Helping Good People Get Out Of Bad Situations

Category: Bankruptcy

Can you stop the repossession of a financed personal vehicle?

On Behalf of developers | August 20, 2020 | Bankruptcy

Pretty much any line of credit that you take out as an individual will fall into one of two categories. Unsecured credit, like credit cards, doesn’t have collateral objects that the lender can take back if you fall behind on payments. Secured lines of credit, on the other hand, have physical items attached to the… Continue reading Can you stop the repossession of a financed personal vehicle?...
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Solutions for those overwhelmed by substantial medical debt

On Behalf of developers | July 23, 2020 | Bankruptcy

Medical debt plagues many Jackson, Mississippi, residents just like you. It is overwhelming to face these debts and have no way to address them. This is particularly troubling for those who require ongoing care or treatment for an illness or injury. If you cannot pay your existing bills, how can you continue to receive the… Continue reading Solutions for those overwhelmed by substantial medical debt...
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Can you avoid a creditor wage garnishment with bankruptcy?

On Behalf of developers | July 11, 2020 | Bankruptcy

When your debt level reaches a point where you can’t pay off your creditors or even make the required minimum payments every month, you may have to start making difficult decisions. You may pay the bills you need to cover to remain in your home while letting others go past-due. Companies that don’t receive timely… Continue reading Can you avoid a creditor wage garnishment with bankruptcy?...
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Considering bankruptcy? You’re likely to have questions

On Behalf of developers | June 20, 2020 | Bankruptcy

Should your finances take a turn for the worse, there may come a point in the near future when you ponder the pros and cons of bankruptcy. Before you decide in favor of or against bankruptcy, it’s critical to answer a variety of questions as they pertain to your situation. Here are a few that… Continue reading Considering bankruptcy? You’re likely to have questions...
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Why older people are working longer

On Behalf of developers | June 19, 2020 | Bankruptcy

If you’re over 65 and you’re still waking up at dawn to go to work, there’s a good chance that it’s because you need the money. According to a survey by Provision Living, which is a company behind senior living communities, 60% of employees working during what used to be considered the retirement years aren’t there… Continue reading Why older people are working longer...
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Learn the truth about these 3 bankruptcy myths 

On Behalf of developers | June 10, 2020 | Bankruptcy

There are dozens of myths about bankruptcy that don’t have any basis today. Sometimes, myths were created out of a misunderstanding of the purpose of bankruptcy. Sometimes, it’s a result of changes in laws over time that bankruptcy is misunderstood.  It’s important that you know what bankruptcy is and isn’t, so you can make wise… Continue reading Learn the truth about these 3 bankruptcy myths ...
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Understand these points about medical bankruptcy

On Behalf of developers | May 18, 2020 | Bankruptcy

Medical bills are one of the many factors that can lead Americans to file for bankruptcy protection. The high cost of care coupled with the rise in normal living expenses is leading some individuals to wonder how they are going to make ends meet. This is especially true when they are unable to work as… Continue reading Understand these points about medical bankruptcy...
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Can the automatic stay help you?

On Behalf of developers | April 22, 2020 | Bankruptcy

When a consumer files for Chapter 7 or Chapter 13 bankruptcy, the court issues an automatic stay that prevents creditors from trying to collect on debts. This effectively puts a halt on written demands, as well as phone calls, emails and personal visits. Some filers appreciate this because it takes away one of the big… Continue reading Can the automatic stay help you?...
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Post-bankruptcy budgeting tips

On Behalf of developers | February 28, 2020 | Bankruptcy

With either Chapter 13 bankruptcy or Chapter 7, you want to create a budget for your post-bankruptcy life. It’s crucial with Chapter 13 since you have a repayment plan based on what you can afford. Even with Chapter 7, though, which gives you a fresh start and liquidates assets, you still want to create a… Continue reading Post-bankruptcy budgeting tips...
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Know these Chapter 7 bankruptcy requirements

On Behalf of developers | February 27, 2020 | Bankruptcy

A Chapter 7 bankruptcy filing enables you to have your debts wiped out without you having to make payments to the bankruptcy trustee to help pay them off. There are specific requirements for filing a Chapter 7, so it is imperative that anyone considering this option takes the time to ensure they have everything in order… Continue reading Know these Chapter 7 bankruptcy requirements...
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