In difficult economic times, people hope that they can meet all their financial obligations. However, there are times when that just isn’t possible. While there are some safety nets that can provide debt relief, there are times when people face losing their possessions. In particular, people’s homes can often be at risk if they cannot […]
What Are Secured Transactions?
When people purchase property they may think that they own the property outright. In many cases, that is true — especially with consumer goods. However, in certain cases, the person or entity selling retains some interest in the property. This interest — called a security interest — often gives the creditor some rights when it […]
Avoiding Foreclosure in Tennessee
With the economic down turn during the last decade, many Tennessee families are barely making ends meet. With even the slightest set back, some are unable to pay all of their monthly obligations on time. If this becomes a pattern — especially with a family’s mortgage — people can risk their financial security. If people […]
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