When a Tennessee homeowner is hit with a financial crisis, it can be a stressful and worrisome experience. While most financial problems are temporary, even minor trouble can have adverse implications. In many cases, filing for bankruptcy is a viable option. However,...
Bankruptcy
Will bankruptcy ruin your chances of later buying a house?
In the first few months of a new year, many Tennessee residents want to make changes in their lives. Whether those change relate to health, habits or finances, the turning point of a new year is often a time for a reset. As a result, if you have had financial...
Benefits and drawbacks to discharge through bankruptcy
Knowing that there is a way to alleviate debt brings comfort to many Tennessee homeowners. Filing for bankruptcy has helped many people resolve serious financial crises while, at the same time, building a fresh foundation for a stronger financial future. When a debt...
What time is the right time to file for bankruptcy?
Many people in Tennessee and beyond are currently struggling to stay afloat in business or where personal finances are concerned. Economic issues, as well as things like unexpected medical bills, car repairs or loss of income can quickly wreak havoc on a person’s...
Can foreclosure be stopped at the 11th hour?
If you’re at risk for losing your home, it’s understandable that you might feel like your home is being sold right out from under your feet. Perhaps you made the same mistake that many people have made, which is set aside a notice of foreclosure when it arrives in the...
Bankruptcy won’t discharge these debts
When a financial crisis hits a Tennessee household, the individual responsible for paying the bills may start to explore debt relief options. In some cases, money problems can be resolved by selling assets or taking on a second job to generate more income. In some...
The tide of medical debt continues to affect many families
There may be a variety of reasons for which many Tennessee residents may view the idea of visiting a medical facility for treatment as a daunting concept. With the extensive costs of care, even a trip to the hospital for a minor health concern could leave a person...
Credit card debt often increases during holidays
Thanksgiving Day that typically kicks off the holiday season in Tennessee and throughout the United States. It is a festive, albeit busy time of year where many people enjoy gathering with family and friends to celebrate. Unfortunately, certain customs, such as...
Bankruptcy facts for Tennessee residents
Most Tennessee residents have encountered financial challenges at some point in their lives. Any number of issues, from a fluctuating economy to unexpected expenses, can have a significant impact on the overall financial stability of a household. In circumstances...
Disregard all assumptions about bankruptcy
In Tennessee and throughout the country, many people who are in need of debt relief hesitate to reach out for additional support because of certain stigmas that still exist. There is often an unspoken assumption that someone who files for bankruptcy must be bad at...
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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