The forgiveness of debts is an age-old value, but in some spans of history, hardly anyone was allowed to walk away from a heavy debt obligation. We no longer have debtors' prison in the United States, but there was a time when we did. People in Tennessee, where the...
Month: April 2013
Credit card debt less likely in conversation than politics
Mortgage debt, medical debt, student loan debt -- these are the kinds of debt that people are willing to talk about. These debts hit Tennesseans from almost every walk of life. But there is another and more common example -- credit card debt. Yet a recent survey...
Women with heavy debt share their stories
People from all walks of life end up needing debt relief, but a recent article focuses on women whose debt problems have spiraled out of control for a variety of reasons, not the least of which is student loan debt.Unfortunately, many parents in Tennessee can relate...
Singer Dionne Warwick seeking Chapter 7 protection
People run into serious financial problems for a variety of reasons: medical debt, mortgage debt, student loans, credit card debt and back taxes, to name only a few. That probably isn't news to a lot of people in Tennessee. It was recently reported that our state has...
Court ruling shields Social Security payments in bankruptcy
Some common causes of heavy debt that leads to bankruptcy are medical bills, disability and underwater mortgages. These road bumps in life are beyond people's control. Other times, financial mistakes lead to the need for debt relief. In any case, people with crushing...
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