On Behalf of developers | May 25, 2021 | Bankruptcy,Blog
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 just bad for your livelihood; it also… Continue reading Does repossession damage your credit?...
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On Behalf of developers | May 12, 2021 | Bankruptcy,Blog
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 restructuring could involve paying back a portion of the debt owed to creditors. That said,… Continue reading Does bankruptcy address wage garnishments?...
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On Behalf of developers | April 20, 2021 | Bankruptcy
Your long and, sometimes, difficult path to financial recovery is coming to an end, but, actually, it represents a new beginning. Emerging from bankruptcy is an accomplishment by itself. Now, what do you do? Bankruptcy allowed you to get rid of your debts and provide you with a chance at a fresh financial start. Now,… Continue reading Crucial steps to take upon emerging from bankruptcy...
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On Behalf of developers | March 8, 2021 | Bankruptcy,Blog,Chapter 7 Bankruptcy
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 legislation will make eliminating student loan debt easier, but until then, there… Continue reading How bankruptcy handles student loans...
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On Behalf of developers | February 17, 2021 | Bankruptcy
The COVID-19 pandemic has provided you with an unexpected opportunity. While abiding by social-distancing guidelines, you are still able to maintain your excessive spending habit by doing so online. And at all hours of the day. Point, click, submit credit card information and buy. Package after package arrive at your home. These are things you… Continue reading Overspending during pandemic may lead one to look inwardly...
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On Behalf of developers | February 8, 2021 | Bankruptcy,Blog
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 can be difficult to navigate, but below are a few… Continue reading What steps should you take if you can’t pay your bills?...
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On Behalf of developers | January 14, 2021 | Bankruptcy
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 your own – since your case’s discharge. Or, some… Continue reading How long do you have to wait before filing bankruptcy again?...
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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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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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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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