Start My Answer

How to Get Debt Relief in Mississippi

Dena Standley | July 21, 2022

When you find the debt relief you were searching for ^^

Summary: If you're struggling with debt in Mississippi, SoloSuit can help you find the relief you need.

Having some debt is healthy. You earn lenders' trust when you pay it back on time, and it can help you get competitive interest rates in the future. However, when unsecured and other debts pile up, they become a problem. Instead of an excellent credit score, you get bad credit as creditors threaten to sue.

Too much debt can make paying for ongoing expenses a challenge, even with minimum monthly payments. It helps to know that you are not alone and can get debt relief. Mississippians can utilize state and federally-approved debt relief programs while working on better financial management. In this article, we'll discuss several debt relief options:

  • Utilize Mississippi debt relief programs
  • Get rid of your credit cards
  • Negotiate with creditors
  • Consolidate debts
  • File for bankruptcy

Let's dive right in.

Utilize Mississippi debt relief programs

If you are a Mississippi resident struggling to make ends meet because of debt, you may be eligible for financial assistance. Check out these Mississippi debt relief programs to see if you qualify:

  • Mississippi Temporary Assistance for Needy Families (TANF): Provides benefits for families with needy children under age 18. The TANF program is designed to help needy families achieve self-sufficiency through employment and training activities provided by the TANF Work Program (TWP). TANF supportive services such as assistance with child care and transportation expenses are available to help the adults in the family prepare for employment and to promote self-sufficiency.
  • State Health Insurance Assistance Program (SHIP): A counseling program designed to answer questions about health insurance.
  • Mississippi Lifeline: Offer $10-$20 per month to help low-income families pay for local phone service.
  • County-specific low-income programs: Mississippi has several financial assistance programs that are specific to certain counties only.

Get rid of your credit cards

Not using credit cards can be a serious change of pace for you, but cut up those cards if you honestly can't use credit responsibly. While taking this route doesn't instantly relieve debt, you protect yourself from raking in more debt.

As mentioned earlier, forgoing the use of credit cards may stagnate or lower your credit score. But the urgent issue here is getting out of debt. You can build your credit later.

Remember that refraining from using your credit card won't take away the debt. The next step would be to work out a repayment plan. Choose between the snowball or the avalanche method.

Use the snowball method

With this method, you start by paying off your smallest debt, interest rates notwithstanding. The first step is listing your debts, starting from the least to the largest. The goal is to pay off one debt at a time and move up the ladder until you are debt-free.

Here's an example. You have seven unsecured debt accounts. The balances are $500, $750, $800, $1,000, $1,125, $1,600, $2,000. Your main focus should be on the first account ($500). In the meantime, keep making minimum repayments on the remaining accounts to avoid late fees or delinquency.

You won't save on interest. However, as you watch the debts disappear one after the other, you will feel encouraged to keep up with the remaining accounts. You will sometimes feel like giving up, especially when you start tackling the larger debts, but if you do, you only fall back to where you were. Resilience is of the essence.

Consider the avalanche method

The goal of the avalanche method is to save on interest. So, you take on the account with the highest interest rate first.

Using the preceding example, suppose the interest rate for the $1,000 is higher than that on the other accounts, at 20% APR. That is the account you should pay first. After that is cleared, you move on to the account with the next highest interest rate until you pay off all your debts.

Negotiate with creditors

You can negotiate a settlement, a different payment plan, or ask for debt forgiveness if you are experiencing hardship. You can represent yourself when contacting credit providers if you are willing to try. Or you can enlist the help of a debt relief company or a debt counselor.

Negotiating on your behalf is the cheapest option. You don't pay for enrollment, and no one takes a portion of the forgiven money. Creditors are always willing to negotiate, especially if there's the risk that you may never pay at all. So, call to book an appointment or walk into your creditors' office and request an audience.

