Many people assume that they know all about bankruptcy. Actually, most know little about it. Some people jump to conclusions about the people who file for bankruptcy, judging them, mocking them and avoiding them. Well, that is a bunch of nonsense, and, in these...
U.S. Congress continues to grapple with bankruptcy reform on student loans. With rising college costs in the past 20 years, more and more students are taking out loans, and some are going into extreme debt. Many seek to have the debt discharged via bankruptcy, but...
As of now, the national halt on home foreclosures is set to end on July 31. It has had a major impact on the foreclosure rate in Louisiana and across the country. But with the moratorium set to expire soon, will banks rush to start foreclosing on homeowners who are...
Filing for Chapter 7 bankruptcy may be the best solution to eliminate overwhelming debts and start anew. Chapter 7 bankruptcy discharges the debts you have left after selling as much property as possible to repay the creditors. Sometimes you’ll have to make sacrifices...
Bankruptcy helps thousands of people regain their financial footing each year and get a fresh start by wiping away the debt that has dug them into a hole. With one clean swipe, credit card debt, medical bills, personal loans and utility bills disappear. However, you...
With U.S. unemployment still high and the economic recovery being so slow, it makes sense that households in Louisiana and around the country are cutting back their expenses. In fact, more than a year into the pandemic, it looks like Americans are being more careful...
You would never judge a friend, relative or neighbor in the Alexandria area if you found out they had recently filed for bankruptcy protection. But it may feel different if it happens to you. You might feel embarrassed or like a failure just for thinking about filing...
In filing for bankruptcy, you begin taking control of your financial life. The worst part of the storm is behind you. A new beginning awaits, and a positive outcome is mostly assured. A bankruptcy usually wipes away many types of personal debt, including credit card...
There is no telling what kind of hard challenges life will throw our way. Sudden medical hardships and unexpected disasters can even cause people with strong financial skills to suddenly become penniless. Bankruptcy attorneys know how to help people overcome their...
The decision to file for personal bankruptcy protection is up to the individual. Ultimately, you must decide whether bankruptcy is what you need to take care of your debt and hit the reset button on your financial problems. This is not a decision to take lightly, but...
