Country Credit is a finance company located in Brookhaven, Mississippi that processes loans to individuals. They specialize in granting small loans to people who can’t get loans from banks. Most loans from Country Credit are for less than $5,000. 

They offer both secured and unsecured loans.

What Happens If I Can’t Repay a Loan to Country Credit?

Country Credit Country credit can sue you if you can’t repay your loan on time. Thus, they can file collections lawsuits in state court and get a judgment against you. Once they have a judgment, they are able to garnish your wages or your bank account.

Can I Include Country Credit in a Bankruptcy Case?

Yes, you can include Country Credit in a bankruptcy case. Debts owed to Country Credit are dischargeable in bankruptcy and can be eliminated. 

There are several types of bankruptcy available to individuals and businesses.  The most common types of personal bankruptcy are Chapter 7 and Chapter 13. 

When filing Chapter 7, your nonexempt assets shall be liquidated and the proceeds will be used to pay back certain lenders and debt collectors. 

In a bankruptcy filing under Chapter 13, you may keep your properties as long as you are capable of making your scheduled monthly payments to creditors.

You should seek help from trusted and experienced bankruptcy lawyers in Jackson, Mississippi. The bankruptcy procedure is a complex process and it will be difficult to manage it without legal help.

Contact our Jackson, MS bankruptcy lawyer, T.C. Rollins at The Rollins Law Firm for a free consultation today.

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