It is important to note that you should never say too much to your creditors. Anything you reveal can be turned around and used against you. Watch the video below to learn more about what you should and should not say:

Actions your creditors may take in negotiations:

  • Adjust the monthly repayments to suit your needs
  • Agree to settle for less than the total amount
  • Waive late fees
  • Review interest rates

Nonprofit organizations can also help negotiate with your creditors. Credit counselors work with you to help you stay on top of your finances. A workable budget, a revised payment plan, or late fee waivers are just some relief options you can get by requesting debt counseling. Remember that you will need to make monthly payments to the agency. They will then distribute the money among the creditors. Also, you may be required to avoid using credit until your outstanding balances are paid.

If you decide to use for-profit debt relief providers, you need to pay for their services. Some of these companies require a minimum amount of unsecured debt to work for you. Some may only partner with you if you have thousands of dollars in debt.

Debt relief companies can help you:

  • Consolidate debts into one low-interest account
  • Negotiate a settlement with creditors

When you settle a debt for a percentage, the creditor reports it to the IRS, which may require that you pay tax on the forgiven money. The settled account is also reported to the major credit reporting bureaus and will impact your credit score.

Filing for bankruptcy in Mississippi

In Mississippi, filing for bankruptcy wipes out bills like credit card balances, personal loans, overdue utility payments, medical bills, etc. Other loans, such as student loans and mortgages, may take more than bankruptcy to fall off.

The process falls under federal law. So it is largely similar to that in other states. However, the state laws determine the filing information and "exempt" property.

It's best to decide ahead which bankruptcy chapter fits your needs. The type you choose affects if and which property you can keep. Before filing, determine if you:

  • Qualify
  • Need to hire a bankruptcy attorney
  • Need to register for credit counseling
  • Have qualifying debts you can stop paying
  • Will erase the debt you are trying to clear

Filing for bankruptcy is neither easy nor pleasant, but you can do it. And it can provide the reprieve you need now.

The key to debt relief is staying in control of your spending. Because even if you pay all your debts but are not disciplined, you will soon find yourself under a mountain of debt again. SoloSuit helps consumers get out of debt by providing useful resources and helping them win in court.

What is SoloSuit?

SoloSuit makes it easy to respond to a debt collection lawsuit.

How it works: SoloSuit is a step-by-step web-app that asks you all the necessary questions to complete your answer. Upon completion, you can either print the completed forms and mail in the hard copies to the courts or you can pay SoloSuit to file it for you and to have an attorney review the document.

Respond with SoloSuit

"First time getting sued by a debt collector and I was searching all over YouTube and ran across SoloSuit, so I decided to buy their services with their attorney reviewed documentation which cost extra but it was well worth it! SoloSuit sent the documentation to the parties and to the court which saved me time from having to go to court and in a few weeks the case got dismissed!" – James


Get Started


We have answers.
Join our community of over 40,000 people.

You can ask your questions on the SoloSuit forum and the community will help you out. Whether you need help now or are just looking for support, we're here for you.


Ask a Question


>>Read the FastCompany article: Debt Lawsuits Are Complicated: This Website Makes Them Simpler To Navigate

How to answer a summons for debt collection in your state

Here's a list of guides for other states.

All 50 states.



Guides on how to beat every debt collector

Being sued by a different debt collector? Were making guides on how to beat each one.


Win against credit card companies

Is your credit card company suing you? Learn how you can beat each one.

Going to Court for Credit Card Debt — Key Tips

How to Negotiate Credit Card Debts

How to Settle a Credit Card Debt Lawsuit — Ultimate Guide

Get answers to these FAQs

Need more info on statutes of limitations? Read our 50-state guide.

Why do debt collectors block their phone numbers?

How long do debt collectors take to respond to debt validation letters?

What are the biggest debt collector companies in the US?

Is Zombie Debt Still a Problem in 2019?

SoloSuit FAQ

If a car is repossessed, do I still owe the debt?

Is Portfolio Recovery Associates Legit?

Is There a Judgment Against Me Without my Knowledge?

Should I File Bankruptcy Before or After a Judgment?

What is a default judgment?— What do I do?

Summoned to Court for Medical Bills — What Do I Do?

What Happens If Someone Sues You and You Have No Money?

What Happens If You Never Answer Debt Collectors?

What Happens When a Debt Is Sold to a Collection Agency

What is a Stipulated Judgment?

