Richard Banks & Associates
Cleveland, TN:
When can taxes be discharged through bankruptcy in Tennessee?
It is possible to discharge income tax debt as long as the person filing for bankruptcy meets certain qualifications.
What to Know About Credit Counseling for Bankruptcy
For many people, bankruptcy is the final resort after a severe struggle with debt. It’s not a decision people make lightly. Depending on whether you file for Chapter 7 (liquidation)…
Why college loans are the worst debt
You can't deduct the interest or get rid of it in bankruptcy, and you'll need gainful employment to repay it
On Avoiding Bankruptcy: 5 Financial Tips
When times get tough, the tough sometimes want to indulge in a little shopping. But retail therapy and reactive spending can be big contributors to a personal credit crunch. There are things you can do to remain financially healthy...
How You Can Get Your Student Loans Discharged In Bankruptcy
One of the biggest myths surrounding student loans is that they cannot be discharged in bankruptcy. However, this is false, and there are situations where you can qualify for bankruptcy discharge for your student loan debt.
The Debts That Don’t Go Away When You File for Bankruptcy
A lot of people think bankruptcy means all of your debts are immediately forgiven and you start over with a clean slate. That’s not often the case. Not only are your assets often liquidated, some debts also aren’t even dischargeable in bankruptcy.
Should you consider bankruptcy?
When you start to feel overwhelmed by your debts, bankruptcy may be one of the first options that you think of. In reality, bankruptcy is only one of many methods for getting rid of debts. It's a
What to expect from post-bankruptcy life
For people buried in debt, it can be difficult to imagine what life will be like when that debt is no longer there. The ... Life After Bankruptcy
Prevent Bankruptcy With These Tips
Filing for bankruptcy is often viewed as an easy out of debt. This financial decision should only be used as a last resort. Find out how to avoid it.
Fixing your credit scores after a bankruptcy
Money Talk column on how to fix your credit scores after a bankruptcy
How can I fix my credit? Is Bankruptcy the righ
I am trying to figure out what I need to do to repair my credit. My credit is bad from years ago when I was young and broke. I don't see how a credit repair company could help me as the items on my credit report are correct. Plus I believe them to be a scam. I was struggling to make ends meet. The biggest impact I think is the late payments at that time. Now, I am older, make decent money and…
Tips to improve your credit score after bankruptcy
Filing for bankruptcy can help you get a fresh financial start. However, your credit score can take a hit. Your credit score ... Personal Bankruptcy
How Lenders View Life After Bankruptcy
Many people who struggle with debt shy away from bankruptcy. They are afraid it will damage their credit score and lead to ... Bankruptcy
How to Qualify for a Mortgage After Declaring Bankruptcy
Many people have debts that they are unable to repay. Sometimes, this is a result of overspending. I...
Why Focus Can Keep You From Bankruptcy
The key to building a successful business is keeping your team focused on a core mission.
What happens to my credit after bankruptcy ?
One of the most common questions I get from potential clients is how bankruptcy will affect their credit score. For many of my clients the answer is easy
Which Debts Cannot Be Discharged in Bankruptcy?
The thought of filing for bankruptcy is likely to prompt two contradictory reactions: some people dread bankruptcy as a permanent stain on their financial record, while others may think of it as a get-out-of-debt-free card. The fact is, bankruptcy is neither as terrible nor as easy as you might expe
What happens to charge-offs during bankruptcy?
If you're in the middle of financial woes and do not see a clear way out, you may be thinking about bankruptcy. One common element most people have in their bankruptcy cases are charged-off accou
