The Memphis City Council spent 7 hours yesterday cutting . . . and cutting . . . and cutting . . . its budget.
Council members approved measures like layoffs and health insurance premium increases for city workers to try to balance the budget.
In total, the council has put together about $24.2 million in cuts; but as in most budget decisions, the changes are very controversial.
Any cuts will affect city employees and residents and could threaten some of the benefits everyone depends on. At the same time, these tough choices might be necessary to avoid having the state take over.
The council will meet again on June 25 to complete the budget.
As a bankruptcy attorney in Memphis, I always think about my clients when I read stories like this. I know how hard some of them struggle to make ends meet, and how tough it can be to pay back debt once it gets really high.
It’s always great to budget and be careful about your spending – especially when you’re in debt. But what happens when the debt is too high to fix with a budget? What happens when it feels like you’ll never, ever pay it back?
That’s where we can help. At Darrell Castle & Associates, we help you get rid of your debt when it’s just too much to pay off.
Wouldn’t it be great to have a fresh start, a life totally free of debt?
And to get there, don’t you want an attorney to help you who won’t judge you or make you feel bad?
Contact us today to get started. The conversation is completely free.
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