All Press Releases for February 25, 2015

Knoxville Bankruptcy Attorneys Clark & Washington Discuss How To Continue Reducing Your Debt

Clark & Washington's Knoxville bankruptcy lawyers outline some effective debt reduction strategies.

    KNOXVILLE, TN, February 25, 2015 /24-7PressRelease/ -- The Knoxville bankruptcy attorneys at Clark & Washington wish to discuss ways to continually reduce your debt. Attacking a large debt can be very difficult, but with the proper planning, patience, determination and discipline, it can be done over time.

At the beginning of each year, we all make resolutions and commit ourselves to going about our business and personal lives differently in the year to come. The biggest issue with this is the failure to execute a plan or even put a plan in place. When it comes to reducing your debt, it takes strict planning and strict adherence to that plan. Here are four simple ways that you can reduce your debt.

1. Stop spending! Spending money is the absolute worst way to fight your debt. Some spending is obviously required for everyday living, but extraneous spending should come to a halt when you are trying to reduce your debt, at least until you have reached your goal.
2. Prioritize your debts in order of importance. Certain debts are more important than others and the failure to pay some debts can have more dire consequences than others. For this, you need to plan accordingly and pay off the most important debts first.
3. Create a monthly budget. By tracking your spending, you will often find money in places you never knew existed. Track your progress as you pay down your debt and also track your spending. Organization is key to financial stability.
4. Seek out assistance. A good Knoxville bankruptcy lawyer will be able to sit down with you and openly discuss your debt, your options and ways to improve your financial situation. Don't go it alone; there are numerous resources for you out there.

For more information or to schedule a free consultation with an expert Knoxville bankruptcy attorney, visit

About Clark & Washington:

Established in 1983, Clark & Washington is now one of the leading bankruptcy filers in the Southeast. They have locations in Georgia, Florida and Tennessee. Clark & Washington specializes in personal chapter seven and 13 bankruptcy. They offer honest, helpful legal advice to those experiencing financial hardships.

For more information, visit

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