People who are drowning in debt often wonder how they’ll make ends meet. Just knowing that they owe money is stressful enough, but having the creditors try to contact them constantly adds more stress. Once someone realizes they need to take the step of filing for...
Bankruptcy
Why do you spend so much on a credit card?
When debt gets to be too much, you might start looking at your credit card bills. What you’ll be surprised to find is that you’ve spent more than you thought you did. In fact, this can get to the point where you can’t pay off the card and then you start compounding...
Why is it typically better to file for bankruptcy sooner?
Some people put off filing for bankruptcy because they are scared of the consequences or worried about what others might say. Some delay because they believe they are too busy to make it a priority right now or because they still cannot accept the reality of their...
Which bankruptcy process is right for you?
You have a lot of debt built up that you're not sure how to deal with. You may have been able to pay it off slowly at first, but now it’s gotten out of hand. So, what are your options to quickly rid yourself of your debt? Many people file for one of two types of...
Are you ready for the emotional impact of bankruptcy?
The decision to file bankruptcy is one that’s usually not made until every other option has been exhausted. Many people think that they will feel an overwhelming relief when they file, but this isn’t always the case. In some instances, negative emotions can occur. It...
Is it possible to buy a car after filing for bankruptcy?
Bankruptcy offers a fresh financial start for many individuals who are drowning in debt. However, you may have questions about what is possible after your filing is complete. For many, being able to purchase a car is important. However, after filing for bankruptcy,...
Documents needed when filing for bankruptcy
Deciding to file for bankruptcy isn’t a simple matter. It’s something most people stress about for months before actually filing. While bankruptcy is an effective solution to overcome significant debt, it can also have some consequences if you aren’t careful. One of...
Tips for paying off credit card debt
There are a number of different strategies available for Mississippi consumers who are dealing with credit card debt, and the right one for you will vary based on factors that include the size of your debt and your income. It may be possible to pay off the debt, but...
3 mistakes you need to avoid while filing for bankruptcy
Generally, people do not willfully walk themselves into financial difficulties. In fact, the average person does everything in their power to live within their means. Unfortunately, if you are overwhelmed by debt, one of the remedies you can consider is declaring...
How do Mississippi wage garnishment laws work?
If you have fallen behind with debt payments, the creditor may ask a court to garnish your wages. If the court agrees, it will tell your employer to pay part of your wages directly to the creditor to settle your debt. If your creditor is threatening to garnish your...