On behalf of O'Brien Law Firm, LLC | Jul 25, 2018 | Chapter 7
At the end of March 2018, there was a total of $1.4 trillion in student loan debt, according to the New York Fed. Across America, there are 44 million people – many of whom live in Mississippi – who have student loan debt, and it is highly unlikely that it...
On behalf of O'Brien Law Firm, LLC | Jul 17, 2018 | Bankruptcy
When people in Mississippi file for bankruptcy, the court issues an automatic stay that prohibits creditors from continuing to seek payment. Although issues like multiple bankruptcy filings could interfere with the immediate issuance of an automatic stay, the court...
On behalf of O'Brien Law Firm, LLC | Jul 10, 2018 | Bankruptcy
Some Mississippi consumers may be paying more than they have to in credit card interest rates because of a prevalent myth. Many people believe that carrying a balance is a way to build credit, but financial experts say this is not the case. A report from...
On behalf of O'Brien Law Firm, LLC | Jul 5, 2018 | Firm News
When many people think about the prospect of filing for bankruptcy, one of their primary concerns may be how the filing will affect their financial future. There are many tales of bankruptcy causing financial ruin and the difficulty of rebuilding a solid...
On behalf of O'Brien Law Firm, LLC | Jul 4, 2018 | Uncategorized
If you are struggling with overwhelming debt, you may be wondering what options you have. Bankruptcy is often a viable choice for people who have no other way to free themselves from their debt obligations. Bankruptcy can provide a much needed fresh financial start in...
On behalf of O'Brien Law Firm, LLC | Jul 2, 2018 | Bankruptcy
Generally speaking, those who have student loan debt in Mississippi and any other state are unlikely to have it discharged in bankruptcy. However, recent trends have seen bankruptcy judges reduce the amounts that debtors are asked to repay. Furthermore, lenders...
