The state of Tennessee has been hit hard by the unsettled economy, and many have been put in a situation where bankruptcy is the only way out. Others have tried to delay proceedings by borrowing against the future, heavily relying on their credit cards and taking on...
Month: February 2012
Forced arbitration case accuses financial companies of collusion
There are so many Tennessee residents dealing with the prospects of a personal bankruptcy case. A bankruptcy filing can discharge certain debts and stop harassing calls from collectors. Some of these debts and calls are from credit card companies, many of which have...
Foreclosure or reprieve: varying ways Chapter 7 affects your home
Filing for bankruptcy seems like a complicated procedure, and it certainly can be without proper legal representation support you throughout the process. If you secure a reputable attorney, however, with experience in the area of bankruptcy, your Chapter 7 filing can...
Kodak’s falling stock price ruins employee’s retirement plans
There is a wide-reaching effect on employees, board members, owners and customers when a company decides to go bankrupt. When a business declares bankruptcy, there are a variety of side-effects that impact people associated with the company. Customers lose confidence...
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