A recent publication reports that Americans put more on their credit cards in May than in any single month since November, 2007 -- around the start of the economic recession. Specifically, the Federal Reserve reports that consumer borrowing rose by $17.1 billion....
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Tennessee bankruptcy filings may be declining
According to a recent report, the number of consumers filing for bankruptcy or seeking other court protection from creditors declined by 13% in the first half of 2012. That's good news for consumers in Tennessee, which at 6.99% ranks among the top 5 states in the...
Famed movie poster seized in chapter 7 liquidation
It's not uncommon, particularly in this economy, for Tennesseans to have trouble making ends meet, even those who were previously wealthy or collected a lot of assets. Sometimes it becomes necessary for consumers to forfeit assets to pay off debts. A man who is a...
