McRaney Sanford Killebrew (MSK) Services

We focus on two essential services designed to provide financial relief and guidance to individuals and families

Bankruptcy Services

A Fresh Start for a Stable Future

If you’re facing overwhelming financial challenges, bankruptcy can provide the relief you need. At MSK, we specialize in helping clients navigate this complex process with clarity and compassion.

a man shaking hands with a woman

Chapter 7 Bankruptcy

Chapter 7 bankruptcy gives you a fresh start by erasing most debts, like credit cards and medical bills, so you can move forward without financial stress. As soon as you file, creditors are legally required to stop all collection efforts, including calls, lawsuits, and wage garnishments, providing you with instant peace of mind.

Chapter 7 is quick—usually done in about four to six months. Chapter 7 allows you to keep important assets like your home, car, and personal belongings, so bankruptcy doesn’t mean that you lose everything. Many people see their credit improve sooner than expected, making it easier to qualify for new credit and start fresh with better financial habits.

Key Considerations:

  • Income thresholds determine eligibility.
  • Protecting your property and possessions is a priority.
  • If a Chapter 7 isn’t an option due to income or equity levels, we’ll explore Chapter 13 bankruptcy alternatives.

Chapter 13 Bankruptcy

Chapter 13 bankruptcy offers a structured path to financial recovery by allowing you to reorganize your debts into a manageable repayment plan. As soon as you file, creditors must stop collection efforts, including foreclosures, repossession, calls, lawsuits, and wage garnishments, giving you immediate relief.

Unlike Chapter 7, Chapter 13 lets you catch up on missed mortgage or car payments while keeping your assets, making it a great option for those who want to protect their home from foreclosure or vehicle from repossession. If you earn too much to qualify for Chapter 7 or have assets that cannot be protected under Chapter 7, Chapter 13 may be the best solution. The repayment plan lasts three to five years, helping you gradually reduce debt without the pressure of lump-sum payments.

Best Suited For:

  • Clients behind on mortgage payments or vehicle loans.
  • Individuals with too much equity in property or personal assets to qualify for Chapter 7.
  • Those seeking to prevent foreclosure or repossession.
  • Clients who have completed a Chapter 7 within the last 8 years.
a group of people looking at a piece of paper

Loan Closings with Sanford Title

At MSK, we make real estate loan closings smooth, secure, and efficient, ensuring every detail is handled with precision. Our team understands the complexities of property transactions and works diligently to protect your interests while keeping the process hassle-free.

Through our affiliated company, Sanford Title, we provide dedicated closing services with the same professionalism and expertise MSK is known for. We coordinate seamlessly with realtors, lenders, buyers, and sellers to ensure all documents are properly executed and transactions go through without unnecessary delays.

Whether you’re purchasing, refinancing, or securing commercial property, MSK and Sanford Title are committed to delivering a seamless closing experience with trusted legal support.

Frequently Asked Questions

Clinton or Brandon Office: 

  1. Call 601-924-5961 Option 1 
  2. Complete the online intake form we will email to you (paper forms are available for you to pick up from either the Clinton or Brandon office or can be mailed to you)
  3. Once we receive the completed intake form we will call you to schedule your initial consultation.

Greenville Office: 

  1. Call 662-332-0202

While nothing is required to be provided at your initial consultation the following steps are required before MSK can begin to prepare your bankruptcy paperwork:

  1. Financial Documents:
    • The last two tax returns you filed in the last four years (if you were required to file taxes).
    • The last three months of bank statements for any account in your name.
    • The last six months of pay stubs or income information (You must include your spouse’s paystubs if married and living together. This is required even if your spouse is not filing bankruptcy).
  2. Credit Counseling Course: Instructions will be provided during the consultation.
  3. Upfront fee to prepare bankruptcy paperwork: Your upfront and total fee will be provided to you at the initial consultation. These fees are based on your specific financial situation and the complexity of your bankruptcy case.

Once we have all of the above, MSK will begin preparing your case. You will be able to review and sign your bankruptcy in the office or via email. After you have approved and signed the required paperwork, your case will be filed.

Yes.

Secured debt such as your home or vehicle can be kept after a bankruptcy is filed. This does require you to make payments either directly to the creditor or through the bankruptcy. At your initial consultation we will discuss your best options for success in bankruptcy. You can also keep your home or vehicle if you own them and file bankruptcy. At your initial consultation we will discuss the equity you have in any assets you own and advise you of the right type of bankruptcy to protect your property.

Take the First Step

Ready to regain control of your finances? Call us to schedule a consultation:

Jackson Area: (601) 924-5961

Delta Area: (662) 332-0202

We’re here to guide you every step of the way.

Call Today