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Jackson Mississippi Bankruptcy Law Blog

Rapper asks permission to convert Chapter 13 to Chapter 11

On Behalf of developers | June 13, 2018 | Chapter 13 Bankruptcy

People in Jackson likely are willing to do all that they can in order to avoid financial struggles. Yet no one may be immune from having issues with debt. Oftentimes, those issues can become so overwhelming that bankruptcy protection is the only viable path for one to be able to reasonably return to enjoying a… Continue reading Rapper asks permission to convert Chapter 13 to Chapter 11...
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Can you lose a professional license after filing for bankruptcy?

On Behalf of developers | June 4, 2018 | Bankruptcy

You went to medical school, at an incredible personal cost. Tuition just kept climbing, but this was your dream. You fought for it. Plus, once you started, dropping out due to the high cost would leave you with nothing. You took on more and more loans. In addition, you could not work and go to… Continue reading Can you lose a professional license after filing for bankruptcy?...
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Bankruptcy trends in the U.S. and Mississippi

On Behalf of developers | June 3, 2018 | Chapter 13 Bankruptcy

It has been roughly a whole decade now since the Great Recession hit the United States. While many people in Mississippi have been enjoying the results of a healthier economy there continue to be many who struggle to make ends meet. Despite news reports these people are far from alone and in fact may represent… Continue reading Bankruptcy trends in the U.S. and Mississippi...
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Understanding Chapter 13 bankruptcy qualifications

On Behalf of developers | June 1, 2018 | Chapter 13 Bankruptcy

When you are neck deep in debt, it is easy to look around and feel as though you are the only one in Jackson struggling with such a problem. Trust us here at the Pond Law Firm when we tell you that you are certainly not alone. Debt can easily overwhelm anyone’s financial lives, leaving them (like… Continue reading Understanding Chapter 13 bankruptcy qualifications...
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When medical debt leads to creditor harassment

On Behalf of developers | May 21, 2018 | Medical Debt

Many Mississippi residents cringe at the thought of overdue medical bills. After all, along with student loan debt, it is the leading cause of debt in the country. As the struggle to pay medical bills lingers on, many have turned to a variety of solutions. Some Americans, however, discover that they did not owe medical… Continue reading When medical debt leads to creditor harassment...
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Handling the foreclosure process

On Behalf of developers | May 15, 2018 | Foreclosure

No matter how one looks at it, foreclosure can be one of the most frightening experiences a Mississippi resident can face. Home is a place of security, not uncertainty. It is for this reason that many homeowners attempt to avoid the process altogether. While this is not always possible, there are a number of strategies… Continue reading Handling the foreclosure process...
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Similarity in current debt trends to a decade ago

On Behalf of developers | May 12, 2018 | Chapter 7 Bankruptcy

Mississippi residents who might be finding it hard to make ends meet financially every month can sometimes feel very alone, especially when so many reports are heard or read about how strong the economy is in the United States these days. It is important for people first to focus on their own situations, not those… Continue reading Similarity in current debt trends to a decade ago...
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The outlook on medical debt in America

On Behalf of developers | May 1, 2018 | Medical Debt

America is no stranger to medical debt. This fact has become all the more apparent as countless citizen across the nation continue to grapple with surmounting bills they cannot pay. Mississippi remains one of the states that has struggled with medical debt the most. What can residents learn about current policies, and how might Americans… Continue reading The outlook on medical debt in America...
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Millennials, money and bankruptcy

On Behalf of developers | April 28, 2018 | Bankruptcy

According to data from Yellowbrick reported by CheatSheet, more than one-third of people under the age of 40 find themselves saddled with an average of $40,000 worth of debt in the form of student loans. Knowing that this age group also has an average salary of less than $35,000 per year, one must wonder how they… Continue reading Millennials, money and bankruptcy...
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Dispelling the top 5 bankruptcy myths

On Behalf of developers | April 20, 2018 | Bankruptcy

At the Pond Law Firm in Mississippi, we understand the difficulties you face when your earnings are insufficient to cover your bills. We also understand that you nevertheless hesitate to file bankruptcy for a variety of reasons that may or may not be valid. As reported by Time, bankruptcy myths abound. Here are the top five. Myth 1:… Continue reading Dispelling the top 5 bankruptcy myths...
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