Mississippi Bankruptcy Law

Considering filing bankruptcy in Mississippi? You need to understand Mississippi bankruptcy law and exemptions.

As on overview we have listed some of the main exemptions, links to the federal courts serving Mississippi, and some filing statistics for Mississippi.

Mississippi Exemptions

Homestead:
$75,000 (cannot exceed 160 acres)
Details:
Homestead of householder (debtor must reside in homestead unless he is over 60 and previously qualified for exemption)


This is just and overview and there is a detailed list of the Mississippi Bankruptcy Exemptions.

Mississippi Bankruptcy Courts

If you need more information about the Mississippi Federal Bankruptcy Courts you can click on the link for your district.

  • Mississippi Northern District
  • Mississippi Southern District

    • Mississippi Filing Statistics

    Here are the counties in Mississippi with the highest amount of bankruptcy filings.

    Year - County
    Total
    Ch7
    Ch13
    2012 HINDS
    1472
    694
    778
    2012 DESOTO
    1186
    592
    594
    2012 RANKIN
    759
    448
    311
    2012 HARRISON
    594
    464
    130

    You can see the information for all counties by visiting the Mississippi Chapter 7 and Chapter 13 bankruptcy filings by county page.

    Here are the most recently available statistics for monthly bankruptcy filings in Mississippi.

    Year - Month
    Total
    Ch7
    Ch13
    2013 6
    985
    514
    471
    2013 5
    965
    473
    492
    2013 4
    1072
    597
    474
    2013 3
    1182
    697
    484
    2013 2
    1026
    551
    475
    2013 1
    852
    414
    438


    You can see more data by visiting the Mississippi Personal Bankruptcy Filing Statistics page.

    If you have question about filing bankruptcy please visit our Frequently Asked Questions Page or schedule a free consultation with a local attorney.