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If you’re considering filing for bankruptcy in Tennessee, you are undoubtedly facing significant financial challenges. And, if you are like most people who ultimately file for bankruptcy protection, you may have been struggling with those issues for some time. So, it makes sense that you would be concerned about the costs associated with filing bankruptcy.

Costs of bankruptcy fall into several different categories, which include:

  • The required pre-filing credit counseling and pre-discharge financial management course
  • Bankruptcy court filing fees
  • Trustee fees
  • Attorney fees

In rare cases, there may be additional costs associated with a consumer bankruptcy case. For example, if valuation of a significant asset is in dispute, it may be in the bankruptcy petitioners’ best interest to hire an expert appraiser. However, this type of additional expense is rare. In most cases, all expenses associated with bankruptcy fall into one of the 4 categories listed above.

Read More from: Bonds & Botes, P.C.

2 days 13 hours ago

PayPal — which is rarely thought of as a prepaid card company — has filed a lawsuit against the CFPB over its rules on prepaid accounts, underscoring the rapid changes in digital financial services and PayPal’s own expanding financial services ambitions in recent years.

Read More from: BankThink

2 days 13 hours ago

Corporate debt swelled to $15.987 trillion in the third quarter after borrowing increased by nearly 6%, according to the Federal Reserve.

Read More from: BankThink

2 days 14 hours ago

The proposal comes after years of criticism that the current policy stifles innovation and hamstrings banks' ability to raise funds.

Read More from: BankThink

2 days 14 hours ago

Testing shows an overreliance on machine learning data can unfairly harm credit scores.

Read More from: BankThink

2 days 15 hours ago

The long-awaited proposal by the OCC and FDIC to modernize the Community Reinvestment Act would seek to make grading simpler and more transparent while allowing banks to spread loans and investments across a broader geographic area.

Read More from: BankThink

2 days 15 hours ago

Casting aside recession fears, the credit bureau predicts credit cards, mortgages, auto loans and unsecured personal loans should all perform well — including those extended by online lenders.

Read More from: BankThink

2 days 16 hours ago

In rare move, the House Financial Services Committee chairwoman will lead a congressional delegation to the FDIC board meeting as it considers releasing a proposal to rework the Community Reinvestment Act.

Read More from: BankThink

2 days 17 hours ago

TD Bank claimed the top spot in J.D. Power’s national bank satisfaction survey, but Wells Fargo showed the greatest year-over-year improvement.

Read More from: BankThink

2 days 17 hours ago

The rapid pace of technological change will force financial services companies to invest in more efficient digital offerings for clients, eliminate jobs and retrain staff to focus on higher-value work, according to an Accenture report.

Read More from: BankThink

2 days 18 hours ago

Upcoming Committee Formation Meeting: Wednesday, December 3, 2019

Case Name: 19-12606 (KBO)

Location: Delaware State Bar Association 405 King Street, 2nd Floor Wilmington, DE 19801

Notice of Formation Meeting for Official Committee of Unsecured Creditors can be found here. See the petition for relief .

Cole Schotz does not represent the Debtor in this case. We are posting this for informational purposes only. If you have received a notice and have any questions, you should contact Debtor counsel.

2 days 18 hours ago

Upcoming Committee Formation Meeting: Wednesday, December 3, 2019

Case Name: 19-12606 (KBO)

Location: Delaware State Bar Association 405 King Street, 2nd Floor Wilmington, DE 19801

Notice of Formation Meeting for Official Committee of Unsecured Creditors can be found here. See the petition for relief .

Cole Schotz does not represent the Debtor in this case. We are posting this for informational purposes only. If you have received a notice and have any questions, you should contact Debtor counsel.

2 days 18 hours ago

The average price of a previously owned car has fallen in two consecutive months, and if the trend continues, lenders could see losses mount, Richard Fairbank said this week.

Read More from: BankThink

2 days 19 hours ago

The company will significantly boost its origination volume after buying 51% of BrandMortgage.

Read More from: BankThink

2 days 20 hours ago

The bank joins rivals in predicting a better than expected Q4; JPM exec says AI could help create products for savings.

Read More from: BankThink

2 days 20 hours ago

Many business customers are putting off expansion because they can’t find enough workers to fill available jobs.

Read More from: BankThink

3 days 8 hours ago

The bank, whose 7(a) originations have plummeted in recent years, is developing a portal that will let applicants upload documents, complete forms and track application progress.

Read More from: BankThink

3 days 8 hours ago

Supreme Court Might Allow FDCPA Suits More than a Year After Claim Arises


Holding: Statute of limitations begins to run when the alleged FDCPA violation occurs, not when the violation is discovered.

3 days 9 hours ago

The Fed chairman said he has not given up on the central bank agreeing with other regulatory agencies on a plan to modernize the Community Reinvestment Act, but admitted, "I don’t know whether that will be possible or not.”

Read More from: BankThink

3 days 13 hours ago

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