If you are behind on medical bills, you may think that you'll never get out from under this debt. Medical bills can add up quickly and be hundreds or thousands of dollars. Even a single day in the hospital could end up costing you thousands before you meet your...
Month: August 2020
Why choose Chapter 13 bankruptcy? Is it better than Chapter 7?
Chapter 13 bankruptcy is not the liquidation bankruptcy that you probably think of when you imagine someone going through one. Instead, this form of bankruptcy is much like a consolidation and repayment plan for debt.Chapter 13 bankruptcies are designed for people who...
How to decide whether to pay your bills before filing bankruptcy
Deciding to file bankruptcy is a serious decision. A bankruptcy can remain on your credit report for seven to 10 years. It may be more challenging to get new credit such as credit cards, mortgages and personal loans during that time. If you can secure credit, like an...
How should you choose between the many debt relief options?
There are two primary ways that individuals end up in debt — by living beyond their means and being confronted with unexpected bills. The latter can happen as a result of a medical emergency, job loss, divorce, death of a spouse and other non-planned events....
Understanding the 341 meeting for your bankruptcy case
Having money problems is not an ideal situation to be in. Unfortunately, many people in Tennessee and across the country find themselves struggling with debt due to high credit card balances, medical bills, job losses and other issues that leave them with far more...
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