Residents of Jackson, Mississippi, who are faced with negative information on credit reports may wonder about how long these details will follow them. From a missed payment to a chapter 7 bankruptcy, an individual's credit score reflects
A Chapter 7 bankruptcy often becomes necessary due to financial problems such as job loss, injury or an increase in the cost of living. Prolonged legal difficulties may also prompt a filing for Chapter 7.
Financial hardships such as medical expenses, job loss and increases in the cost of living are common reasons for declaring a Chapter 7 bankruptcy. This type of bankruptcy allows most people to retain the majority
Many companies start out with the funds that should cover startup costs. However, that isn't always the case, and even good intentions and the best planning can lead to Chapter 7 bankruptcy. It's wise to consider
Bankruptcy can allow a distressed consumer to create a fresh start and put an end to creditor harassment. A Chapter 7 bankruptcy can become contentious, however, when the liquidation process begins and the court decides
In this tough economic environment, many companies face financial difficulties. When they become too much to handle, some may choose to file for bankruptcy. In some more challenging cases, companies either choose to convert or