If you are overwhelmed with medical expenses, you are not alone. I read an article recently where it stated that medical bills and accounts now represent over 50% of debt classified as being in collections status. That’s huge! According to the Federal Reserve, the government agency that keeps up with…
Yes! You can get back money that was garnished from your wages (if the debt is dischargeable) if you file bankruptcy. In Mississippi, you can only recover garnished wages were taken within 90 days of your filing for bankruptcy and the amount taken was more than $600. You are not…
Before you accept a new credit card, there are a few things you need to know and to consider: Don’t accept too many – Be selective about the cards you choose and don’t have too many at one time. There is rarely a good reason to have more than one…
I attended the Regs X & Z / Loan Modification Seminar held in Shelby, NC this year with my daughter, Rachel. She is in law school and has heard me talk a lot about the mortgage crisis and how much wrongdoing happens every day to good, hardworking people so she…
I enjoyed speaking at the conference this year to my peers. The only thing I love more than taking a bite out of a banker and save someone’s home is teaching other attorneys how to do the same! The title of my session was “Pulling Back the Curtain…” I compared…
A paper written by David Bernstein, an economist at the U.S. Treasury, argues that credit card debt can play a part in families losing their homes and that this debt is deepening the mortgage crisis. He posted this paper as a private citizen, but utilized information from the Survey of…
Yes. You can file bankruptcy in the US if you do not have a Social Security Number (SSN). There is no requirement that you be a US citizen to file for bankruptcy in the US. There is no requirement that someone be a US resident to file for bankruptcy in…
There are 4 ways you can get a copy of your tax return information or transcripts. If you are filing bankruptcy, you will need a copy of the last 2 (two) years filed tax returns regardless of whether you owe(d) taxes or receive(d) a refund. Example – if you were…
As part of the Federal Fair and Accurate Credit Transactions (FACT) Act, every Mississippi Resident is eligible to receive one free Personal Credit Report every 12 months from each of the nationwide credit reporting companies. To learn more, please visit the FACT Act Central Site located at: annualcreditreport.com. Any other…
The E-Government Act of 2002, contains laws governing privacy of information in court files in order to protect personal, sensitive, and private data from being available to the public. Federal courts had to immediately update their rules and practices to be compliant with this Act. These rules state that personal…