Fava Firm

Fava Firm Bankruptcy Attorney Serving Memphis and North MS. We can provide you bankruptcy assistance and legal guidance under the Federal Bankruptcy Code.

05/24/2022

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Rebuilding credit
04/05/2022

Rebuilding credit

Anyone can experience a financial calamity. You know this if you have been thrust into circumstances triggering personal bankruptcy. Once filing for Chapter 7 or 13 is complete, it is still possible to get back to a place of economic stability. Making the right decisions will rebuild your financial....

What should you know about a secured credit card?
04/03/2022

What should you know about a secured credit card?

When recovering from bankruptcy, you might think that you should stay away from credit cards. This is especially true if credit card spending helped get you into debt in the first place. But you can

Re-establishing credit may be a process
03/18/2022

Re-establishing credit may be a process

When you file for bankruptcy, one of your primary concerns may be your access to credit. While bankruptcy can affect credit, there are steps you can take to re-establish your financial trustworthiness

Rising costs can take a major toll a person's budget— especially if they're already in debt.
03/14/2022

Rising costs can take a major toll a person's budget— especially if they're already in debt.

Debt-relief options can help.

How does rising inflation affect your personal finances?
02/19/2022

How does rising inflation affect your personal finances?

If your monthly expenses have increased recently, inflation is probably at least partly to blame. After all, between October 2020 and October 2021, the cost of consumer goods increased by more than 6%

How do Chapter 7 and Chapter 13 bankruptcies differ?
02/17/2022

How do Chapter 7 and Chapter 13 bankruptcies differ?

When your finances start to spiral beyond your control in Mississippi due to medical debt, credit card debt or other factors, you may start looking for ways to get your head back above water. You may

How to manage medical debt
02/11/2022

How to manage medical debt

According to CNBC, medical debt is a factor in two-thirds of all bankruptcy filings. The prospect of damage to your credit score and personal finances because of medical debt can be almost as scary as

Getting a mortgage after a personal bankruptcy
01/23/2022

Getting a mortgage after a personal bankruptcy

Many in Mississippi may find that personal bankruptcy is their best option for overcoming their struggles with debt. Yet others should not prompt others to believe that this decision is an easy one.

Knowing your rights during a foreclosure
01/13/2022

Knowing your rights during a foreclosure

When you receive a foreclosure notice for your Mississippi property, you may feel hopeless. Just remember, you have rights. Unlike what the notice may imply, you have the right to explore other

The first meeting after filing for bankruptcy helps people organize their debt, meet their trustee, and draft a plan for...
01/10/2022

The first meeting after filing for bankruptcy helps people organize their debt, meet their trustee, and draft a plan for recovery.

We help families find a way forward.

Breaking down the Chapter 7 Means Test
01/04/2022

Breaking down the Chapter 7 Means Test

For those in Mississippi seeking personal bankruptcy protection, filing under Chapter 7 remains an attractive option. This particular form of bankruptcy allows for the discharge of certain types of

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155 Stateline Road East
Southaven, MS
38671

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