Credit card debt is one of the most pervasive forms of debt in American society. In 2017, the total amount of credit card debt in the country exceeded $1 trillion. The average adult in the United States has over $6,000 in debt from credit cards. Filing for...
Month: April 2019
Mortgage modifications during Chapter 13 bankruptcy
Filing for bankruptcy can be a powerful tool to aid people in gaining a firm financial standing. For this reason, more people are considering this option. For those who own a home, there are a few ways that a chapter 13 bankruptcy may affect you. In...
Bankruptcy reform proposals highlight student loan debt
Many Mississippi residents are struggling under piles of insurmountable debt. The sources of these debts may include everything from credit cards and auto loans to medical bills and student loans. While many of these debts can be discharged through personal...
How to rebuild credit after filing for bankruptcy
After Mississippi consumers have filed for bankruptcy, they may be concerned about rebuilding their credit. However, they should be wary of companies called credit repair agencies that offer to help with this. Under the Credit Repair Organizations Act, it is not legal...
How to deal with debt collection tactics
Mississippi residents with mounting debts often get phone calls from debt collectors. Some of these threatening callers may not be following regulations on debt collection procedures. In fact, debt collectors are sometimes accused of harassing debtors. According to...
Hospital patients often hit with surprise out-of-network bills
Most people in Mississippi choose hospitals within their insurance networks to avoid higher medical bills. Despite their best efforts, they still might end up paying surprise out-of-network fees. A nationwide study from the Health Care Cost Institute has revealed that...