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...
Month: October 2020
Ways to get medical debt relief
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...
Could you be stuck with some debts after your 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...
Should more people be considering 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...
Can bankruptcy discharge student loans?
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,...