Short answer: Not necessarily. Mississippi exemptions may protect some or all of your tax refund, but the result depends on the refund’s source, when you file, and whether you use…
Read MoreShort answer: A Mississippi small estate affidavit may let a qualifying successor collect personal property without full probate when the entire probate estate is worth $75,000 or less after liens…
Read MoreShort answer: You may need probate in Mississippi when a deceased person’s assets cannot pass through joint ownership, a beneficiary designation, or another authorized transfer procedure. A will does not…
Read MoreShort answer: No. There is no minimum debt amount required to file bankruptcy. Eligibility and whether filing makes sense depend on your income, expenses, assets, debt types, prior cases, and…
Read MoreShort answer: No. Filing bankruptcy does not automatically mean losing your home, car, or belongings. Exemptions may protect property, but what you can keep depends on its equity, loan payments,…
Read MoreShort answer: Start by reviewing your income, essential expenses, debts, and any collection deadlines. Randall R. Saxton helps Madison-area clients compare bankruptcy and other options, understand what property may be…
Read MoreShort answer: The main developments covered here are rising consumer bankruptcy filings, inflation adjustments to Bankruptcy Code dollar amounts, and changes to bankruptcy rules and forms. This is a review…
Read MoreShort answer: Bankruptcy may help you make a financial fresh start when debts are no longer manageable, but the best filing date depends on your income, assets, tax refunds, and…
Read MoreShort answer: Yes, in most cases. Filing bankruptcy triggers an automatic stay that stops most collection calls, debt lawsuits, and wage garnishments. Some proceedings are excluded, and prior filings or…
Read MoreIn brief: Randall R. Saxton was elected Treasurer of the Mississippi Volunteer Lawyers Project’s Board of Directors. The role supports the organization’s financial stewardship and its work expanding access to…
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