Under current nuances of U.S. codes of law, student loan debt is not dischargeable. At least, that is the way it has always been in the past. There have been several recent litigation cases, however, including a married couple who owed more than $120,000 on student...
Month: May 2021
Are you toying with the idea of bankruptcy?
Many Tennessee residents have an attitude toward challenges in life that make them want to push through on their own and get to the other side of the issue without asking for help. While this may be a plausible approach to some situations, if you are facing serious...
What are the benefits of Chapter 11 bankruptcy?
Many Tennessee business owners are worried about the economy. In fact, some are currently struggling to keep their doors open due to financial problems. In the past, many business owners have been able to take advantage of a valuable financial tool known as Chapter 11...
Bankruptcy can alleviate foreclosure concerns
If a Tennessee resident receives a notice of foreclosure in the mail, it can immediately cause stress and worry. No one wants to lose his or her home; yet, many people encounter severe financial challenges that cause them to fall behind in mortgage payments. Filing...
Tennessee restaurant has declared bankruptcy
Many restaurant owners in Tennessee and throughout the country have said that the past year has been economically challenging for their businesses. One restaurant owner, in particular, stated that income reductions and waiving franchise fees were simply not enough to...
Prepare for paperwork when filing for bankruptcy
Many people in Tennessee and throughout the country are currently experiencing financial problems. Some will be able to get their finances back on track by filing for bankruptcy. There are several types of consumer debt relief; while a specific program might fit a...
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