Last week this Cleveland bankruptcy law blog looked at how business bankruptcy may offer struggling businesses the opportunity to achieve fresh starts. For some readers it may have provided a wake-up call about the financial health of their own business entities. It...
Month: January 2016
Why would I want to undergo business reorganization?
Tennessee residents who open their own small businesses understand the amount of blood, sweat and tears that have to be expended to get their enterprises off of the ground. Starting a business can be a labor of love that expends more time, energy and money than a...
Interest rate increases can grow credit card debt
Once a Tennessee resident opens up a new credit card, he or she is bound to the terms of the credit card agreement. Usually included in the terms and conditions that one agrees to abide by are provisions related to the interest rates applicable to the card. Though...
What exactly is personal bankruptcy?
Bankruptcy has been a part of American jurisprudence for quite a long time and many people have heard of the term. Although its presence in the news is rather ubiquitous, some readers of this Tennessee law blog may not actually know how this multi-faceted legal...
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