Students all around the country and right here in Memphis, Tennessee face growing student debt. Many students are concerned about debt management after they graduate from college. As more and more students graduate with debt, more and more organizations are coming out...
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Debt Management
Debt management can help with student loans
In Memphis and across the country, recent college graduates are facing mounting debt from student loans. As 1 in 5 households experience student loan debt, many people may be looking for sources of debt relief. As millions of students head to college in America, many...
Alternative forms of debt relief for Memphis residents
In tough economic times, many people find themselves in debt. In Memphis, people continue to pay their bills late and may max out their credit cards as a result of financial difficulties. Some, however, turn to bankruptcy or other options for debt relief. Despite the...
Mortgage assistance could lead to other debt
In recent posts, we've discussed a number of foreclosure avoidance and debt relief strategies, as well as a recent trend in the housing market of short sales. Today's story alerts readers in Tennessee to a potential debt management issue they could be facing at the...
Creditor harassment draws legal scrutiny
In our last few posts, we've explored various aspects of debt collection activities by creditors. Today's posting discusses certain tactics by third-party debt collection firms which have drawn the scrutiny of governmental authorities. Since 2003, the number of...
Regional oil refinery benefits from bankruptcy filing
A regional oil refinery which filed for bankruptcy several years ago recently announced that it has scheduled production to restart this fall. Its story is an example of how bankruptcy can provide legal options against aggressive creditors and debt management issues....
Debt management still an area of concern for small companies
Tennessee banks that tapped a federal fund targeting small business loans have witnessed lending activity higher than the national average. However, according to the findings in a recent survey taken by a research firm, small business owners in Tennessee and across...
Foreclosure worries may strain Tennessee relationships
A recent study proposes a correlation between the current economic recession and divorce rates in Tennessee and across the country. Although the overall divorce rate in America has declined since the 1980s, data from the United States Census Bureau reflects an uptick...
Tennesseans may face increasing medical debt
As many Tennesseans face increasing medical costs, a recent article about the financial woes of the Medicare program may cause many to fear that their medical debt will soon become unmanageable. The article, authored by Tennessee Congressman Scott DesJarlais, noted...
New study ranks Tennessee personal credit 10th worst in nation
According to a recently released study by CardRatings.com, personal credit conditions in Tennessee are the 10th worst in the nation. The study based its findings on five criteria: unemployment, personal bankruptcies, average credit scores, credit card delinquencies...
