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March 2013 Archives

Chapter 7 liquidation dilemmas for gun owners

With all of the recent discussion of gun rights in the U.S., East Tennessee residents might find a recent bankruptcy case intriguing. There is liability attached to gun ownership and gun sales. So how does a business that deals with and owns guns handle Chapter 7 liquidation?

Credit card debt outpaces savings for one fourth of cardholders

Credit card debt often occurs from unexpected financial difficulties, such as medical bills or unemployment, and can result in people receiving harassing phone calls from debt collectors. Filing for bankruptcy can be an effective method of stopping these phone calls. The following story on national credit card debt will interest readers in Cleveland.

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