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...
What is a bankruptcy trustee?
If you are one of the many residents in Mississippi who has reached the point of realizing that your debt levels are higher than you can effectively manage on your own, you might be looking at filing for bankruptcy to help you out. A bankruptcy certainly has helped...
Health care costs a major factor in bankruptcies
Whether insured or uninsured, it is not uncommon for people in Mississippi to struggle to pay costs associated with health care. In fact, the Kaiser Family Foundation indicated that medical debt is the single biggest reason that consumers in the United States seek...
Buying a home after a bankruptcy
Even though the great recession was several years ago now, many people in Mississippi continue to face the consequences of the financial problems they experienced during that event. Part of this is because the after-effects lasted for a while. A lot of consumers tried...
How do Chapter 7 and Chapter 13 impact various debts?
You're trying to decide between Chapter 7 bankruptcy and Chapter 13. What are the differences and how do they impact your debts? The first thing you should know is that you may not be eligible for both. For instance, you can earn too much to qualify for Chapter 7....
What should you know about Chapter 7 Bankruptcy?
Choosing to file for bankruptcy in Mississippi is a big decision. Once you have made this choice and decided to file for Chapter 7, you may think there is little else you need to do. However, there is much more to this process and it is important for you to understand...
