Chapter 7 and 13 Bankruptcies for Debt Relief
Heidi Milam Attorney at Law PLLC is an experienced bankruptcy attorney in Southaven, MS. She has helped countless individuals and businesses salvage their finances through Chapter 7 and 13 bankruptcies without losing personal property. She can help you decide which option will work better for your situation, whether it’s Chapter 13 or Chapter 7 bankruptcy. During your consultation, we will carefully explain the differences between the two, how the process works, and what we need to proceed. From there, she will make sure you meet your obligations, and our firm will protect you and your property from your creditors.
How Bankruptcy Can Help You Reclaim Your Life
Our bankruptcy services help clients move forward at a time when things seem most hopeless. Anyone who has had a significant sum of debt can attest to the overwhelming amount of calls creditors make to retrieve their money. And everyone who has gone down this path understands how hard it is to pay off debts without incurring new ones. Fortunately, Chapter 7 and 13 bankruptcies offer solutions to all these problems.
Chapter 7 and 13 Bankruptcies Offer Solutions to All These Problems
Credit Card Debt
Credit cards are an alluring option for those without immediate cash-on-hand, but they can cause trouble quickly. In extreme cases, bankruptcy is the best way forward.
Before you allow the bank to take your home, call us. Under Chapter 13 bankruptcy, you can roll past-due mortgages into a debt repayment plan.
Wage Garnishments and Repossessions
Protect your salary and possessions by contacting Heidi Milam Attorney at Law PLLC when you receive a notice for either of these items.
The most stressful part of a debt is the relentless calls from your creditors. Bankruptcies include an automatic stay, forcing creditors to cease calling you.
Bankruptcy in Divorce
If you have considerable debts and are considering a divorce, you might want to file for divorce first. However, contact us first. Not all situations are equal.
Some medical procedures, like surgeries, carry astronomical price tags ordinary Mississippians can’t afford. We offer customized debt solutions.
Emergency Bankruptcy Protection
Foreclosures, repossession, wage garnishments, and lawsuits are not foregone conclusions. You can fight them with emergency bankruptcy protection.
In some cases, you can peel away a second or third mortgage because these debts are no longer secured by collateral. The Chapter 13 process can resolve them.
Life After Bankruptcy
Bankruptcy is only the beginning. We want to give you the tools to resolve current debt and achieve a perfect credit score in the future!
We Help You File for Bankruptcy Without Property Loss
Contrary to what many believe, Mississippi law has exemptions that allow people and organizations to keep substantial amounts of personal property. For example, there is a $75,000 homestead exemption that enables many to keep their homes. And the $10,000 personal property exemption allows clients to keep the majority of their assets, including cars. We can help you utilize the protections available to you and walk away from bankruptcy without losing significant assets.