Chapter 7 Bankruptcy
Eliminate Debt & Reclaim Your Financial Freedom
If you're struggling with overwhelming debt, creditor harassment, or financial stress, Chapter 7 bankruptcy can provide the relief you need to move forward. At Miranda Linton Williford Attorney At Law, PLLC, we help individuals in Corinth, Southaven, and surrounding areas navigate the Chapter 7 process with confidence, giving them a clean slate and a path to financial stability.
What is Chapter 7 Bankruptcy?
Chapter 7, also known as “liquidation bankruptcy,” allows you to eliminate most unsecured debts, including:
✔ Credit card debt
✔ Medical bills
✔ Personal loans
✔ Utility bills
✔ Certain tax debts
This process provides fast and effective debt relief, typically within 3 to 6 months, allowing you to start fresh without the burden of unmanageable debt.
How Chapter 7 Can Help You?
✔ Stop creditor harassment, wage garnishments, & lawsuits
✔ Prevent repossession of personal property
✔ Discharge unsecured debts & eliminate financial stress
✔ Start rebuilding your credit and financial future
Many clients worry about losing their assets, but Mississippi and federal exemption laws allow you to keep essential property, such as your home, vehicle, and personal belongings.
Are You Eligible for Chapter 7 Bankruptcy?
To qualify for Chapter 7, you must pass the "means test," which evaluates your income, expenses, and financial situation. We will assess your eligibility and guide you through the entire process, ensuring you make the best decision for your future.
At Miranda Linton Williford Attorney At Law, PLLC, we understand how overwhelming debt can be. Our firm provides compassionate, judgment-free legal support to help you regain control of your finances. Call
(662) 286-9796 today for a FREE consultation and let us help you take the first step toward financial freedom!
Ready for a Fresh Start?
Fill out the form below, and we’ll contact you to discuss your options. Your consultation is free, confidential, and judgment-free.
FAQ's
Answers to Your Most Common Questions
What is Chapter 7 bankruptcy?
Chapter 7 bankruptcy, also known as “liquidation bankruptcy,” allows individuals to eliminate most unsecured debts like credit card balances, medical bills, and personal loans. It provides a fresh financial start by wiping out qualifying debts in as little as 3-6 months.
Will I lose my home or car if I file for Chapter 7?
Many people keep their home, vehicle, and essential belongings thanks to state and federal exemptions. We’ll help you understand what property is protected based on your specific situation.
How do I qualify for Chapter 7 bankruptcy?
You must pass the means test, which compares your income to the median income in Mississippi. If your income is below the threshold, you likely qualify. If you’re above it, other factors may still allow you to file. We can assess your eligibility during a free consultation.
What debts can be discharged in Chapter 7?
Chapter 7 can eliminate most unsecured debts, including:
✔ Credit card debt
✔ Medical bills
✔ Personal loans
✔ Utility bills
✔ Certain tax debts (in specific cases)
What debts cannot be discharged?
Some debts cannot be erased, such as:
❌ Student loans (except in rare cases)
❌ Child support & alimony
❌ Most tax debts
❌ Court fines & criminal restitution
Will filing for Chapter 7 stop creditor harassment?
Yes! As soon as you file, an automatic stay goes into effect, stopping all collection efforts, including:
✔ Lawsuits
✔ Wage garnishments
✔ Harassing calls from creditors
How does filing bankruptcy affect my credit score?
Your credit score may initially drop, but many people start rebuilding credit quickly after their debts are discharged. Chapter 7 can actually improve your long-term financial health by eliminating burdensome debt.
How much does it cost to file for Chapter 7 bankruptcy?
Filing fees and legal costs vary, but we offer flexible payment plans to make bankruptcy more accessible. Contact us to discuss affordable options.
How do I get started?
It’s simple! Schedule a free consultation to discuss your financial situation and determine if Chapter 7 is right for you.