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 12, 2024 | Bankruptcy,Chapter 7 Bankruptcy
Claiming bankruptcy in Mississippi can be a complex process, and Pond Law Firm is here for you every step of the way, guiding you through the process to keep it as simple and straightforward as possible. You’ve already got enough on your mind and navigating a complex bankruptcy doesn’t need to be added to your… Continue reading How Much Does It Cost to File Chapter 7 in Mississippi?...
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On Behalf of developers | June 6, 2023 | Chapter 7 Bankruptcy
There are different types or chapters of bankruptcy that individuals can file depending on their circumstances. There are certain types of bankruptcy that only apply to businesses and others that are primarily useful for those in specific professions, like farming. For individuals filing for personal bankruptcy, Chapter 7 and 13 proceedings are the most common.… Continue reading Do Chapter 7 bankruptcy filers have to sell their property?...
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On Behalf of developers | July 19, 2022 | Chapter 7 Bankruptcy
Filing bankruptcy can have a big ripple effect on your personal and professional life for quite a while. You will most likely have a lot of questions about what you are and are not permitted to do. Some of those questions may understandably pertain to your credit cards. Are you allowed to use them while… Continue reading If you file bankruptcy, what about your company credit cards?...
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On Behalf of developers | April 27, 2022 | Chapter 7 Bankruptcy
It’s not impossible to get your student loans discharged in bankruptcy, but it’s not exactly easy, either. Most people who file bankruptcy will still have those debts when they’re done. If your student loans are a major source of your financial distress and are unlikely to be discharged, is there any point in filing bankruptcy? Quite often,… Continue reading Why bother with bankruptcy when it won’t clear your student loans?...
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On Behalf of developers | February 18, 2022 | Chapter 7 Bankruptcy
Debt is still viewed as a taboo subject at times. Anyone in financial hardship can be misconstrued as being reckless with their money. The truth is that many American households are struggling financially through no fault of their own. Debt can leave you wondering where your next meal is coming from or how you will… Continue reading Debt affects more than your finances...
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On Behalf of developers | November 16, 2021 | Chapter 7 Bankruptcy
A key part of filing for Chapter 7 bankruptcy in Mississippi is passing the means test. The means test is a two-part test to determine whether you qualify for bankruptcy relief. In other words, can you afford to repay your debts with the amount of disposable income you have? The means test has two parts, but the… Continue reading The Chapter 7 bankruptcy means test...
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