On Behalf of developers | October 16, 2024 | Bankruptcy,Blog,Chapter 13 Bankruptcy,Chapter 7 Bankruptcy
If you find yourself in the unfortunate position of filing for bankruptcy, it’s important to familiarize yourself with the ins and outs of bankruptcy in Mississippi. Knowledge is power and the entire process will be smoother for you if you understand the vital elements of filing for bankruptcy. The most important factors include the types… Continue reading Everything You Need to Know About Bankruptcy Laws in Mississippi...
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On Behalf of developers | October 8, 2024 | Bankruptcy,Chapter 13 Bankruptcy,Chapter 7 Bankruptcy
Small business ownership is tough and there’s nothing more difficult than having to consider bankruptcy. If you are a small business owner in Mississippi facing instability and trying to manage overwhelming debt, as unpleasant as it may be to consider, filing for bankruptcy may be your best option. It may enable you to walk away… Continue reading Business Bankruptcy Options in Mississippi...
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On Behalf of developers | August 6, 2024 | Bankruptcy,Blog,Chapter 13 Bankruptcy,Chapter 7 Bankruptcy
Filing for bankruptcy in Mississippi requires several steps, including filing paperwork, providing financial history, revealing assets, and attending court hearings. What many people don’t realize is that there is also a required credit counseling education course that must be completed before filing for bankruptcy as well as a financial management course to be done after… Continue reading Credit Counseling & Financial Management Classes for Bankruptcy...
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On Behalf of developers | June 2, 2024 | Bankruptcy,Blog,Chapter 13 Bankruptcy,Chapter 7 Bankruptcy,Debt Relief
At Pond Law Firm, we’ve been helping individuals and businesses with all aspects of bankruptcy for decades. Over this time, we’ve heard some common questions emerge. Many of these questions revolve around credit scores after bankruptcy, such as, “How much does your credit score drop when you file for bankruptcy?” Or, “How soon will my… Continue reading How Does Filing for Bankruptcy Impact My Credit Score in Mississippi?...
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On Behalf of developers | March 18, 2022 | Blog,Chapter 13 Bankruptcy
If you file for Chapter 13 bankruptcy in Mississippi, you will have to undergo a process of documenting your income, debts, and ability to fulfill the terms of a repayment plan. This can take time and requires significant paperwork Complete the means test To determine your qualifications for a Chapter 13 bankruptcy, you have to… Continue reading Moving forward with your Chapter 13 payment plan...
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On Behalf of developers | September 24, 2021 | Chapter 13 Bankruptcy
Chapter 13 bankruptcy is a legal action that involves submitting a plan of repayment with the assistance of a lawyer. If the plan receives court approval and regular payments are made throughout the three to five years, any debts that are leftover are often discharged. When bankruptcy is used properly, it can be a highly… Continue reading How to prepare a Chapter 13 payment plan...
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On Behalf of developers | June 7, 2021 | Bankruptcy,Chapter 13 Bankruptcy,Chapter 7 Bankruptcy
When Mississippi residents file Chapter 7 or Chapter 13 bankruptcy petitions, the judge assigned to the case issues a Notice of Filing. This causes an injunction known as an automatic stay to go into effect, which prevents creditors from attempting to collect unpaid debts for the duration of the bankruptcy proceedings. It also puts a… Continue reading The automatic stay in personal bankruptcy cases...
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On Behalf of developers | April 29, 2021 | Blog,Chapter 13 Bankruptcy
Many adults throughout the nation struggle to keep up with their debts. If you’re living with debt in Mississippi, you can utilize several strategies to resolve this problem. One of the most common ways to become debt-free is by declaring bankruptcy. With that in mind, here’s more information about Chapter 13 bankruptcy and what happens… Continue reading Am I allowed to leave chapter 13 bankruptcy protection?...
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On Behalf of developers | December 15, 2020 | Chapter 13 Bankruptcy
If you’re struggling with debt in the state of Mississippi, you might have thought about filing for bankruptcy. Filing for Chapter 13 bankruptcy can help you pay off your debts and get your finances under control. However, Chapter 13 is only available for people who meet certain financial qualifications. Here’s what you need to know… Continue reading How much income do you need to file for bankruptcy?...
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On Behalf of developers | November 11, 2020 | Chapter 13 Bankruptcy
Debtors in Mississippi may consider bankruptcy when they can no longer handle their debts. Debtors commonly file Chapter 7, a type of bankruptcy that liquidates assets to pay creditors. Certain debts get discharged, and the individuals start fresh. Not all debtors qualify for Chapter 7, so Chapter 13 bankruptcy gives them another option. Basics of… Continue reading How Chapter 13 bankruptcy works...
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