Tennessee Bankruptcy Blog

Recent Posts from Tennessee Bankruptcy Blog

• Tennessee Chapter 13 Debtors Lead Nation in Repayments to Creditors

  The Chattanooga Free Press reports that Chapter 13 debtors in Tennessee pay more back to creditors than much larger states like Texas, California or New York.   As of September 30, 2008, Tennesseans had paid back…

• Effect of President Obama's New Mortgage Program on the Housing Market and Mortgage Market

  The U.S Federal Reserve anticipates that in FY2009, the economy may shrink by a figure anywhere between 0.5% and 1.3%. (...)

• Your Co-debtors Get Protection from Chapter 13

  One of the more interesting features of Chapter 13 law is something called the "co-debtor stay."  Set out at Section 1301(a) of the Bankruptcy Code, the co-debtor stay disallows collection action on consumer debt against…

• Cleveland, Tennessee Epicenter of National Payday Loan Businesses

  The Los Angles Times recently ran a feature story about payday loans - those short term, high interest loans that service customers who need a cash advance in advance of their regular paychecks to cover…

• Divorce and Bankruptcy - Your Divorce Lawyer's Fees May be at Risk

  Not surprisingly, the financial strains that drive clients to our office also create problems in marriages.   Clark and Washington regularly meets with clients who are separated from their spouses or who are actually going through…

• Bankruptcy Paperwork Requirements Can be Unforgiving

  Much has been written about the 2005 changes to the United States bankruptcy laws, very little of it being positive - at least from the perspective of the struggling families who find themselves seeking counsel…

• Tennessee Bankruptcy Court Web Sites are Sources of Useful Information

  Clark and Washington encourages our clients to make use of accurate and free information about bankruptcy that is readily available on the Internet.  Not everything published on the Internet is accurate, of course, but there…

• Digital Power Meters Mean Faster Utility Cut-Offs

  Has your local power company installed a digital meter at your house?  Information sheets in your bills will suggest that this new digital meter will improve the accuracy of power measurement but this is only…

• All Creditors Must be Listed in Your Bankruptcy - Even Mom

  Over the past few months, our office has seen a number of bankruptcy clients who have had personal loans from family and friends in addition to more common types of debts like credit card bills,…

• Should I be Concerned if I Receive an "Objection to Confirmation?"

  What is an "objection to confirmation" in a Chapter 13 case and should you be concerned about it?  As you know, a Chapter 13 bankruptcy functions as a court sanctioned repayment plan.  Under the law,…