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November 2011 Archives

Tennessee students becoming more financially savvy one class at a time

In the last few years, the tough economy has affected millions of families in Tennessee and all across the country. Although unemployment and other factors have contributed to the economic crisis, some believe a lack of knowledge in financial matters may have also contributed.

Signs of relief in weak housing market

Millions of Americans have been affected by the recession and many have lost their home due to foreclosure. Many families have fallen behind on their mortgage payments and before long receive foreclosure notices. It can be a frightening and confusing time, but a new report suggests that there may be a light at the end of the tunnel.

Entrepreneur files for bankruptcy after receiving federal stimulus money

Sometimes the best laid plans go awry, and that appears to have been the case for an entrepreneur who recently opened the first electrified truck stop in the state of Tennessee.

Financial woes force restaurant owner to file for bankruptcy

A restaurant owner filed for Chapter 7 bankruptcy on Oct.5. This comes after financial problems forced the restaurant owner to close two restaurants and a banquet facility in January. The petition is a personal bankruptcy petition as opposed to a corporate bankruptcy because the man guaranteed some of the debt personally.

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