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October 2017 Archives

Is it hard to modify your mortgage?

All types of debt could be weighing you down: credit card bills, medical payments, student loans and mortgage payments, to name a few. To avoid bankruptcy or to keep your house during bankruptcy, one option you might want to consider exploring is mortgage modifications. Are they relatively easy to get, or is being granted one a rarity?

Is bankruptcy always a good idea when you are in a lot of debt?

For many people struggling under the weight of tremendous debt, bankruptcy makes good sense. For example, Chapter 7 can wipe out unsecured debts such as credit cards and medical bills. Chapter 13 reorganizes debt so it is more manageable to pay. However, there are some cases in which bankruptcy may not make sense, such as:

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O'Brien Law Firm, LLC
1630 Goodman Road East, Suite 5
Southaven, MS 38671

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