Filing for bankruptcy in Mississippi following a business failure
Small businesses can be expensive to get going and even more expensive if they fail. That is because, in many circumstances, the business owner will be stuck with the debts of the business and no
Loan modifications during a bankruptcy
When a Mississippi resident is faced with foreclosure, he or she may file for bankruptcy to save a home. Chapter 13 bankruptcy is most commonly used for this purpose because it gives individuals more time
Reducing negative credit impacts in a divorce
In a divorce, couples often face financial struggles over debts and assets. One common complexity involves mortgages and the marital home. Bankruptcy laws are designed to provide relief to persons facing overwhelming debt and may offer protection
Divorcing couples face unique financial challenges
Divorcing spouses in Mississippi who are attempting to come to an equitable division of marital property often find themselves facing financial challenges and difficult decisions. Ownership of the marital home is frequently an issue that
Medical bills leading factor in personal bankruptcy
Financial hardship is nothing new for many Americans living in Mississippi and elsewhere during the post-recession economy, but one threat to home finances has emerged as a leading cause of individuals filing for bankruptcy. An
Personal and business bankruptcy filings are going down
Residents in Mississippi may be interested to know that analytic data provided by Epiq Systems, Inc. is showing that bankruptcy filings have gone down by 12 percent this May compared to last year. Business filings were found
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