Top Richland, MS Chapter 7 Business Bankruptcy Lawyers Near You
2506 Lakeland Drive, Suite 500, Flowood, MS 39232
101 Highpointe Court, Suite C, Brandon, MS 39042
190 East Capitol Street, Suite M-100, Jackson, MS 39201
4316 Old Canton Rd, Suite 101-C, Jackson, MS 39211
Chapter 7 Business BankruptcyLawyers | Serving Richland, MS
1400 Meadowbrook Rd, Suite 100, Jackson, MS 39211
Capital Towers, 125 S. Congress St., Suite 1240, Jackson, MS 39201
602 Steed Road, Suite 200, Ridgeland, MS 39157
106 S. President Street, Suite 400, Jackson, MS 39201
188 East Capitol Street, Suite 1000, Jackson, MS 39201
1010 N. West Street, PO Box 12274, Jackson, MS 39202
5760 I-55 North, Ste 100, Jackson, MS 39211
603 Duling Ave, Suite 204, Jackson, MS 39216
Chapter 7 Business BankruptcyLawyers | Serving Richland, MS
582 Lakeland E Dr, Ste C, Flowood, MS 39232
1765A Lelia Drive, Suite 103, Jackson, MS 39216-4820
9 Lakeland Circle, Jackson, MS 39296
1818 Crane Rdge Dr., Suite 100, Jackson, MS 39216
4270 I-55 North, Jackson, MS 39211
3100 N State St, Suite 300, Jackson, MS 39216
258 Market Street, Flowood, MS 39201
1020 Highland Colony Parkway, Suite 406, Ridgeland, MS 39157
4510 Hanging Moss Rd, Jackson, MS 39206
124 East Amite Street, PO Box 22688, Jackson, MS 39201
Chapter 7 Business BankruptcyLawyers | Serving Richland, MS
1755 Lelia Dr, Suite 400, Jackson, MS 39216
Chapter 7 Business BankruptcyLawyers | Serving Richland, MS
100 Vision Drive, One Eastover Center, Suite 400, Jackson, MS 39211
1000 Highland Colony Pkwy, Suite 5203, Ridgeland, MS 39157
Richland Chapter 7 Business Bankruptcy Information
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What Is Bankruptcy?
Bankruptcy is a legal process that allows people to get out from under debts that are causing serious financial harm. Through the bankruptcy process, you may be able to get rid of debts like medical bills, credit card bills, and other unsecured debts. Factors such as your income and whether you have assets that you can sell to pay off some of the debts are taken into account when filing for bankruptcy and will determine what happens.
What Happens When I File for Bankruptcy?
When you file for bankruptcy, you will be under a federal bankruptcy court’s supervision and protection. During this time, you, your lawyer, the court, and your creditors will work on a plan for discharging your eligible debts. Collectors will also be unable to repossess property and garnish your wages or bank accounts during this time.
How Much Does It Cost To File for Bankruptcy?
There is no easy answer to this question. The ultimate cost will be a mix of court filing fees and what you owe your attorney for guiding you through the process. What you owe will depend on how complicated your case is and whether there are any prolonged disputes with creditors. Most likely, however, the debt relief that comes with bankruptcy will outweigh any fees.
How Long Does Bankruptcy Stay on Your Credit Report?
A Chapter 7 bankruptcy filing will stay on your credit report for up to 10 years, while a Chapter 13 will remain for up to seven years. A bankruptcy filing will also harm your credit score. However, if you need to file for bankruptcy, it’s likely your score is not that high anyway, and your bankruptcy will give you a chance at a fresh start and time to rebuild your credit score.