Nobody likes losing, and for some people in Mississippi, filing for bankruptcy feels like losing. What you are losing, however, are the stress and anxiety that an overwhelming amount of debt brings. What you are gaining is a fresh start, and everyone deserves a new...
What does a trustee do in a chapter 7 case?
No matter where you live, federal courts oversee all bankruptcy cases according to rules established in the U.S. Bankruptcy Code. When you file a petition for chapter 7 bankruptcy in Mississippi, the federal trustee names another trustee to oversee the case and sell...
How can I guard against foreclosure fraud?
There are many sayings about not “rubbing salt in a wound” or “kicking someone when they are down.” Residents of Mississippi learn from their parents not to take advantage of others and a bad situation they may be facing. Unfortunately, there...
Can you lose a professional license after filing for bankruptcy?
You went to medical school, at an incredible personal cost. Tuition just kept climbing, but this was your dream. You fought for it. Plus, once you started, dropping out due to the high cost would leave you with nothing. You took on more and more loans. In addition,...
Bankruptcy trends in the U.S. and Mississippi
It has been roughly a whole decade now since the Great Recession hit the United States. While many people in Mississippi have been enjoying the results of a healthier economy there continue to be many who struggle to make ends meet. Despite news reports these people...
Understanding Chapter 13 bankruptcy qualifications
When you are neck deep in debt, it is easy to look around and feel as though you are the only one in Jackson struggling with such a problem. Trust us here at the when we tell you that you are certainly not alone. Debt can easily overwhelm...
