There are numerous stereotypes out in circulation about debt and bankruptcy. It is a common misconception that financial hardship only falls on those who are careless with their money.  This is far from the truth though. Many Americans are currently struggling with...

Bankruptcy is a proceeding that provides debt relief. Two common types of bankruptcy are Chapter 7, a liquidation, and Chapter 13, a repayment plan. Many people in Mississippi choose Chapter 7, but they must pass a means test. Overview of the bankruptcy means test...

You’ve had a lot of financial ups and downs over the years, and your parents have been there to support you along the way. When you were struggling financially because of changes in your employment over the last couple of years, they lent you some money....