Category: Bankruptcy

Study Finds Eliminating Smaller Debts Most Effective in Reducing Overall Debt

Posted On: August 29, 2012 under
presented by: Gary Massey A new study published in the Journal of Marketing Research found that clearing smaller debts increases a person’s chances of paying off any remaining debts, labeled the “snowball method.” As reported by the Human Resources Journal, the authors of the study examined 4,200..
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Could Bankruptcy Be a Solution for Those Struggling with Student Loan Debt?

Posted On: August 7, 2012 under
A federal agency is asking Congress to consider letting people wipe out some of their student loan debt by filing for bankruptcy protection, but how it would impact the immense amount of student debt remains to be seen. According to a Kare11.com news report, student loan debt has soared..
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New Study Shows that Bankruptcy Filings May Dip Below Pre-Recession Lows

Posted On: July 25, 2012 under
bankruptcy attorney
A joint study conducted by the American Bankruptcy Institute (ABI) and Epiq Systems shows the number of both commercial and noncommercial bankruptcy filings fell during the first half of 2012. Overall bankruptcy petitions fell 14 percent during the first half of the year, and those entities and.. Read More »

Foreclosure Rates Rise Significantly in Memphis

Posted On: July 11, 2012 under
New data from real estate information firm CoreLogic shows foreclosure rates in Memphis have increased since last year, according to a report from CommercialAppeal.com. The foreclosure rate among mortgage loans in Memphis rose to 2.65 percent in April as compared to 2.59 in the same month in 2011...
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How to Avoid the Seven Deadly Sins of Credit: Part 1

Posted On: June 13, 2012 under
This is part one of a two-part series on how to protect your credit. Be sure to check back for the second installment for more tips on how to obtain your best credit score. The pursuit to obtain excellent credit and an exceptional credit score can certainly..
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How to Avoid the Seven Deadly Sins of Credit: Part 2

Posted On: June 11, 2012 under
This is the final entry in a two-part series on how to protect your credit. Be sure to read the first entry for other tips on how to obtain your best credit score. Maintaining an exceptional credit score and excellent credit report, or working to improve your..
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City of La Vergne to Host Foreclosure Prevention Seminar

Posted On: May 16, 2012 under
The Daily News Journal reports that a foreclosure prevention seminar will be held in La Vergne in order to help Tennessee homeowners who may be struggling to keep their home. The La Vergne Foreclosure Prevention Task Force is hosting its third foreclosure prevention event for Tennesseans who..
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Research Shows Bankruptcy Filings Increase after Tax Refunds Received

Posted On: May 2, 2012 under
presented by: Gary Massey If you are one of the fortunate few who is receiving a tax refund this year, your mind may be filled with wonderful possibilities on how to spend it; however, for Americans who may be in financial trouble, a refund may allow a..
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Gary Massey Outlines the Bankruptcy Dismissal Procedures in Tennessee

Posted On: April 17, 2012 under
A dismissal in a TN bankruptcy case commonly means something has gone wrong in the case, such as a failure by the debtor to comply with the Bankruptcy Code, and the bankruptcy case, as a result, is going to end prematurely and without a discharge. A creditor..
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Study Shows Bankruptcy Costs May Be Higher Due to Congress Reforms

Posted On: April 3, 2012 under
presented by: Gary Massey A new study shows that so-called “bankruptcy reforms” made by Congress have led to much higher costs for those filing, according to U.S. Politics Today. In 2005, Congress passed a bankruptcy reform act which made a number of changes to the bankruptcy code..
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