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Helping good people through bad times

October 2012 Archives

More debt relief may soon be on the way for Chattanooga residents

As many Chattanooga, Tennessee, residents know, the past few years have not been an easy time for those trying to pay off a mortgage. Debt relief by way of additional income has come rarely, as consumers and homeowners have been facing financial challenges, and it seems like the banks who loan these people money have been largely unable or unwilling to help a distressed borrower.

Couple who received $20 million files for personal bankruptcy

For residents in Chattanooga who are struggling with financial challenges, receiving millions of dollars would be a dream. It seems like it would be the answer to all of their problems, and the last thing that would be on their mind is debt or bankruptcy. However, that is not always the case.

Chattanooga residents receiving relief from foreclosure

In Chattanooga, Tennessee, many home owners often face some difficult choices when dealing with a pending foreclosure. Though the first choice is usually trying to work with the bank for a loan modification, if the foreclosure process has started and is well under way, one of the only ways to be sure to stop the foreclosure before the home is lost may be by filing a Chapter 13 bankruptcy.

Chattanooga residents trying to pay down credit card debt

People in Chattanooga have apparently been trying to pay off their credit cards over the past few years since the economic downturn began in 2008. These attempts to pay off credit card debt have not gone unnoticed by credit card companies. Many of them are trying to get consumers back into the credit card habit with new zero-interest credit cards.

In Chattanooga, Facebook may aid debt collectors

Many hardworking folks in Chattanooga, Tennessee, who happen to fall behind on their debts, are forced to suffer from creditor harassment because of mounting consumer debts. Even while these people search for whatever debt relief they can find for their financial challenges, they are still pursued relentlessly by creditors, who do not want to give them a break. However, debtors may unintentionally be giving these creditors help in their pursuits by using social media such as Facebook, Twitter and LinkedIn.

Kenneth C. Rannick, P.C.
4416 Brainerd Road
Chattanooga, TN 37411

Phone: 423-624-4002
Toll Free: 800-257-7594
Fax: 423-624-0509
Chattanooga Law Office Map