What is the Deadline for a Defendants Answer to Avoid a Default Judgment?

Can a Judgement Creditor Take my Car?

Can I Settle a Debt After Being Served?

Can I Stop Wage Garnishment?

Can You Appeal a Default Judgement?

Do I Need a Debt Collection Defense Attorney?

Do I Need a Payday Loans Lawyer?

Do student loans go away after 7 years? — Student Loan Debt Guide

Am I Responsible for My Spouses Medical Debt?

Should I Marry Someone With Debt?

Can a Debt Collector Leave a Voicemail?

How Does Debt Assignment Work?

What Happens If a Defendant Does Not Pay a Judgment?

How Does Debt Assignment Work?

Can You Serve Someone with a Collections Lawsuit at Their Work?

What Is a Warrant in Debt?

How Many Times Can a Judgment be Renewed in Oklahoma?

Can an Eviction Be Reversed?

Does Debt Consolidation Have Risks?

What Happens If You Avoid Getting Served Court Papers?

Does Student Debt Die With You?

Can Debt Collectors Call You at Work in Texas?

How Much Do You Have to Be in Debt to File for Chapter 7?

What Is the Statute of Limitations on Debt in Washington?

How Long Does a Judgment Last?

Can Private Disability Payments Be Garnished?

Can Debt Collectors Call From Local Numbers?

Does the Fair Credit Reporting Act Work in Florida?

The Truth: Should You Never Pay a Debt Collection Agency?

Should You Communicate with a Debt Collector in Writing or by Telephone?

Do I Need a Debt Negotiator?

What Happens After a Motion for Default Is Filed?

Can a Process Server Leave a Summons Taped to My Door?

Learn More With These Additional Resources:

Need help managing your finances? Check out these resources.

How to Make a Debt Validation Letter - The Ultimate Guide

How to Make a Motion to Compel Arbitration Without an Attorney

How to Stop Wage Garnishment — Everything You Need to Know

How to File an FDCPA Complaint Against Your Debt Collector (Ultimate Guide)

Defending Yourself in Court Against a Debt Collector

Tips on you can to file an FDCPA lawsuit against a debt collection agency

Advice on how to answer a summons for debt collection.

Effective strategies for how to get back on track after a debt lawsuit

New Hampshire Statute of Limitations on Debt

Sample Cease and Desist Letter Against Debt Collectors

The Ultimate Guide to Responding to a Debt Collection Lawsuit in Utah

West Virginia Statute of Limitations on Debt

What debt collectors cannot do — FDCPA explained

Defending Yourself in Court Against Debt Collector

How to Liquidate Debt

Arkansas Statute of Limitations on Debt

Youre Drowning in Debt — Heres How to Swim

Help! Im Being Sued by My Debt Collector

How to Make a Motion to Vacate Judgment

How to Answer Summons for Debt Collection in Vermont

North Dakota Statute of Limitations on Debt

ClearPoint Debt Management Review

Indiana Statute of Limitations on Debt

Oregon Eviction Laws - What They Say

CuraDebt Debt Settlement Review

How to Write a Re-Aging Debt Letter

How to Appear in Court by Phone

How to Use the Doctrine of Unclean Hands

Debt Consolidation in Eugene, Oregon

Summoned to Court for Medical Bills? What to Do Next

How to Make a Debt Settlement Agreement

Received a 3-Day Eviction Notice? Heres What to Do

How to Answer a Lawsuit for Debt Collection

Tips for Leaving the Country With Unpaid Credit Card Debt

Kansas Statute of Limitations on Debt Collection

How to File in Small Claims Court in Iowa

How to File a Civil Answer in Kings County Supreme Court

Roseland Associates Debt Consolidation Review

How to Stop a Garnishment

Debt Eraser Review

Do Debt Collectors Ever Give Up?

Can They Garnish Your Wages for Credit Card Debt?

How Often Do Credit Card Companies Sue for Non-Payment?

How Long Does a Judgement Last?

​​How Long Before a Creditor Can Garnish Wages?

How to Beat a Bill Collector in Court