Stop Worrying. It’s Going To Be Ok.
Regulators at the Consumer Financial Protection Bureau have announced that they are investigating the practices of payday lenders, which are banks and other organizations that make loans to individuals using a post-dated check as collateral to advance a paycheck. The...
For Memphis residents who have been through the bankruptcy process this year, the process of restructuring debt offers much needed relief from the stress of being unable to make regular payments. The bankruptcy process does offer finality and a clear resolution to...
With as many people as there are across Tennessee and the entire country struggling to pay their bills, it's no surprise that there are bad actors out there trying to take advantage of a bad situation. The story of what happened to one Tennessee woman should serve as...
One of the most important things that people in Memphis and elsewhere can do to avoid having to file for bankruptcy is to save a decent amount of money to get you through an emergency. Of course with the economy the way it is, it would have been impossible for many...
One thing you have to consider when filing for bankruptcy is that you have to be prepared to give an honest account of all your assets. If you are caught hiding assets in an attempt to avoid liquidating them or altering the amount of money you have to pay your...
One of the lessons that anyone can learn from filing for bankruptcy is to decide what is and wasn't important. For many people filing for bankruptcy under any chapter of the U.S. Bankruptcy Code, you will have to decide what you can sacrifice financially in order to...
A new report out is bad news for not just residents of Memphis, but all Tennessee residents. The new report indicates just how far credit scores have fallen for Tennessee residents during the last year. A bad credit score can have many negative effects on a person's...
Many in Tennessee may not be aware of another kind of expense that could cause you to have to file for bankruptcy when you didn't think you were going to have to. For many people, going to court is not cheap. There are attorney fees and court costs even if you win...
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...
Our Tennessee readers are no doubt aware of the harmful effects of the recession and the slow economic recovery. Just today the unemployment rate ticked up again. As a result, many people have had to use credit cards to make major purchases and pay their bills. This...
