On behalf of Pond Law Firm | Jul 23, 2020 | Bankruptcy
Medical debt plagues many Jackson, Mississippi, residents just like you. It is overwhelming to face these debts and have no way to address them. This is particularly troubling for those who require ongoing care or treatment for an illness or injury. If you cannot pay...
On behalf of Pond Law Firm | Jul 20, 2020 | Bankruptcy
Should your finances take a turn for the worse, there may come a point in the near future when you ponder the pros and cons of bankruptcy. Before you decide in favor of or against bankruptcy, it’s critical to answer a variety of questions as they pertain to your...
On behalf of Pond Law Firm | Jul 11, 2020 | Bankruptcy
When your debt level reaches a point where you can’t pay off your creditors or even make the required minimum payments every month, you may have to start making difficult decisions. You may pay the bills you need to cover to remain in your home while letting...
On behalf of Pond Law Firm | Jun 19, 2020 | Bankruptcy
If you’re over 65 and you’re still waking up at dawn to go to work, there’s a good chance that it’s because you need the money. According to a survey by Provision Living, which is a company behind senior living communities, 60% of employees working during what used to...
On behalf of Pond Law Firm | Jun 10, 2020 | Bankruptcy
There are dozens of myths about bankruptcy that don’t have any basis today. Sometimes, myths were created out of a misunderstanding of the purpose of bankruptcy. Sometimes, it’s a result of changes in laws over time that bankruptcy is misunderstood. It’s important...
On behalf of Pond Law Firm | May 18, 2020 | Bankruptcy
Medical bills are one of the many factors that can lead Americans to file for bankruptcy protection. The high cost of care coupled with the rise in normal living expenses is leading some individuals to wonder how they are going to make ends meet. This is especially...
On behalf of Pond Law Firm | Apr 22, 2020 | Bankruptcy
When a consumer files for Chapter 7 or Chapter 13 bankruptcy, the court issues an automatic stay that prevents creditors from trying to collect on debts. This effectively puts a halt on written demands, as well as phone calls, emails and personal visits. Some filers...
On behalf of Pond Law Firm | Feb 28, 2020 | Bankruptcy
With either Chapter 13 bankruptcy or Chapter 7, you want to create a budget for your post-bankruptcy life. It’s crucial with Chapter 13 since you have a repayment plan based on what you can afford. Even with Chapter 7, though, which gives you a fresh start and...
On behalf of Pond Law Firm | Feb 27, 2020 | Bankruptcy
A Chapter 7 bankruptcy filing enables you to have your debts wiped out without you having to make payments to the bankruptcy trustee to help pay them off. There are specific requirements for filing a Chapter 7, so it is imperative that anyone considering this option...
On behalf of Pond Law Firm | Feb 27, 2020 | Bankruptcy
Divorce can be very damaging for your personal finances. First of all, you will have to split what you own with your former spouse. In some cases, you may also have to pay spousal support, also known as alimony, or child support. Beyond that, you could incur thousands...
