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Mississippi Foreclosure Questions & Answers
2 Answers | Asked in Bankruptcy, Foreclosure and Banking for Mississippi on
Q: If a car is returned to the bank, can they take social security money in a checking account?

The vehicle has more owed than value, the bank account only receives money from social security which is only source of income.

W. J. Winterstein Jr.
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W. J. Winterstein Jr.
answered on Jan 3, 2024

Social security benefits are generally exempt under most if not all state laws, so general creditors cannot use the court systems to capture your benefits.

Most banks are federally chartered, or are insured by the FDIC, and because of that, tend to comply with federal law and requirements....
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2 Answers | Asked in Bankruptcy, Foreclosure and Banking for Mississippi on
Q: If a car is returned to the bank, can they take social security money in a checking account?

The vehicle has more owed than value, the bank account only receives money from social security which is only source of income.

James L. Arrasmith
PREMIUM
James L. Arrasmith pro label Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on Jan 3, 2024

If you return a car to the bank and still owe money on it, the bank may try to recover the remaining debt. However, Social Security funds generally have protections against most types of garnishment.

Under federal law, Social Security benefits are protected from garnishment for most debts....
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1 Answer | Asked in Consumer Law, Foreclosure, Land Use & Zoning and Real Estate Law for Mississippi on
Q: if we are paying a mortgage are we suppose to be listed in public records as the owner?

i was looking at my appraisal documents and it has some other people as owners in public record.

Anthony M. Avery
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answered on Nov 16, 2022

Just because you are paying the Note does not make you a titled owner of land. Hire an attorney to search the Title and determine ownership.

1 Answer | Asked in Land Use & Zoning, Real Estate Law, Tax Law and Foreclosure for Mississippi on
Q: I have a tax lien on several properties in Mississippi that i purchased from an auction; how can i own these parcels?

A couple of the properties are 3 years behind on taxes. What steps can I take to own them? If one of the houses are abandoned, can I file some paperwork and do some work to become the owner? I am the only lien holder on a couple and there's a couple lien holders on the others.

Baskin Lowber Jones
Baskin Lowber Jones
answered on Dec 21, 2017

Alcorn county has put up valuable information on Tax Sales and redemption of property in Mississippi.

http://www.alcorncounty.org/taxsale.aspx

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