Mississippi Bankruptcy Help

Lien Stripping – Getting Rid of 2nd Mortgages

There is a provision of the bankruptcy law that allows Mississippi homeowners to eliminate second mortgages. Not widely known, this section of the bankruptcy code is becoming increasingly popular to bring the mortgage debt closer to the real value of the home. Bankruptcy law prevents a homeowner from getting rid of the first mortgage if [...]

Read the full article →

Should I File Bankruptcy?

Individuals with excessive debt sometimes wonder whether it makes sense to file for bankruptcy. There are many reasons why people who need financial help should file for Chapter 7 bankruptcy or Chapter 13 bankruptcy. Making this decision is something you should discuss with a well informed Mississippi Bankruptcy attorney who is an authority in consumer [...]

Read the full article →

Myths About Bankruptcy In Mississippi.

It used to be that filing bankruptcy in Mississippi carried with it a bad social stigma. Not anymore. Did you know that Toni Braxton has filed bankruptcy twice. She stated in an interview that “bankruptcy for me was a protection”. She used bankruptcy to protect herself from all the creditors that came after her when [...]

Read the full article →

Using Credit Cards Before Bankruptcy.

Stop using all credit cards once you decide to file bankruptcy. Some debts incurred right before you file bankruptcy could be considered non-dischargeable, which means they will not be wiped out in your bankruptcy case. Within 90 Days of Filing Bankruptcy: Luxury items charged to credit cards that total more than $550 within the 90 [...]

Read the full article →

How to Obtain Copies of Your Credit Reports.

As part of the Federal Fair and Accurate Credit Transactions (FACT) Act, every Mississippi Resident is eligible to receive one free Personal Credit Report every 12 months from each of the nationwide credit reporting companies. To learn more, please visit the FACT Act Central Site located at: www.annualcreditreport.com. Any other web site offering you free [...]

Read the full article →

Will I Lose My Car Or Truck If I File Bankruptcy?

No. Bankruptcy laws are designed to give you a fresh start without having to start all over again with nothing. As part of your new lease on life you get to keep a certain amount of property for you and your family. This property is called “exempt property.” The Mississippi exemptions available for motor vehicles [...]

Read the full article →

Will I Lose My House If I File Bankruptcy?

Read the full article →

What is Chapter 7 In Mississippi?

There are many types of bankruptcy, but only two types that most Mississippi residents would be interested in. Chapter 7 is what people refer to as total bankruptcy, liquidation or complete bankruptcy. Where a Chapter 13 proposes a plan to repay your creditors over set period of months, Chapter 7 wipes out or discharges your [...]

Read the full article →

What is Chapter 13 In Mississippi?

There are many types of bankruptcy, but only two types that most Mississippi residents would be interested in. Chapter 13 is what people refer to as bill consolidation, debt relief plan and bill repayment plan. Where a Chapter 7 wipes out or discharges your debts without any payment, a Chapter 13 proposes a plan to [...]

Read the full article →

Is My Personal Information Protected in Court Papers During A Bankruptcy?

There is enough personal and private information revealed in court pleadings for an ID thief to take an individual’s identity and use it to commit fraud. These frauds can take many forms, from simple larceny to complex identity crimes. An adult may not find out about the identity theft until they review their credit bureau [...]

Read the full article →

← Previous Entries

Next Entries →