Many Tennesseans are familiar with a one-hit wonder, that popular song from their youth from a band or singer that nobody has heard from since. Being a one-hit wonder is never a good thing, especially in the business world. With consumers' interests changing so...
Month: July 2014
More credit card balances paid off, but many still delinquent
A recent report released by the American Bankers Association found that American credit card usage is up. Yet, the number of people who pay off their entire balances climbed to its highest percentage on record for the last quarter of 2013. The jump, from 28.6 percent...
Good credit is possible after bankruptcy with these steps
Many Tennessee residents consider bankruptcy as a way to wipe out debts and start anew financially. For many, though, the biggest hurdle is rebuilding credit. For those who have spent decades building credit, the thought of ruining this good credit and watching their...
Audio product manufacturer files for Chapter 7 bankruptcy
Many Tennessee companies may not fully understand their bankruptcy options. For example, they may be under the impression that Chapter 11 and 13 are the only types to choose from. However, companies operating under a sole proprietorship or general partnership...
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