With more than 20 years of experience, attorney Michael G. Pond is HERE to help you get a "fresh start" by pursuIng the relief you need through the bankruptcy courts. Our staff will work directly with you through every stage of the process.
If you or someone close to you is burdened with unmanageable debt, it is important to understand that consumer bankruptcy laws may provide a solution. It is important to understand that although Congress does not provide "bailouts" to individuals and families like the big banks that are "too big to fail," Congress HAS enacted consumer bankruptcy laws in order to give individuals and families a "fresh start." Congress DID NOT enact the consumer bankruptcy laws so you "can never buy anything on credit again" or so that you "would lose everything." By filing bankruptcy, you may be able to get a fresh start, free from the burden of overwhelming debt. It is important to understand how bankruptcy can work for you by partnering with a knowledgeable and experienced law firm. Once we understand your circumstances, needs and goals, we can help you reach a best possible resolution in the most efficient and effective way. Additionally, we focus on making ourselves available to our clients, unlike other law firms that divide their time between multiple offices across the state. By focusing our time and effort on clientele in Jackson and the surrounding areas we are able to give each client the attention he or she needs and deserves. Our office is open from 9 a.m. to 5 p.m. Monday through Friday, with evening and weekend meetings available by appointment. We are also prepared to offer payment plan options for our clients. To schedule a free initial consultation to discuss your debt relief options call 601-948-4878. The initial office consultation is FREE. The Pond Law Firm is a federally designated debt relief agency and our lawyers help people file for bankruptcy relief under the Bankruptcy Code. --------------------------------------------------------------------------------------------------------------------------------
1650 Lelia Dr
Jackson MS 39216
Consumer Bankruptcy and Debt Consolidation
Saving Your Home With Chapter 13 If you can't catch up all of the past due payments on your home and the lender has scheduled your home for foreclosure, you may still be able to STOP the foreclosure sale and keep your home. However, you MUST file the Chapter 13 BEFORE the foreclosure sale date. After the foreclosure is stopped, we submit a Chapter 13 Plan which allows you to repay the past due payments over a 36 to 60 month Chapter 13 plan period. Also, you may be able to catch up your house payment AND discharge any unsecured debts such as credit card, medical bills, and many more. Once the plan is completed, you will continue with your regular monthly payment to your mortgage company. Does your home have two or more mortgages that you are behind on? Not a problem, we can include those too. Vehicles Are you months behind on your vehicle? Filing a Chapter 13 automatically stops ALL collection efforts against you, including repossession of your vehicle. Chapter 13 sort of works like a refinancing of your car loan. Instead of keeping the same car payment schedule, the total amount you owe for the car is repaid over a 36 to 60 month plan period. If you purchased your car more than 910 days before filing a Chapter 13 you may be able to pay only the NADA value of the car instead of the total amount owed (this is called a "cram down"). You will also pay only 7% interest instead of the astronomical interest rate that people with bad credit ususally end up with. If you have had your vehicle for any amount of time, the Chapter 13 car payment is usually lower than the regular monthly car payment you were required to make before you filed Chapter 13 AND you do not have to come up with all the past due payments at once! Secured Debts If you have loans with collateral such as household goods (stereo, computers, tvs, gym equipment, etc) you can also include these in a Chapter 13. We will put the debts in a Chapter 13 plan payment for 36 to 60 months and in most cases, we can pay only the VALUE of the collateral. Filing a Chapter 13 will stop any and all collection efforts against you, meaning you won't have to worry about the lender coming to your home and repossessing the collateral!
With more than two decades of experience, attorney Michael G. Pond is well prepared to help you regain your financial health. Mr. Pond's educational, personal and professional experiences set him apart from other Jackson-area consumer bankruptcy lawyers.
Before he attended law school, Mr. Pond obtained a degree from the University of Texas at Tyler majoring in Economics and Finance. The accounting, finance and economic coursework are all relevant and beneficial to his consumer bankruptcy practice. He then spent several years employed in the banking and consumer financial services sector, first as a collections manager for a Texas-based mortgage company, then as an account representative for a national automobile lender, all very relevant experience in the area of home loans, foreclosures, auto loans and repossessions.
Michael then attended Mississippi College School of Law from 1987-1990 from which he graduated "with distinction." While in law school Michael also served as a staff member on the Mississippi College Review. Law Review membership is reserved for the best and brightest based upon academic performance and legal writing skills.
After spending a couple of years with a corporate law firm focusing only on representing large businesses, Mr. Pond decided that this was not for him. In 1992 he founded Pond Law Firm and began representing individuals and families before the United States Bankruptcy Court for the Southern District of Mississippi. Since then, Michael has successfully represented literally thousands of individuals and families, assisting them with Chapter 7 and Chapter 13 cases.
We encourage you to compare Michael's credentials to any of the lawyers practicing consumer bankruptcy law in the Jackson area.
To schedule a free initial consultation with one of our Jackson bankruptcy attorneys, call 601-948-4878 or email the firm.
CAUTION: Numerous Jackson-area consumer bankruptcy lawyers will quote you a fee for Chapter 7 bankruptcy without ever having met you and without knowing anything at all about your income, assets or personal situation. A red flag should go up immediately. That lawyer already knows what he or she is going to do for youregardless of what you need. It is absolutely impossible for a lawyer to determine what's in your best interest without knowing all the facts. You may benefit from Chapter 7. On the other hand, Chapter 13 may work better in your particular situation. You need to know all your options. You need to know how Chapter 7 and Chapter 13 apply to your particular circumstances, not how these laws work in general.
University of Texas at Tyler
B.B.A., Finance & Economics,
Mississippi College School of Law
J.D., Cum Laude & Law Review,
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