Facing financial problems is something that could affect any Tennessee resident. You may have begun to notice a few issues with your money matters, but at the time, you thought you could keep things under control. However, you may have faced an unexpected event that...
Month: July 2021
Why Chapter 13 is called “wage earner” bankruptcy
If a Tennessee homeowner loses a job or encounters other issues that result in a loss of income, a serious financial crisis might arise from which it’s difficult to recover. Inability to pay mortgage or keep up with payments on other debts, such as a credit card...
Foreclosure sparks litigation
If Tennessee lenders start the foreclosure process regarding a mortgage that is in arrears, there may be several options for resolving the situation and satisfying the debt. In some cases, an inability to do so may lead to a judgment of foreclosure regarding the...
Bankruptcy plan will not disrupt employees’ pay
If a Tennessee business owner falls upon hard times financially, he or she may explore numerous debt relief options in order to stay afloat. For instance, there are several types of bankruptcy programs that can help a business owner pay back creditors while day-to-day...
Foreclosure filed against popular night-life business
Many Tennessee business owners can relate to others throughout the country who say they experienced financial distress during the past year. Owners of a popular night-life spot in another state reportedly fell behind on an $85 million debt they owed on their loan. The...
Why bankruptcy may be better than debt settlement
Like most other states, the Tennessee economy fluctuates. This is also true for most individuals regarding personal finances. Some years are better than others. If a person incurs a lot of credit card debt during challenging financial times, he or she might be...
Begin a free consultation:
our office location:
Richard Banks & Associates, P.C.
393 Broad Street Northwest
Cleveland, TN 37311
Toll Free: 866-596-8527
Phone: 423-244-0009
Fax: 423-478-1175