Posts tagged "Personal bankruptcy"

Overwhelmed by debt? Take back your life with personal bankruptcy

When a person is living with overwhelming debt, the word living may be somewhat up for debate. If you owe a substantial amount in credit card and/or medical bills, chances are you might have very little left over after paying monthly expenses. Depending on the severity of your debt, you could be unable to even make payments.

Study highlights medical expenses of cancer survivors

The New Year is here, and many in the Southaven area may be resolving to get healthier in 2016. From working out more often to eating healthier meals, it's not uncommon for New Year's resolutions to center on health and wellness. Still, there are some health conditions that people have little control over; some unfortunate individuals may be stricken by diseases like cancer no matter how healthy their lifestyle.

Holiday season throws spotlight on need for debt relief

Personal finance is a topic few people want to think about during the holiday season, but it can literally pay off to be money-conscious this time of year. Still, with all the stress of the season, dealing with credit card debt and other forms of debt can seem overwhelming. When accounts go to collections and debt collectors are added to the mix, the results can be extremely unsettling.

Financial challenges, student loans and "robocalls"

Mississippians use their cellphones and smartphones for just about everything these days, including negotiating with creditors and discussing debt with lenders. However, for anyone who has ever struggled with unpaid bills and owed money as a result, the telephone's ringing can be cause for alarm. Filing for personal bankruptcy can put a stop to creditors' attempts to contact a person and allows a bankruptcy attorney to handle communication with creditors.

A look at personal bankruptcy reform 10 years on

As Mississippi and the rest of the country continues to work its way through a struggling economy, many local residents have either filed for bankruptcy or at least considered it. In many ways personal bankruptcy is a huge step for any individual, but it is often the only way to truly obtain a fresh financial start.

A look at personal bankruptcy reform 10 years on

As Mississippi and the rest of the country continues to work its way through a struggling economy, many local residents have either filed for bankruptcy or at least considered it. In many ways personal bankruptcy is a huge step for any individual, but it is often the only way to truly obtain a fresh financial start.

Bad credit doesn't just affect those filing for bankruptcy

In the past, even the recent past, filing for bankruptcy often carried with it a certain amount of social stigma. Nowadays, though, in an economy that's tough to predict, personal bankruptcy is viewed more objectively by many people. Individual bankruptcy, whether Chapter 7 or Chapter 13, can be a powerful and strategic tool for gaining new financial footing. If utilized correctly, personal bankruptcy can help those who have few other options. In addition, it can aid individuals in learning new financial habits and freeing-up money to pay off non-dischargeable debts.

What is "current monthly income" in a bankruptcy case?

Anyone who is considering filing for bankruptcy is probably all too aware of their current financial state. However, when it comes to personal bankruptcy, there are various terms concerning one's income that are used during the bankruptcy process. A Southaven bankruptcy attorney can offer legal advice regarding Chapter 7 or Chapter 13 bankruptcy, the two types of individual bankruptcy commonly available to local residents.

Mississippi ranked worst in nation for student debt

Many Southaven residents want their children to grow up, obtain a college education and earn a good income while working a fulfilling career. In today's economy, though, a college education can leave one with significant debt. When this debt is combined with other debt, such as credit card debt or medical expenses, a young adult may become completely overwhelmed. In cases where qualifying debts far outpace one's income, personal bankruptcy may be a solution.

Even Mississippi millionaires can benefit from bankruptcy

Most Southaven residents probably associate personal bankruptcy with individuals struggling with their finances. Indeed, Chapter 7 or Chapter 13 bankruptcies help debtors take charge of their finances and confront difficult situations. However, not everyone who struggles with debt is low-income. Even Mississippi millionaires and other high earners can find themselves filing for bankruptcy to achieve a fresh start.

Office Location

7160 Tchulahoma Road Suite A5
Southhaven, MS 38671

Toll Free: 888-341-8136
Phone: 662-655-1605
Fax: 866-267-5360
Southhaven Law Office Map

Review Us

REACH US BY PHONE