A bankruptcy can stop creditors from taking your property By: Darrell Castle Transcript Hello, my name is Darrell Castle and I’m an attorney licensed to practice law in the state of Tennessee and on this video, and in future videos, we are talking about collections. This will be the first in a series of videos about collections. When you have debts that you cannot pay on time, every time, what can the creditor (the person you owe money to) do to enforce collection of his debt or to enforce payment of his debt. Some of those things, of course, depends on the nature of the debt. If you have a home mortgage and you miss mortgage payments, mortgages are protected by law,
Need to stop wage garnishment immediately? We offer ZERO DOWN TO FILE! Call 901-327-2100 to see if you qualify. Wage Garnishments in Memphis Video Transcript Connie is behind on her credit card bill and is facing wage garnishments. She’s frustrated and upset so she comes in and talks to Darrell. “Connie, you’ve got some credit card bills that you can’t pay and I know that makes you feel helpless – makes you feel powerless. But you’re not powerless and you’re not helpless. You’ve already done the right thing by coming in and seeing me. Many people don’t do the right thing. They get credit card bills and they can’t pay them and they get sued on these debts, and when
Don’t Let Your Golden Years be Spent in Debt By: Darrell Castle People 55 years and older account for 22% of all bankruptcy filings in the US. Why is this? Basically, people aren’t retiring well. Dennis Miller’s “Money Weekly” this week highlights “monetary collateral damage among seniors,” in which he sums this up, and he uses the following stats to help him: 37% of 65-74 year olds still had a mortgage or home equity line of credit in 2010, up from 21% in 1989. This number jumped from 2% to 21% during the same time frame for those 75 and older people ages 65 and older are carrying the most debt than any other age group with an average
Dennis Miller’s newsletter this week had a very powerful article called “Escaping the Toy Trap.” The theme of the article was that no matter how much money you have, it’s possible to spend yourself into debt. When people grow older and retire with a strong financial foundation, they can either enjoy the luxuries in life to the extent they can afford them, or they can “keep up with the Jones” and consistently buy expensive things that bring short term satisfaction, but in the long term result in a depleted retirement account and a broke end to their life. Miller featured five good points in his article. 1. Someone always has a bigger, faster boat This is easy to understand. You
This past Sunday was daylight saving time, which meant some people were late to church on Sunday morning. However, it also meant an increase in car accidents. “It turns out Monday after daylight saving time is one of the deadliest days on the road,” said Sam Schwartz, a former New York City transportation commissioner. According to a study that analyzed 10 years of data, there was a 17% increase in traffic fatalities on the Monday after clocks spring forward. Why? “Researchers believe it has to do with the fact that many people just don’t get a good night’s sleep the first night of daylight saving time, and it takes about a week to get acclimated,” Schwartz said. According to Schwartz,
Don’t wait to file for bankruptcy If you’re behind on your bills and in deep debt, you shouldn’t wait to file for bankruptcy. Many times, clients won’t file for bankruptcy until they discuss their situation with a family member or friend, who often times tells them not to file for bankruptcy and gives them tips on how to get out of the situation. Those same clients typically end up failing to work out their financial issues and fall deeper and deeper into debt and lose more than they would’ve lost if they just originally filed for bankruptcy. Are you behind on your car payment? A bankruptcy can help you get out of debt while keeping your car. But if you
Have you been hurt in a road accident that wasn’t your fault? Video Transcript Hello I’m Darrell Castle, an attorney licensed to practice law in the state of Tennessee and I’m going to be doing a series on auto accidents and what to do after you’ve had an auto accident. So it is important to understand that here in my jurisdiction of Memphis, Tennessee, we have a reputation for aggressive driving – we have a reputation for being a high-accident area. It’s very important to know what to do if you’ve been injured in an auto accident. The first thing you need to do is get the medical attention that you need. If an ambiance is offered to you and
By: Darrell Castle I see a lot of people asking questions about Tennessee driving laws in regards to cell phone use. And I don’t really like that. It’s important for drivers to be knowledgeable of ALL driving laws BEFORE they get on the road. But especially driving laws regarding cell phones. And that’s true for two reasons. (To learn everything you need to know about auto accident injuries and the legal system, download my FREE report — Car Accident Law 101 — from my website today!) 1. You may be breaking the law and don’t even know it. 2. You may be risking your life and other’s. So, if you’re someone who isn’t sure exactly what the law
Living in Memphis, I’ve found that driving in the fog is a part of life, especially early in the morning. And as a car accident lawyer, I also know how dangerous it can be. Here are a few ways to stay safe when you have to commute on a foggy day: 1. Slow down. Go as slowly as you need to in order to see the road ahead. Any car behind you can get over it. Remember, they’re not the ones having to see into the distance — they’re often trusting your lights to guide them. 2. Use your low-beam headlights. If you set your lights as bright as you can, the light can actually reflect off the fog and
There have been too many reports in Memphis recently of car accidents involving children. Keep your children safe out there, folks – it’s your responsibility. Video Transcript Hello, this is Darrell Castle. I’m an attorney licensed to practice law in the state of Tennessee and on this video, I’m talking about safety – safety in cars primarily involving children. You know we have laws in this state – in the state of Tennessee – to protect children. Laws that require you to put children in seat belts and proper safety devices. To put them in car seats – approved car seats. And those are laws designed to protect children who are not able to protect themselves. They’re too small to