What Happens To Your Credit When You File Bankruptcy?
Filing for bankruptcy will most certainly have an immediate negative effect on your credit score. On the contrary, receiving a bankruptcy discharge will affect your credit positively. A bankruptcy discharge happens at the end of
What Is the Minimum Monthly Payment on Medical Bills?
Many people believe that if they are paying something, even a very small amount, it will stop collections. But is there really a minimum monthly payment on medical bills that can keep you out of debt?
Can Debt Collectors Sue You?
Yes! Debt collectors can sue you. Sometimes a debt collector will buy debt from a lender or medical provider. In such cases, instead of owing the lender or medical provider, you will legally owe the
How Long Do Chapter 7 Bankruptcies Last?
Chapter 7 bankruptcies will usually take about 4-6 months to complete. Chapter 7 bankruptcy is the quicker and simpler bankruptcy option for individuals. If you need help with filing bankruptcy, reach out to our Jackson,
Chapter 13 Bankruptcy Discharge: When Is It?
A chapter 13 usually discharges when plan payments are complete, typically at the end of the 3-5 year plan. Jackson, MS bankruptcy lawyer T.C. Rollins has filed thousands of chapter 13 cases to help people
Debt 101: Secured Debt
This pandemic has taken a financial toll on most Americans. Most people are forced into borrowing for their expenses due to hardship. It’s important to know the difference between secured and unsecured debt. The types