On Behalf of developers | February 14, 2018 | Bankruptcy,Medical Debt
Whether insured or uninsured, it is not uncommon for people in Mississippi to struggle to pay costs associated with health care. In fact, the Kaiser Family Foundation indicated that medical debt is the single biggest reason that consumers in the United States seek debt relief from bankruptcy. It is estimated that more than one in four… Continue reading Health care costs a major factor in bankruptcies...
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On Behalf of developers | February 10, 2018 | Chapter 13 Bankruptcy
Even though the great recession was several years ago now, many people in Mississippi continue to face the consequences of the financial problems they experienced during that event. Part of this is because the after-effects lasted for a while. A lot of consumers tried to make things work during the hardest part of the recession… Continue reading Buying a home after a bankruptcy...
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On Behalf of developers | February 5, 2018 | Chapter 13 Bankruptcy,Chapter 7 Bankruptcy
You’re trying to decide between Chapter 7 bankruptcy and Chapter 13. What are the differences and how do they impact your debts? The first thing you should know is that you may not be eligible for both. For instance, you can earn too much to qualify for Chapter 7. Assuming you do have a choice,… Continue reading How do Chapter 7 and Chapter 13 impact various debts?...
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On Behalf of developers | February 1, 2018 | Bankruptcy
Choosing to file for bankruptcy in Mississippi is a big decision. Once you have made this choice and decided to file for Chapter 7, you may think there is little else you need to do. However, there is much more to this process and it is important for you to understand the fine details. Once… Continue reading What should you know about Chapter 7 Bankruptcy?...
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On Behalf of developers | January 26, 2018 | Medical Debt
Unfortunately for many residents in Mississippi, one medical emergency could easily send you spiraling into debt. While it might seem like an impossible pit to climb out of at first, there are actually several ways that you can start tackling your debt today. AOL offers four potential ways to handle medical debt, each serving a different possible… Continue reading How can you dig yourself out of medical debt?...
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On Behalf of developers | January 19, 2018 | Medical Debt
Mississippi residents like you only need to suffer from one medical emergency to potentially find yourself in medical debt. Once you’re in that situation, getting out of it again can be tough, but it’s still possible. Credit Karma showcases a few of the many different ways to handle medical debt, citing some benefits and drawbacks for… Continue reading How can you pay off medical debt?...
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On Behalf of developers | January 18, 2018 | Foreclosure
The recession is behind us, and so, it would seem, is the worst of the housing market fall. However, you and many other Mississippi residents may continue to feel the bite of unresolved financial issues, especially if you are facing a foreclosure or have walked away from your mortgage. Foreclosed homes that are owned by… Continue reading Is a zombie threatening your credit score?...
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On Behalf of developers | January 9, 2018 | Foreclosure
Among the many concerns spouses in Mississippi may have when getting divorced is how to best handle a home they own together. Perhaps one of the most common things to do in this situation is to sell the house during the divorce. However, not everyone wants to do this and therefore it is important to… Continue reading Bankruptcy, mortgages and foreclosures in a divorce...
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On Behalf of developers | January 3, 2018 | Bankruptcy
You never thought you’d go bankrupt. You always tried to be smart with money. You tried to avoid common pitfalls. You scoffed at people who made obvious mistakes. That’s why it feels so strange to find yourself sitting in your car in the driveway, thinking about whether or not you need to find out more… Continue reading 5 top reasons bankruptcy strikes...
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On Behalf of developers | December 23, 2017 | Chapter 7 Bankruptcy
It is easy to think that you are unique in your struggles with debt. This may prompt you to shy away from seeking advice and assistance from others in Jackson due to the perceived stigma associated with financial troubles. Many clients have come to us here at the Pond Law Firm with the same assumption only to… Continue reading Understanding the Chapter 7 means test...
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