For some Chattanooga residents, bill paying time can often be a difficult time full of hard choices about which bills are most pressing. For those with medical bills, those hard choices become even harder and debt relief may seem more and more out of reach.
Schilling's famous bloody sock up for auction after bankruptcy
The unfortunate reality in this economy is that startup businesses fail many, many times and must file for bankruptcy. However, it is not every day that a business that was started by a World Series pitching star must file for Chapter 7.
Debt relief for some Chattanooga homeowners a few months away
When most people hear that there are massive bank settlements for billions of dollars, typically, they don't think they are going to benefit in anyway. However, in the case of one settlement, debt relief may be coming to millions of home owners sooner than they think.
Butcher shop files for chapter 7 bankruptcy
How am I going to pay off my mortgage? How do I prevent all of these creditors from harassing me every day? Are there any strategies or plans I can make to resolve all of my mounting bills? Residents in Chattanooga and elsewhere are asking these and other similar questions every day. Unexpected circumstances, such as a medical emergency or job loss, often result in financial challenges that were not in an individual's control. Recently, a butcher shop found itself in the same situation and filed for bankruptcy.
Mortgage debt relief act set to expire
Although there are signs of improvement in the housing market in Tennessee and the rest of the country, it is still a very fragile recovery. Now, a tax break that has helped many floundering homeowners in a very difficult market is scheduled to expire at the end of 2012.