It used to be that filing bankruptcy in Mississippi carried with it a bad social stigma. Not anymore. Did you know that Toni Braxton has filed bankruptcy twice. She stated in an interview that “bankruptcy for me was a protection”. She used bankruptcy to protect herself from all the creditors…
No. Bankruptcy laws are designed to give you a fresh start without having to start all over again with nothing. As part of your new lease on life you get to keep a certain amount of property for you and your family. This property is called “exempt property.” The Mississippi…
No. Bankruptcy laws are designed to give you a fresh start without having to start all over again with nothing. As part of your new lease on life you get to keep a certain amount of property for you and your family. This property is called “exempt property.” The Mississippi…
First, a little history about bankruptcy. Bankruptcy originates from the Bible. The Lord told the Israelites in the Old Testament to forgive their debts every seven years and our founding fathers incorporated this into what we know as bankruptcy. These laws are designed to help honest people get a fresh…
Mississippi and Federal Bankruptcy law requires that you list each and every creditor, person and company that you owe money. This does not mean that you will lose your house, car, truck or furniture. The Mississippi courts require that you list everyone so they can get an accurate picture of…