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Chapter 13 Bankruptcy In Mississippi

If you are considering bankruptcy then read this infographic to learn about Chapter 13 bankruptcy and know how ouru00a0Mississippi bankruptcy attorney can help you determine whether you are eligible to file for bankruptcy. For more details call us at 601-202-5296.

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Chapter 13 Bankruptcy In Mississippi

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  1. CHAPTER 13 BANKRUPTCY IN MISSISSIPPI When you are faced with mountains of debt, every day can seem like a struggle. As fees and interest pile up, so do your worries. How will I afford to pay for gas and groceries this week? If the bank repossesses my car, how will I get to work? If a debt goes unpaid, the creditor can sue you for the money. Who is Eligible for Chapter 13? A Chapter 13 bankruptcy filing is only available to individuals that have a regular income because the debtor is required to make monthly payments for 3 or 5 years after filing. What is the Chapter 13 Repayment Plan? Chapter 13 Bankruptcy is especially beneficial to a person who is behind on their mortgage payment or has other secured debt because a Chapter 13 allows you to pay the arrears or back debt through the Chapter 13 “plan” and keep your home. The Chapter 13 plan is usually 3 or 5 years. Contact Us If you’re considering bankruptcy Chapter 13, our Ridgeland bankruptcy attorneys can help you determine whether you’re eligible to file for bankruptcy. 774 Avery Blvd N C, Ridgeland, MS 39157, USA 601-202-5296 trollins@therollinsfirm.com therollinsfirm.com

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