Being overwhelmed by debt is stressful enough but added stress and strain because of wage garnishment may feel unbearable to individuals struggling with debt. Wage garnishment occurs when a creditor has filed a lawsuit to recover a debt and has successfully obtained a...
Month: July 2016
Help avoiding foreclosure through the bankruptcy process
Protecting a family home from foreclosure is a serious and stressful concern for many families and homeowners, including in Tennessee. There are ways that the bankruptcy process may help. One option may be the Chapter 13 bankruptcy process that, in addition to helping...
What is Chapter 7 bankruptcy?
Chapter 7 bankruptcy is a bankruptcy option for individuals who qualify. You may have heard of Chapter 7 bankruptcy but wondered who qualifies and how you file for Chapter 7 bankruptcy. To file for Chapter 7 bankruptcy, the filing party must file a bankruptcy petition...
Tennessee leads country in personal bankruptcy
This blog recently discussed the business bankruptcy of a Tennessee company, however, Tennessee led the country in personal bankruptcy filings during 2015. There were a total of 36,052 bankruptcy filings in Tennessee in 2015 which is twice the average number of...
Bankruptcy for Tennessee company approved
This blog has recently discussed, in particular, how business bankruptcy options may help struggling business and professionals in Tennessee. The recent approval of the bankruptcy reorganization plan for a struggling papermaking company headquartered in Tennessee is a...
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