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Chattanooga Bankruptcy Law Blog

What are “yo-yo debtors?”

Believe it or not, the winter holiday season will be here before we know it. Many people plan ahead for this time of year, carefully managing their finances so that they can pay in full for gifts, parties and other expenses associated with the holiday season.…

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Don’t let fear of losing assets keep you from debt relief

We spend years gathering things-the car given by parents on graduation day, the china dinnerware you got on your wedding and the vintage ring your grandmother gave you. Many Tennessee residents may lug their prized possessions around from city to city as they move around for…

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Exceptions to creditors’ levy of bank accounts in Tennessee

Being in debt can be a very stressful situation. Having to worry about making payments that one knows cannot be made, whether due to unemployment, large medical expenditures, or other sources will wear on any Tennessee resident. Eventually, such debtors may also start to consider that…

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Discharging credit card and medical debt in Tennessee

Life moves pretty fast, and sometimes unexpected things happen along the way. An unexpected injury or a lengthy illness can mean large medical bills, especially in this time of uncertainty with regard to health insurance. A period of unemployment due to a layoff or other circumstances…

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Are debt collectors and creditors harassing your family?

An overwhelming burden of debt is stressful. You are behind, interest is accumulating and you do not know if you can ever catch up. Whether you owe thousands on credit cards or you are behind on your mortgage, your financial situation is already difficult enough, yet…

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Should I transfer my credit card debt to a new card?

Many Tennesseans are probably aware that certain credit cards are marketed to consumers as balance transfer cards. These credit cards often offer a low or zero interest rate for a certain period of time, which can make them appealing to those who have significant balances on…

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Who is responsible for credit card debt when someone dies?

There is a lot of confusion concerning what happens with credit card debt after someone dies. It is not uncommon for creditors to mislead consumers about such debts, even when the consumer is not responsible for the debt. While there are times when someone can be…

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