Well, bumping this thread just as an update.
Thanks all in part to ShoothimNow (can't stress how thankful I am to him), I got the game resurfaced along with a few others. Got them all back earlier today and I gotta say that the discs all looked brand new!
Unfortunately though, the disc I was having problems with is still giving me problems. The intro movie still hangs a bit but nothing like how it hung and struggled to play. The point where the game just simply freezes is still there

So right now the only options I have are
1. buy another copy of the game (disc only) and test my luck
2. buy the game off of the psn store
3. or simply play it with an emu and iso
The whole purpose of me even getting the game was to play it on the ps3 so really options 1 and 2 are the only way to go.
Maybe option 2 since the game is only 6 bucks off the psn store and I can just shelve the original copy and pretend that it still works perfectly lol but if anyone knows where I can get Breath of Fire IV for ps1 for super cheap let me know
