Bankruptcy Can Offer The Relief You Need
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Southaven Bankruptcy Law Blog

What is a secured credit card?

If you are in the process of recovering from bankruptcy, you may think that a credit card is the last thing you need or even out of reach entirely. However, this is not necessarily the case. In some instances, credit cards can be a very valuable tool for helping to...

What is the impact of filing Chapter 7?

Filing Chapter 7 bankruptcy in most cases means you will have debts dismissed without having to pay them off. For you, this can mean regaining solid financial footing, but you’re the creditors, it means losing money. However, once you file Chapter 7, you will not be...

What are the basics of a Chapter 13 repayment plan?

The main difference between Chapter 7 and Chapter 13 bankruptcy is that by filing for Chapter 13, you can avoid liquidating assets. Instead, you will come up with a repayment plan that will pay off most of your debts. If you complete the plan, your bankruptcy judge...

Bankruptcy after divorce: What you need to know

Divorce can change your life on many levels, including financially. If you need to file bankruptcy after your divorce, you are likely one of many going through with this legal process. According to the United States Courts, in 2020, bankruptcy filings in the U.S....

How can bankruptcy stop wage garnishment?

If you run into tough financial times, you may have trouble paying your bills or outstanding loans. If this happens, your creditors could approach your employer to garnish your wages. Suddenly you have less money to pay for other bills and could face financial ruin....

What are some ways I can stop foreclosure?

The idea of foreclosure is frightening for multiple reasons. Not only is foreclosure terrible for your credit score, it may leave you homeless. Particularly if you have children, losing your family home may sound like a nightmare. The good news is that the only group...

How can you rebuild your credit after bankruptcy?

When your bankruptcy is finalized, you may feel an overwhelming sense of relief. You no longer have massive debts hanging over your head and you are ready to start fresh. However, you know you still have challenges ahead, particularly on how you can rebuild your...

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