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...
On behalf of Pond Law Firm | Nov 29, 2018 | Bankruptcy, Debt Relief
Most bankruptcy filers want to receive immediate financial relief. They want their debts to disappear now, and understandably so. They’ve probably been suffering under a mountain of money stress for years — even decades. Which provides faster relief:...
On behalf of Pond Law Firm | Oct 25, 2018 | Bankruptcy, Debt Relief
You’re behind on your car payments, and it’s significant. It’s not as if you missed one month because you forgot or fell behind on other bills. Your financial situation is not that stable, you have a lot of other debt and you have not paid your car...
On behalf of Pond Law Firm | Sep 25, 2018 | Bankruptcy, Debt Relief
Those who consider filing for bankruptcy often worry about their credit score and whether they will be able to get loans in the future. After all, as Americans, credit is just a way of life. We take out mortgages to buy homes. We take out loans on new and used...
On behalf of Pond Law Firm | Aug 30, 2018 | Bankruptcy, Debt Relief
Bankruptcy is something you may not want to have to use in your life, but there are many times when it’s necessary. For someone who suddenly lost a job and hasn’t been able to find work, suffered a life-altering disability or has other financial problems...
On behalf of Pond Law Firm | Jul 31, 2018 | Bankruptcy
Bankruptcy is a huge financial decision to make. When you are faced with this possibility, you might find that everyone has some advice, opinions or cautionary tales. It is important for you to vet these before you heed them. There are many misconceptions about what...
