Many people falsely assume that once they file for Chapter 7 bankruptcy protection, they can no longer purchase a home. While there are credit ramifications associated with filing for bankruptcy, doing so does not permanently disqualify Mississippi residents from home...
After you filed bankruptcy for the first time, you likely thought that it would provide you the financial relief you needed. Many people can get their debt under control through a single bankruptcy case. Yet, you might have accrued other debts – through no fault of...
Consumers in Jackson, Mississippi, can file Chapter 7 bankruptcy to help them erase debts they can no longer manage to pay. Debtors commonly file bankruptcy to remove student loan debt. However, not all debts receive the same treatment under Chapter 7. Basics of...
If you're struggling with debt in the state of Mississippi, you might have thought about filing for bankruptcy. Filing for Chapter 13 bankruptcy can help you pay off your debts and get your finances under control. However, Chapter 13 is only available for people who...
Debtors in Mississippi may consider bankruptcy when they can no longer handle their debts. Debtors commonly file Chapter 7, a type of bankruptcy that liquidates assets to pay creditors. Certain debts get discharged, and the individuals start fresh. Not all debtors...
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...
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...
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...
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...
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,...
