Stop Worrying. It’s Going To Be Ok.
'The times, they are a changin',' says a line from the classic Bob Dylan song. How fast they change and in what direction is still a matter of conjecture. Recent media reports advise that the country is in the process of an economic recovery that began late in 2012....
For Tennessee consumers considering filing for personal bankruptcy, the aftermath of the process is often a mystery. One issue that is often misunderstood is the changes that will be made to one's credit reports. After a Chapter 7 bankruptcy filing, many of the...
Tennessee continues to have one of the highest personal bankruptcy rates in the country. Personal bankruptcy often carries a stigma but filing for bankruptcy can help individuals who are drowning in debt. Bankruptcy laws help individuals with significant amounts of...
The foreclosure rate has declined in the U.S. during the last few months but for homeowners still facing foreclosure, the nightmare may be just beginning. A new study found that foreclosures can cause distress for many homeowners, threatening their mental health...
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 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...
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...
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,...
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...
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...
