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Helping Good People Get Out Of Bad Situations

Month: October 2020

The differences between Chapter 11 and Chapter 7 bankruptcy

On Behalf of developers | October 30, 2020 | Bankruptcy

Bankruptcy helps debtors in Mississippi get relief from certain debts so they can start fresh financially. However, not all bankruptcy types work the same. The type of bankruptcy you use will depend on several factors. Chapter 7 Chapter 7 bankruptcy converts non-exempt assets into liquid to pay creditors. Non-exempt assets commonly include second vehicles, family heirlooms, valuable… Continue reading The differences between Chapter 11 and Chapter 7 bankruptcy...
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Ways to get medical debt relief

On Behalf of developers | October 29, 2020 | Medical Debt

Even with health insurance, medical debt can still get expensive. The Kaiser Family Foundation reported that one in five working Americans claimed they had trouble paying medical bills in 2016. Fortunately, consumers in Mississippi have ways to get medical debt relief. Negotiating debt and in-house financing Doctors and health care facilities would rather debt be… Continue reading Ways to get medical debt relief...
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Could you be stuck with some debts after your bankruptcy?

On Behalf of developers | October 23, 2020 | Chapter 7 Bankruptcy

Your financial situation is dire and rapidly getting worse, so you’ve made the decision to file for bankruptcy. You’re waiting a little to either save up the filing fees or to get through the holiday season — and that’s fine. Just watch what purchases you’re making on credit during this time. Otherwise, you may find… Continue reading Could you be stuck with some debts after your bankruptcy?...
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Should more people be considering bankruptcy?

On Behalf of developers | October 21, 2020 | Bankruptcy

Americans are no strangers to debt – our economy runs on it. Tens of millions of individuals and families in the U.S. have debt, but the amount of debt and the ability to pay it off varies widely. That being said, the annual rate of bankruptcies is inconsistent with the rate of unmanageable debt. According… Continue reading Should more people be considering bankruptcy?...
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Can bankruptcy discharge student loans?

On Behalf of developers | October 9, 2020 | Bankruptcy

When you’re 18, student loans sound fine. You don’t have to pay them back anytime soon — or, at least, that’s how it feels — and you may not even realize how much debt you’re taking on. Plus, you’re sure that your degree is going to get you an excellent job anyway, so paying off… Continue reading Can bankruptcy discharge student loans?...
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