Tennessee residents who are plagued by considerable debt may not yet be protected from harassing...
Stop Worrying. It’s Going To Be Ok.
Chapter 13
Tennessee residents may look to Chapter 13 after holiday spending
Large meals, family gatherings and gift giving are often occasions that indicate that the holiday season is near. As a result, consumers may be spending more money than usual as they purchase ingredients for special dishes, make travel plans and search for presents....
Chapter 13 may be an option if prioritizing income is not enough
Many Tennessee residents who are burdened with debt are keenly aware of where their money goes. Even if money is being spent on necessities, there could be a nagging thought of how that income could be going toward outstanding balances. Prioritizing and delegating...
Bankruptcy filings, including Chapter 13, rise in Tennessee
As many consumers often find, their spending habits can occasionally exceed their income. When this occurs, debt accumulation beings, and if the situation is not handled quickly, it can very soon become almost unbearable. Many consumers, however, are already privy to...
Chapter 13 bankruptcy could benefit older Tennessee debtors
Many Tennessee grandparents wish that they had the ability to provide their grandchildren with anything they asked for. Some grandparents do have the means to make purchases for their families on whim, but other families are on strict budgets and wants must go unmet....
Chapter 13 bankruptcy may be right for Tennessee cancer patients
When faced with a life threatening illness, worrying about a financial situation should not be an issue. Unfortunately, for too many, the fight for their lives also becomes a fight to afford their necessary treatments. Chapter 13 bankruptcy could be an option for...
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...
Improving your credit score after filing for bankruptcy
Even as the economy shows signs of improvement, the Great Recession had a huge impact on Tennessee residents' finances, and many are still dealing with economic issues related to the downturn of the last few years. The unemployment rate is still high, underemployment...
Bankruptcies up in Memphis area in 2012
In a bit of mixed news that may not surprise many of our readers here in Memphis, Shelby County, Tennessee, had more bankruptcy filings in 2012 than in 2011. According to an analysis done by a local news organization, there were 12,471 filings in 2012, 50 more than...
2012 Chapter 13 and other bankruptcy filings down
All over the country and right here in Memphis, people continue to file for bankruptcy. Individuals continue to seek debt relief through Chapter 7 and Chapter 13 bankruptcy. However, in the year 2012, the number of bankruptcy filings is down. Recently, a report shows...
