Recently CNN reported many Americans are too financially devastated to afford bankruptcy. The article cites rising attorney fees and filing costs following the passage of the 2005 Bankruptcy Abuse Prevention and Consumer Protection Act. But the article does offer some hope to people wanting to get out of debt: Brewer, of the National Association of [...]
Archive of posts filed under the Saving Money category.
Gas Prices in Memphis Lead to Long Waits – Memphis Bankruptcy Lawyers
The Commercial Appeal reports that rising gas prices in the Memphis area have led to long waits at the gas station for thrifty residents who want the lowest costs. Sounds familiar to us. Our office was only a block away from the traffic nightmare that occurred when a church offered free gas around the holidays [...]
Why Do You Need Uninsured Motorist Coverage? – Memphis Car Accident Attorneys
Uninsured motorist coverage is a crucial part of your auto insurance policy and usually doesn’t cost very much to include. Tennessee law requires that insurance companies offer uninsured motorist protection; but as a consumer you can choose to waive it when you sign up for your policy. Some of the low-cost insurance companies might encourage [...]
Why Have Bankruptcy Costs Risen? – Memphis Bankruptcy Lawyers
A recent study shows the cost of bankruptcy has increased nationwide over the last few years. Why this change, and what does it mean for you? According to the study, this change in the cost of filing bankruptcy is directly linked to the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (BAPCPA). BAPCPA, which [...]
Utility Bills Costs Down – Memphis Bankruptcy Lawyer
Memphis residents can rejoice that their utility costs went down this winter. The Commercial Appeal reports that the average Memphis household saved $110 in energy costs this winter compared to last year because of the warm temperatures and lower natural gas costs. MLGW may be rejoicing, too, because recent surveys suggest they have significantly low [...]
How Will Bankruptcy Affect My IRA?
Retirement Plans and Getting Rid of Debt While bankruptcy can have its disadvantages, you may not need to worry about your retirement plan. As part of the Bankruptcy Abuse Prevention and Consumer Protection Act passed in 2005, many retirement plans can be exempt from creditors when you file bankruptcy. Bankruptcy and Your IRA In the [...]
Gambling Revenue, Bankruptcy, and Getting Help in the Memphis Area
Nearby Mississippi casinos have seen a decline in revenue so far in 2012. Perhaps these numbers show a loss of extra income to use for entertainment like gambling. Perhaps they suggest that gambling just isn’t as popular as it used to be. But they definitely don’t reflect a lack of financial desperation that often leads [...]
Is Bankruptcy Expensive? And If So, How Can I Afford It?
Bankruptcy has a reputation in some circles for being expensive, but that disadvantage is often a myth. Indeed bankruptcy fees have increased since 2005, and some people find them daunting, but the dollar amount for your particular case might not look so bad once you set up a payment plan. In addition, you always have [...]
Are Personal Injury Attorneys Expensive?
Is it expensive to hire a personal injury attorney? Will the results be worth it? In this video, Memphis personal injury lawyer Darrell Castle explains the pricing for personal injury lawyers [text]: Related PostsWhich Doctors Get Sued the Most? – Memphis Malpractice Lawyers Retained Surgical Instruments – Memphis Medical Malpractice Lawyers That Tort of [...]
The Danger of Cash Back Credit Card Rewards
Cash back rewards look awesome from a distance. On television, credit card companies show you how – if you use their card – you will receive free money and soon be swimming in dollar bills. But of course they don’t tell you some of the dangers of using cards that offer cash back rewards. First, [...]
