Bankruptcy Law

People sometimes worry about foreclosure, even if they are generally very good about paying their mortgage on time. If they miss a payment, they are worried that the bank is going to take the home that is so central to their family’s life. The thing to remember is...

Yes, it is certainly possible to file for bankruptcy twice. In fact, there is technically no limit on the number of filings a person has. You can use the bankruptcy process repeatedly, as long as you have eligible debt and meet other qualifications. However, there are...

Filing for bankruptcy requires you to disclose all property, financial interests and other assets that may belong to the bankruptcy estate. Leaving something off your bankruptcy schedules can have serious consequences if prosecutors believe you intentionally tried to...

Filing for bankruptcy is often a difficult financial decision made by people seeking relief from overwhelming debt. Most individuals who enter the bankruptcy process are attempting to resolve financial problems honestly and move forward with a fresh start. Even so,...

Debt has a way of becoming a shared burden in a marriage, even when it starts with just one spouse. You may find yourself trying to keep up with bills, credit cards or medical expenses that no longer match your income, while also trying to protect your home, your...

Financial strain can place immense pressure on a business owner, especially when debts become unmanageable. Chapter 7 bankruptcy is often considered when continuing operations is no longer realistic and obligations outweigh available resources. For business owners, it...

When bills keep stacking up and income no longer stretches far enough, you may wonder whether Chapter 7 bankruptcy offers relief or creates new trouble. In Mississippi, Chapter 7 often works as a financial reset for people who qualify, but it does not fit every...

When you decide it's time to file for bankruptcy, you will likely encounter language you don't understand that affect your case. Bankruptcy terms can be deceptively simple or sound like other legal concepts. Rather than stumbling through the process, learn the correct...

Medical bills can create a substantial amount of debt in very little time. Just emergency transportation to a hospital could cost thousands of dollars, not to mention surgery or other types of medical intervention, along with an extended stay in the hospital. An...

When you hear from your mortgage lender regarding foreclosure, it means you have missed a number of payments. The mortgage lender will usually try to contact you at the beginning to give you options to get current on those payments, but if you can’t do so, then they...