On Behalf of developers | October 30, 2018 | Chapter 7 Bankruptcy
Bankruptcy can be a scary concept for debtors in Mississippi. We at Pond Law Firm know that many people are afraid to file for bankruptcy for fear of losing everything or looking like a failure in the eyes of others. However, bankruptcy laws are there for your benefit. Bankruptcy is not a failure but an opportunity to… Continue reading Chapter 7 bankruptcy can wipe the slate clean...
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On Behalf of developers | October 6, 2018 | Chapter 7 Bankruptcy
Residents in Mississippi who struggle with unmanageable levels of debt may try to avoid filing for bankruptcy for many reasons. Some people may feel that seeking bankruptcy relief is a sign of personal failure. Others worry that the black mark they may receive on their credit reports may preclude them from getting credit again in… Continue reading Getting a mortgage after Chapter 7...
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On Behalf of developers | September 21, 2018 | Chapter 7 Bankruptcy
If you are a woman in Mississippi facing an impending divorce, in the midst of a divorce or even already divorced, you may find yourself in a difficult financial situation that you never before imagined. There may be many reasons for this including the fact that you and your partner or former partner now must… Continue reading Financial challenges for divorcing women...
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On Behalf of developers | September 16, 2018 | Chapter 7 Bankruptcy
People in Mississippi who are struggling to pay their bills and still provide for their families are not alone. New data shows that the state has the fourth highest rate of bankruptcy filings nationwide. In addition, the number of individuals and businesses that have filed for bankruptcy is on the rise. As reported by AutoRemarketing, Mississippi saw… Continue reading Mississippi has fourth highest bankruptcy filing...
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On Behalf of developers | September 3, 2018 | Chapter 7 Bankruptcy
Residents in Mississippi who are struggling to make ends meet every month and end up seeing their debt increase instead of decrease may start to consider bankruptcy as an option. Certainly, this can help and deciding which type of bankruptcy to file for will depend in large part on the type of debt a person… Continue reading Older millennials saddled with high credit card debt...
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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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