On Behalf of developers | July 26, 2018 | Chapter 7 Bankruptcy
Many people in Mississippi who struggle with high levels of debt might have thought about filing for bankruptcy but then not done anything about it because of fears that it might ruin them financially forever. This is far from the truth. In reality, bankruptcy is designed to not only help consumers get our from under… Continue reading How to rebound financially after a bankruptcy...
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On Behalf of developers | June 29, 2018 | Chapter 7 Bankruptcy
The high and continually rising cost of higher education seems to all but force many people in Mississippi to take out student loans in order to fund their college degrees. In theory, these loans can be very valuable and if a person is able to get a job that pays enough after college, they may… Continue reading Some hope for consumers with student loan debt...
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On Behalf of developers | June 21, 2018 | Chapter 7 Bankruptcy
No matter where you live, federal courts oversee all bankruptcy cases according to rules established in the U.S. Bankruptcy Code. When you file a petition for chapter 7 bankruptcy in Mississippi, the federal trustee names another trustee to oversee the case and sell any nonexempt assets that you may have, according to U.S. courts procedures. The sale… Continue reading What does a trustee do in a chapter 7 case?...
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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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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 | 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 | 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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On Behalf of developers | December 21, 2017 | Chapter 7 Bankruptcy,Foreclosure
For many individuals who consider filing bankruptcy, there is a concern that they will lose their property – particularly their home. While other assets can be replenished over time, a house typically comes with emotional attachments that are irreplaceable and difficult to lose. While Chapter 13 bankruptcy can be a helpful option for individuals seeking to… Continue reading Will I lose my home if I file Chapter 7 bankruptcy?...
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On Behalf of developers | December 15, 2017 | Chapter 7 Bankruptcy
When Mississippi residents like you are struggling with debt, you may be tempted to take any road you can to dig yourself out of it. Fortunately, the Pond Law Firm is here to offer a helping hand. For example, if you’re looking into Chapter 7 bankruptcy, we provide you with what you need to know to decide… Continue reading What are the basics of Chapter 7 bankruptcy?...
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On Behalf of developers | September 10, 2017 | Bankruptcy,Chapter 13 Bankruptcy,Chapter 7 Bankruptcy
Are you one of the many residents in Mississippi who are facing serious levels of debt that you can no longer effectively manage on your own? If so, you may have given thought to filing for bankruptcy. While certainly a personal bankruptcy may offer you the chance to get back on your financial feet, it… Continue reading Choosing the right type of bankruptcy...
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