The credit card bill is coming due again and many Tennessee residents, low on funds, pay only the minimum payment. They may have a few thousand dollars in a saving account, but they don't want to touch that because it's earning interest. However, it's important...
Month: January 2014
Chemical spill forces business bankruptcy
Many Tennessee residents have heard the news about the chemical spill that left 300,000 West Virginians without drinking water. Businesses in the area were forced to close for several days. Even schools had to be shut down and residents could only use their water to...
All levels of income still prone to bankruptcy in Tennessee
Many Tennessee residents have heard stories of celebrities and others with significant wealth filing for bankruptcy. For some, it may be hard to understand how someone who makes millions of dollars a year can end up broke. However, it is often the same issues that can...
Montgomery Gentry singer files for Chapter 7 bankruptcy
Tennessee is the home of many country music acts. Many talented folks come there in search of fame and fortune. However, the two are not always linked. Even those who have reached celebrity status have trouble paying the bills. Case in point: country singer Eddie...
Options for dealing with credit card debt
Even though the holidays are over, the credit card debt for many Tennessee consumers continues on for months or even years. It's the gift that keeps on giving. Instead of continuing to pay 20 percent interest or more on a card in which the balance never seems to go...
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