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Category: Uncategorized

How do Mississippi wage garnishment laws work?

On Behalf of developers | June 21, 2022 | Bankruptcy,Uncategorized

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 paycheck, it helps to understand what… Continue reading How do Mississippi wage garnishment laws work?...
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Major changes on medical debt announced by credit reporting execs

On Behalf of developers | April 12, 2022 | Bankruptcy,Uncategorized

Many Americans – even those with health insurance – are drowning in medical debt. One long-term illness or serious injury can result in medical bills adding up to many thousands of dollars. The Consumer Financial Protection Bureau (CFPB) puts medical debt in the U.S. at a total of somewhere between $81 and $140 billion. That… Continue reading Major changes on medical debt announced by credit reporting execs...
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Rebuilding your credit after bankruptcy

On Behalf of developers | August 27, 2021 | Bankruptcy,Uncategorized

Chapter 7 bankruptcy in Jackson, Mississippi, discharges unsecured debt through liquidation, which requires you to sell assets. With Chapter 13, you pay the debts gradually through a restructuring plan. However, you may notice your credit score will drop for several years, but there are ways to rebuild it. How bankruptcy impacts credit scores While Chapter 7… Continue reading Rebuilding your credit after bankruptcy...
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Bankruptcy filing data shows ongoing needs

On Behalf of developers | February 25, 2018 | Bankruptcy,Uncategorized

Many people may believe that once a recession has been declared over and most economic indicators point to a positive economy, the need for personal bankruptcy no longer exists. This could not be further from the truth and plenty of Mississippi residents are all too aware of their continued need for debt relief. As explained… Continue reading Bankruptcy filing data shows ongoing needs...
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When does a hobby turn into a habit?

On Behalf of developers | November 30, 2017 | Bankruptcy,Uncategorized

With the holiday season quickly approaching, sales are around every corner. Whether it is a new television set for the family or simply a personal shopping treat, the temptations to buy a plethora of products are at their strongest. What, then, is the end result regarding one’s wallet? Although many Mississippi residents can coast through… Continue reading When does a hobby turn into a habit?...
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What is a home equity loan?

On Behalf of developers | November 15, 2017 | Bankruptcy,Uncategorized

For Mississippi residents like you who are struggling with debt, there are many different loans that you can look into. They all serve different purposes and have their own unique benefits and pitfalls. One of the many types of loans is called a home equity loan. According to The Balance, home equity loans are secured by… Continue reading What is a home equity loan?...
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