With groceries, gas and housing costs climbing higher every month, keeping up with daily expenses can stretch any budget to its breaking point. When severe debt piles up, bankruptcy may be your only path to a fresh start. But if you're paying child support, is...
Bankruptcy Law
A brief guide on the automatic stay in a Chapter 13 bankruptcy
When you're struggling with debt, creditors can seem relentless. Phone calls, letters and even legal actions can make your life stressful. However, filing for Chapter 13 bankruptcy can provide relief through something called the "automatic stay." Let's explore what...
The significance of credit counseling in the bankruptcy process
Filing for bankruptcy can be tough and overwhelming, especially for those who are not familiar with the process. One crucial step in this journey is credit counseling, which is a requirement for seeking bankruptcy. But what is credit counseling, and why is it vital?...
When should one consider filing for a Chapter 13 bankruptcy?
Even the most hardworking people can face unexpected financial challenges. A sudden job loss, a medical emergency or an economic downturn can quickly turn a stable financial situation into a struggle with mounting debt. However, options exist to help one regain their...
How does bankruptcy affect wage garnishment?
Imagine the stress of opening your paycheck only to find a significant portion missing. This is the reality for many facing wage garnishment. It can feel like a never-ending cycle of financial strain, leaving you wondering if there’s a way out. For many, bankruptcy is...
Can I keep my gadgets after filing for bankruptcy?
The answer is that it depends. Many people worry about losing their belongings, including electronics, during bankruptcy. This concern is valid, but the reality is often less severe than expected. Generally, bankruptcy laws aim to give individuals a fresh start, not...
Filing for bankruptcy can stop a foreclosure
In Mississippi and throughout the country, many households have been hit with financial problems in recent years. Some people have lost their jobs, while others have suffered health issues prompting a need for expensive medical care. Many people have incurred high...
Debt-causing issues that may prompt bankruptcy
Most people in Mississippi and across the country experience financial problems at some point. A wide range of economic issues can significantly impact one’s financial status. Many people have dealt with these issues. They often create an urgent need for financial...
Restore solvency with Chapter 13 bankruptcy
Throughout Mississippi and across the country, millions of people have been hit hard by financial crises in recent years. Savings in many households have been drained due to medical bills, loss of income, and credit card balances that have gotten out of hand. Many...
Filing Chapter 13 bankruptcy after Chapter 7
Recent years have been challenging financially for many in Mississippi and across the country. Thankfully, many individuals have been able to seek debt relief to resolve their immediate financial problems. Some find a solution by filing for Chapter 7 bankruptcy. While...
