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...
What are exemptions in Chapter 7 bankruptcy?
Mississippi consumers who are overwhelmed by their financial obligations might have an out through Chapter 7 bankruptcy. This requires debtors to sell off their non-exempt property through a trustee. The trustee values the assets and uses the funds from sales to pay...
Crucial steps to take upon emerging from 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...
How a Chapter 7 case could impact your credit
Filing for Chapter 7 bankruptcy can have a significant impact on your credit score. However, there is no guarantee that your score will go down after your debts are discharged by a Mississippi judge. In the event that your score does go down, it may be possible to...