I have found it helpful to share this checklist with people who call asking me “Should I file bankruptcy?” In a nutshell, if more than two of the following issues apply to you, it is possible that bankruptcy would be an option worth investigating further: Debt collectors are calling you…
Stop – if you are thinking of filing bankruptcy – do not do any of these transactions until you have spoken with me. Waiting a few days will not matter. “Better to be safe than sorry.” There is a right way to do things before you file bankruptcy, but there…
Under the Mississippi Check Cashers Act, the maximum amount you can borrow is $400. For example, a borrower writes a check for $400, pays the $72 fee, and receives $328 in cash. You may have more than one payday loan with a lender; however, the total amount may not exceed…
Payday loans are also referred to as cash advance loans, delayed deposit loans and deferred presentment loans. In a payday loan, a borrower writes a check to a lender in exchange for a short-term cash loan. The lender does not cash the check until the borrower’s next payday, up to…