Jump to Navigation

June 2015 Archives

Navigating the stress of filing for bankruptcy

Filing for bankruptcy is a major decision often taken with a heavy heart. Bankruptcy is not an option that is taken lightly, but sometimes it's the only choice left. Life situations such as divorce, job loss and medical bills can suddenly leave you drowning in debt with all alternate methods of reducing the load exhausted.

I plan to file for TN business bankruptcy. How do I start?

Economic troubles have caused many small businesses in Tennessee to lose money. In many case, the debts outnumber the assets. When this happens, business owners may feel as they are sinking, with no way to stay afloat. Business bankruptcy may be on your mind, but before resorting to this, there are some things to do first. With these tips, you may be able to delay bankruptcy or avoid it altogether.

Trouble with credit card debt? Don't ignore these signs

For many Tennessee consumers, credit card debt is something that sneaks up on them. They may go for many months - or even years - paying only the minimum payments while continuing to use their credit cards for everyday purchases. Before long, they end up owing tens of thousands of dollars. This is an all-too-common situation, but by knowing the signs to look for, consumers can nip credit card debt in the bud before it gets out of control.

What's Your Situation:

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

Subscribe to This Blog's Feed Visit Our Bankruptcy Website

Our Office Location:

Richard Banks & Associates

393 Broad Street, N.W.
Cleveland, TN 37364-1515
Map & Directions

Phone: (423) 244-0009
Toll Free: (866) 596-8527
Fax: (423) 478-1175

FindLaw Network

Privacy Policy | Business Development Solutions by FindLaw, part of Thomson Reuters.