The current winter weather is a glimpse into the future for most Tennessee family finances in 2021.
After what can be described as a relatively mild winter so far...this week's ice storm warning, followed by weekend wind-chill factors below zero, followed by next week's predicted snow and ice...is an example of what is still to come for families dealing with financial problems.
Tennessee families have been diligent in finding ways to survive a health crisis that quickly turned into a financial crisis for most. By reaching into savings accounts, running up credit cards, and either negotiating or simply ignoring making some payments, most families have been able to make it to this point. However, a blast of cold, icy financial reality is just over the horizon.
While Washington D.C. continues to promise something in the form of 'help', the fact remains that most of it seems to be political posturing and nothing more. Headlines promise solutions, but at the end of the day, Tennesseans are left with empty ones.
Banks, mortgage lenders, credit card companies, landlords, and others who are in the business of providing goods and services on a lending basis...are quickly losing patience. In the past, either consumers or companies have been 'bailed out' when a crisis occurs...but in today's politically divided environment, anyone looking to D.C. for solutions, will likely be disappointed.
Ultimately, those who owe money, will be strong-armed by those they owe. Legally, there are few options....but there ARE some, and the law office of T. Verner Smith is well versed and very experienced in finding solutions to legal problems.
Smart families are planning their next steps, including debt resolution or bankruptcy choices.
If you already feel your financial situation is out of control...contact us for a FREE CONSULTATION for debt resolution and/or bankruptcy at (731) 423-1888.
The law office of T. Verner Smith has helped thousands overcome financial problems, and can help you too. Call today!
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Call us at (731) 423-1888