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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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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On Behalf of developers | April 15, 2018 | Medical Debt
Regardless of whether or not a person in Mississippi has health insurance, there is almost always the likelihood that they will be left with out-of-pocket costs. Sometimes those costs may be relatively minor such as a co-pay for a standard office visit. However, these expenses not covered by insurance can add up quickly when an… Continue reading Medical debt and credit reports...
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On Behalf of developers | April 5, 2018 | Bankruptcy
As debt mounts, you know there is no way you are going to pay it all off on your own. It’s just too much. You do have a job, and you are thankful for that, but it is not as if you’re making $100,000 per year. You and your family are living paycheck to paycheck.… Continue reading Why bankruptcy can be better than ongoing garnishments...
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On Behalf of developers | April 3, 2018 | Medical Debt
One of today’s biggest issues revolves around Americans and crippling amounts of medical debt. Not just a problem for a small percentage of the population, medical debt now affects millions. Mississippi is no exception to this struggle, as the state has become home to the highest medical debt in the country. Will this unsettling statistic change… Continue reading Medical debt in Mississippi...
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On Behalf of developers | April 1, 2018 | Foreclosure
When buying a home in Mississippi, the thought of losing it to financial hardship is likely the furthest thing from one’s mind. However, life can throw curve balls to people that they would never have been able to see coming and these things may well put homeowners in the position of being vulnerable to foreclosure.… Continue reading The stages of foreclosure and borrower’s options...
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On Behalf of developers | March 21, 2018 | Chapter 13 Bankruptcy,Chapter 7 Bankruptcy
Finding that one’s financial outlook is in a state of limbo can open the door to a world of stress. Mississippi residents already facing this daunting obstacle understand the severity of an economic crisis. While the right solution can depend entirely on one’s financial goals and situation, oftentimes bankruptcy can come to the rescue. Many… Continue reading Chapter 7 vs 13 bankruptcies...
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On Behalf of developers | March 16, 2018 | Foreclosure
You are either facing a foreclosure or getting ready to sell your house, and you get a notice that you have a lien against your property. Understandably, this may cause you some concern. What exactly is a lien, and how can it affect you? It may help you and other Mississippi homeowners to know how… Continue reading What does it mean to have a lien against my home?...
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On Behalf of developers | March 8, 2018 | Chapter 13 Bankruptcy
There are many challenging aspects to personal financial management, but bankruptcy can be among the most overwhelming. Mississippi residents currently facing this obstacle may be wondering what might happen to their properties, their vehicles and their futures. Filing for bankruptcy can be a frightening time, but there are basics to be aware of when beginning… Continue reading Getting through a chapter 13 bankruptcy...
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On Behalf of developers | March 2, 2018 | Bankruptcy
If you are like most people, you probably think that bankruptcy is something that should be avoided at all costs. But, if you have recently found yourself behind on car payments or maybe the mortgage on your home in Jackson, and you are running out of options to get your debt under control, bankruptcy could… Continue reading 4 benefits of bankruptcy...
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