Tennessee law allows you to keep some personal assets if you file for bankruptcy. You can access debt relief without losing the life you have worked hard to build. Review the exemptions you can retain if you file for bankruptcy in Tennessee. Homestead exemptions The...
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chapter 7 bankruptcy
Will bankruptcy affect my tax refund?
When you file Chapter 7 bankruptcy, it seems to turn your finances upside down. There are many rules that you must follow or you could end up in trouble with the court. The trustee in your case will give you instructions on various things, and what will happen with...
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...
How the bankruptcy means test determines Chapter 7 eligibility
When you file for personal bankruptcy in Tennessee, you typically do so through either a Chapter 7 or a Chapter 13 bankruptcy proceeding. There are some key differences between the two. A big difference is that a Chapter 7 bankruptcy may help you if you are working...
File chapter 7 and still keep your Tennessee home
Filing bankruptcy in Tennessee is a last resort, but it can help you get out from under overwhelming debt and reset your finances. Many people choose Chapter 13 with a three- to five-year repayment plan rather than discharge debt because they want to keep their home...
Depression, financial problems and bankruptcy
For those struggling with high levels of depression, daily life is tough for a host of reasons. Many people in this position experience problems in various facets of their lives, whether they have difficulty working or they are unable to stay in a relationship because...
Medical bills cause many to consider personal bankruptcy
An unexpected job loss may bring devastating financial conditions for many Tennessee residents, and the circumstances are often worse for individuals requiring medical treatments. For those employed, the effects of getting sick may also result in long-lasting...
Both spouses do not need to file bankruptcy
For those Tennesseeans dealing with debt, things may seem all wrong. With bills bogging you down, every facet of your life may become weighed down. Bankruptcy may seem like the proper course of action. Married couples dealing with money woes may believe that if one...
The Financial Tragedy Of Health Care in the United States
Healthcare consumers in the United States have been sending out rallying cries over the high cost of medical services, devices and prescription medications for decades. Proponents of the Affordable Care Act (Obama Care) were hopeful its enactment would lower the cost...