Bargain hunters failing to score foreclosures on the cheap
Anyone facing the possibility of losing their home should be aware of all the legal options available for stalling the foreclosure despite financial challenges, such as declaring bankruptcy to erase debt or reorganize one's finances. A few
Mortgage delinquencies increased in September
Filing for bankruptcy provides several specific benefits. These include stopping a mortgage loan from going into foreclosure. A Chapter 13 bankruptcy may well allow a homeowner to catch up on the delinquent payments if it is
Near crisis level of student-loan debt reached
Bankruptcies are entered into as a means to relieve debt when the amount incurred is no longer serviceable by the filer's income. By filing a Chapter 7 or Chapter 13 personal bankruptcy, most residents of Mississippi
College football coach to file for bankruptcy
A person typically files for bankruptcy when the debts owed so far exceed income that a payment plan is not an option. There are usually income restrictions on bankruptcy filings, but individual cases may vary.
Rising insurance costs placing strain on homeowners
Residents in Mississippi and other Gulf Coast states are facing a new foreclosure crisis, based not on bad mortgage deals made during the housing boom, but instead on rising insurance rates. After Hurricane Katrina, insurance costs in
Premier Pools files for bankruptcy
It's no secret that we live in a difficult economy to run a business in. Despite many people's best efforts, sometimes a business venture doesn't work out, or an established business experiences financial difficulties that
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