Collection agencies often have large amounts of resources available to them to collect a person’s debt. They can obtain wage garnishments, they can repossess property and foreclose on liens. This can be very intimidating to debtors in Tennessee and other parts of the country. However, this power has a limit and when creditors cross the […]
Archives for July 2014
Foreclosure Rates Lowest Since 2006 In Tennessee
Almost every Tennessee consumer will have financial challenges at one point or another in life. People face job loss, high medical debt, family challenges and other unexpected financial issues. Even with a small set back, people can face overwhelming debt very quickly. For many families, the past few years have been very difficult. The housing […]
Chapter 13 Bankruptcy and Tax Debt
There are many different types of debt. While a lot of people have consumer debt — from making purchases — or medical debt, tax debt is also common. Tax debt is generally owed to either the state or to the federal government. This debt accrues interest and penalties when Tennessee residents cannot afford to pay […]
