If you fail to pay alimony, child support, or student loans, your wages are often garnished. However, before the wage garnishment, there are legal limits of the garnishment amount. Additionally, different types of debts have different amounts of wage garnishment. In...
Does repossession damage your credit?
In the state of Mississippi, your lender can repossess your vehicle if you don't stay on top of your loan payments. This means that they can take the car from your property at any time as long as they don't threaten you or disturb your neighbors. Repossession isn't...
Does bankruptcy address wage garnishments?
Financial troubles could become an immense burden on many Mississippi residents. When their debt reaches significant levels, seeking protection from the bankruptcy court may be a viable option. A bankruptcy filing might not mean that all obligations go away as...
Am I allowed to leave chapter 13 bankruptcy protection?
Many adults throughout the nation struggle to keep up with their debts. If you're living with debt in Mississippi, you can utilize several strategies to resolve this problem. One of the most common ways to become debt-free is by declaring bankruptcy. With that in...
Are you a candidate for Chapter 7 bankruptcy?
It's important to decide if Chapter 7 bankruptcy is the right option for your financial situation and if it'll offer relief in Mississippi if you've accumulated a significant amount of debt in recent years. It may be the right step to take if it'll discharge enough of...
Do retirees deal with bankruptcy?
Retirement is not always a carefree time for everyone. Some residents of Mississippi find their golden years plagued by money issues. Without a nest egg, retirees may suffer from heavy debts. Even a generous pension might not cover living and other expenses. Solutions...
How bankruptcy handles student loans
Bankruptcy in Jackson, Mississippi, can eliminate most debts but not all of them. It only erases exempt, nonsecured debts, such as medical bills and credit card bills. One myth that still circulates is that student debt cannot be removed in bankruptcy. New proposed...
What steps should you take if you can’t pay your bills?
When unexpected circumstances come up, many people in Mississippi face a great deal of anxiety over not having enough money to cover their bills. If you find yourself in this unfortunate situation, the worst thing you can do is to avoid the problem. Financial trouble...
Tips for dealing with your medical debt
If you live in Mississippi and are struggling with medical debt, there are steps you can take to relieve some of the stress. First, keep in mind that it is not uncommon for there to be errors on your bills. Review your bill, and contact the provider if you have...
Student loans under Chapter 7 bankruptcy
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...
